2 ms·
some assets have real utility (real estate) other reflect value in term of tangible assets (stocks price/book value). i can pass the argument with precious meta
by hankchinaski 6y ago
some assets have real utility (real estate) other reflect value in term of tangible assets (stocks price/book value). i can pass the argument with precious metals although i think those also have real utility to certain extents (usage in electronics etc). so no not all investments are ponzi schemes.
- scotty79 6y agoThose things have some utility and yet most of them are bought solely for their resell value, not for their utility. Not all investments are ponzi schemes (by that vague, rubbery definition of ponzi scheme). Just the ones that are in limited resources, mostly for their resell value, which results of their prize going way higher than the value of their utility. Like the ones I listed.