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> GameStop has everything Bitcoin has, plus some extra things Including the ability to keep making losses in perpetuity, which would make it worth negative inf
by T-A 6y ago
> GameStop has everything Bitcoin has, plus some extra things
Including the ability to keep making losses in perpetuity, which would make it worth negative infinity.
- thaumasiotes 6y agoNo, it wouldn't. As a stock owner, fiscal losses by the company named on the certificate don't impact you at all.
- T-A 6y agoThe only way a business can keep running at a loss year after year and not be declared bankrupt is by raising more capital, i.e. by getting more money from its investors. The price of your existing shares will not fall below zero, but you (or somebody else) will be paying up for new ones.