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The stock market is a place to buy shares of operating companies. You can go to the stock market and buy shares and then actually get the thing. If you buy eno
by CPLX 4y ago
The stock market is a place to buy shares of operating companies.
You can go to the stock market and buy shares and then actually get the thing. If you buy enough shares of Ford, for example, you can walk into the factory and drive off with any car you see, because you would literally own that car. If you buy enough shares of McDonalds you could rename it to McDowell’s if you wanted.
That’s pretty different to what would happen if you bought every Bitcoin in existence.
- metalliqaz 4y agoMore importantly for real investors, the stocks on the stock market are shares of a company that generates profit (or at least revenue and growth, with expectation of future profit). The value comes from that. The only "value" in Bitcoin is that it can be used to transfer money between two parties, but that function can be easily replicated, as it often is with shitcoins.