4 ms·
It was a hypothetical to clarify the issue. Suppose you were cursed by a genie and you could never sell an asset. In such a world, the $100,000/yr business sti
by graeme 7y ago
It was a hypothetical to clarify the issue. Suppose you were cursed by a genie and you could never sell an asset.
In such a world, the $100,000/yr business still has value to you. That was the point.
- jraedisch 7y agoHypothetical indeed. Hypothetically, ownership value should be close to sale value. At the moment I rather see people buying stuff that they think other people might deem valuable in the future, e.g. motivation behind buying TSLA is similar to buying BTC.
- arcticbull 7y agoThe motivation may be the same but TSLA produces electric cars and BTC produces CO2 and crime.
- thehazard 7y agoVery close minded on crypto, aren't ya?
- arcticbull 7y agoI tend to be closed minded towards scams, yes.