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Unless Google pays dividends at some point (which Silicon Valley companies usually do not do), then yes, it's stock is worthless. as worthless as any other pap
by quasimojo 18y ago
Unless Google pays dividends at some point (which Silicon Valley companies usually do not do), then yes, it's stock is worthless.
as worthless as any other paper currency. indeed google stock has performed well against the US dollar (you could redeem your GOOG into euros).
no fiat currency has intrinsic value. come to grips with this. paper currencies have come and gone, stocks are no different than dollars or euros...its just a piece of paper that people will either value high, low, or not at all
- deleted 18y ago[deleted]
- natrius 18y agoPaper currencies are backed by legal tender laws, so the source of their value is apparent. Stocks, not so much.