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This is a tired argument, comparing Bitcoin to stock and using words like "actual" in the context of stock while using words like "pretending" in the context of
by shrimpx 8y ago
This is a tired argument, comparing Bitcoin to stock and using words like "actual" in the context of stock while using words like "pretending" in the context of Bitcoin.
Most stock today doesn't pay dividents and has no direct relationship to the company's assets. You own some tradeable tokens and you bet on them going up or down in value. Implying stock ownership gives you something that's tangible and non-speculative is the real pretending.
- elsewhen 8y agofewer than 20% of the stocks in the S&P500 do not pay dividends: https://www.dividend.com/investor-resources/sp-500-companies-that-dont-pay-dividends/ https://www.dividend.com/investor-resources/sp-500-companies...