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>Shares like this have value only in the bitcoin sense: they're valuable solely because people think they're valuable. That's not true, you have ownership in t
by eberkund 10y ago
>Shares like this have value only in the bitcoin sense: they're valuable solely because people think they're valuable.
That's not true, you have ownership in the company proportional to the amount of stock you own. Just like any other stock. If the company is bought out or decides to give out dividends in the future you stand to make money. That is why the stock value tends to track the company's ups and downs. Comparing a stock to bitcoin is ludicrous.
- irq11 10y agoYes, if the company someday decides to issue dividends, you may then someday collect. That's true. But until then, you're gambling.
- lhopki01 10y agoAnd if the buy out is just of the voting rights stocks? There's no need to buy out non voting rights stocks if you want control. Give out dividends out of the goodness of their hearts?