When all we see are stock prices next to crypto prices, it’s easy to forget that stock represents actual ownership of a company. When you buy a stock, you own

When all we see are stock prices next to crypto prices, it’s easy to forget that stock represents actual ownership of a company. When you buy a stock, you own part of that company, including all of the cash on their balance sheet, their inventory sitting on shelves, income from their business activities, any buildings they own, their IP, their brand, and so on. These are real, valuable things that are divided into ownership shares and sold to people. Crypto removes all of the actual ownership of things and just skips straight to shares that don’t represent anything. Take stocks and subtract all of the actual underlying assets and value, and you basically have crypto as traded on the exchanges. Remember that cryptocurrency has no notion of market price or exchange rate to USD. The exchange rate that everyone focuses on is not a function of the blockchain or cryptography. It’s purely a function of the exchanges