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What is a tech stock's inherent value? They typically lose money and have a ton of employees. How is bitcoin different? You are investing in a technology with a

by epa 6y ago

What is a tech stock's inherent value? They typically lose money and have a ton of employees. How is bitcoin different? You are investing in a technology with a group of people who are supporting it. As more people agree it is useful, the price goes up. Same thing as a stock.

Aunche 6y ago
Tech stocks aren't stores of value either. They're investments. No matter how speculative they are, the company is expected to return its profits back to the shareholders.
- epa 6y ago
  Now we are just playing with semantics.
  - Aunche 6y ago
    From an purchaser's perspective, Bitcoin may be indistinguishable from a meme stock, but behind the scenes it's entirely different. You can't store wealth in a company because the company requires wealth the operate.