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Why does a company have value? Why does a currency have value? It's always just a bet that someone will buy it from you in the future. Yes, you get a share of t
by cup-of-tea 9y ago
Why does a company have value? Why does a currency have value? It's always just a bet that someone will buy it from you in the future. Yes, you get a share of the company, but if nobody wants to buy the company or its stock, then you have a share of something that nobody will buy.