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The most cynical among us might consider that shareholders are just "yet another bunch of creditors" in the queue if something goes wrong. Which doesn't seem m
by wyldfire 9y ago
The most cynical among us might consider that shareholders are just "yet another bunch of creditors" in the queue if something goes wrong. Which doesn't seem much better than "the first customers for this crappy coin/service."
- rowyourboat 9y agoThe difference is not in the worst case scenario - everybody loses all of their money if things go really wrong. The difference is in the best case scenario, which can be very attractive as a shareholder.