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> To be like crypto, it would have to be a no dividend, no asset, no income, no identifiable market company. In other words, you’d have to subtract everything
by PragmaticPulp 6y ago
> To be like crypto, it would have to be a no dividend, no asset, no income, no identifiable market company.
In other words, you’d have to subtract everything of value and leave only the shares themselves. That’s essentially what crypto is: Shares of a finite number that can be moved around between accounts, but don’t represent anything other than themselves.
- jqpabc123 6y agoIn other words, you’d have to subtract everything of value and leave only the shares themselves. The reality is actually even more extreme and bizarre. The company would have to avoid providing any real overall value to society while consuming large amounts of energy in some cases. Crypto is a financial wonder; a virtual black hole that sucks in money and resources under the weight of it's own gravity.