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Please don’t “both sides” this. Stocks are not a Ponzi scheme because funds from early investors are not flowing to fresh investors. There is the actual value
by eldaisfish 5y ago
Please don’t “both sides” this.
Stocks are not a Ponzi scheme because funds from early investors are not flowing to fresh investors. There is the actual value created by a company together with its future prospects and assets that combine to determine a stock price.
Crypto meanwhile has the backing of whom and what assets?
- intotheabyss 5y agoThat's strange. I own crypto assets that are also capital assets and I receive fees based on transaction volumes and loans. Seems like there's real value there.
- broighbrobroigh 5y agoActual value is a true Scotsman.