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You might not be better off in either universe but my reply was regarding difference between buying cryptocurrencies and buying shares. Buying shares is like i
by sireat 8y ago
You might not be better off in either universe but my reply was regarding difference between buying cryptocurrencies and buying shares.
Buying shares is like investing 50k in your Uncle Eddies seashell harvesting venture. In return you receive 50% share in his venture that is you get half of all future seashells harvested by Eddie.
Buying cryptocurrencies is like giving 50k USD to your Uncle Eddie and getting some seashells back but that is it! There is an active market for these seashells and price goes up and down.
However you do not get to claim any more seashells produced by Uncle Eddie.
Buying common shares implies certain rights to some enterprise while buying cryptocurrencies implies nothing.