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Read my comment more closely. > some cryptocurrencies have expected cash flows Ethereum has cash flow which is expected to go positive after they switch their
by everfree 5y ago
Read my comment more closely.
> some cryptocurrencies have expected cash flows
Ethereum has cash flow which is expected to go positive after they switch their consensus model from mining to staking this year.
At this point, I wouldn't buy any crypto that doesn't at least have a credible roadmap towards positive cash flow.
- cuteboy19 5y agoNo, you mentioned stocks not having future expected cash flows. I just don't see the difference between that and Ponzi schemes, even if there are some real examples of this
- everfree 5y agoMany popular stocks (all stocks without dividends or buybacks) are like a Ponzi scheme in that all of the money used to pay early investors (through sale of the security) comes from later investors (buying into the security). However, they are different from a Ponzi scheme in that there is a real business behind them, and no deception/fraud.