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>That's true for practically every asset class No, this is false. With stocks, the holder can get paid in dividends. With real estate, you gain value from actu
by hnthrow1010 4y ago
>That's true for practically every asset class
No, this is false. With stocks, the holder can get paid in dividends. With real estate, you gain value from actually using the land. A bond is actually a form of credit. Et cetera. Which other assets are you thinking of?
Edit: You must be conflating it with the funny money private stocks and their buybacks that a lot of startups have. Those are obviously a gamble, they're not really "investments" for most participants. It's no surprise that the same type of companies tried to go deep into ICOs a few years ago which are like the crypto equivalent of a bogus penny stock.