4 ms·
What are you talking about? APY on a loan is not P/E.
by aqme28 5y ago
What are you talking about? APY on a loan is not P/E.
- throwaway4good 5y agoIt is a return. And it is not loan, it is a "stake". An example of the mumbojumbo obvious fraud that is out there. It has nothing to do with a company making money by producing useful products or services that has actual real world value.
- aqme28 5y agoI mostly agree with you, but how does crypto.com's marketing relate to what I was talking about in the parent comment?
- MisterBastahrd 5y agoWhen you stake, you are using your own money to guarantee that transactions on a network will process successfully. If something happens and they don't, you lose that bag. Staking is just a very stupid loan that you give out without having any real insight into the people who borrowed from you.
- lupire 5y agoThey are saying that financially, P/E on a stock (really, E/P) you buy is the same as APY on a deposit/loan, since both are the return on invested capital, and you can cash out your principal later. Oh course their are subtle details that cause volatility and risk of collpase based on how the company/bank/borrower uses the money you put in.