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Do you genuinely not see a difference between Bitcoin and a stock? Stock is ownership of a company and entitlement to its profits. If you gamble on an unprofit
by smt88 5y ago
Do you genuinely not see a difference between Bitcoin and a stock?
Stock is ownership of a company and entitlement to its profits. If you gamble on an unprofitable company with no assets, then sure, your stock could be worth very little. But even then, the company likely has cashflow or something in its financials that's valuable.
Companies selling stock are also analyzed to death and publish their audited financials.