3 ms·
All stock markets are glorified gambling.
by rmrfrmrf 8y ago
All stock markets are glorified gambling.
- tim333 8y agoNormal stock markets facilitate investment in real ventures that provide goods and services to customers with some gambling as a side effect. It remains to be seen if crypto provides much beyond the gambling.
- BLKNSLVR 8y agoThat's how they should be, or how they used to be. It seems that has has reversed (in the 80's?) where stock markets now facilitate gambling with investment in real ventures that provide goods and services to customers as the side effect.