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> Literally the only way you can profit with real estate is if people keep buying in at higher prices. It's the perfect instantiation of a pyramid scheme. Exce
by Sebb767 5y ago
> Literally the only way you can profit with real estate is if people keep buying in at higher prices. It's the perfect instantiation of a pyramid scheme.
Except, of course, if you live in it, rent it out or use it as businesses asset. Good luck doing that with crypto.
> Literally the only way you can profit with stocks is if people keep buying in at higher prices. It's the perfect instantiation of a pyramid scheme.
Except, of course, that you as a shareholder can influence the direction of the company and earn dividends. Good luck doing that with crypto.
- bitxbitxbitcoin 5y agoActually you can rent out crypto (to short sellers).
- lanstin 5y agoA nice example of how the winners in the gold rush aren’t the suckers but the people selling stuff to the suckers.
- aaaaaaaaata 5y agoOr by staking for loans, other transactions.
- bluepnume 5y agoWhat does that have to do with the original point? - Real estate has real-world use cases - Stocks have real-world use cases - Bitcoin has real-world use cases It's meaningless to describe any of these as pyramid schemes because "to profit you must be able to sell at a higher price to someone else". That's true of buying or selling anything.