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Apple does have worth beyond it's stocks because it owns stuff. The chairs in Apple's offices are worth more than some very profitable small businesses, let alo

Apple does have worth beyond it's stocks because it owns stuff. The chairs in Apple's offices are worth more than some very profitable small businesses, let alone their current working inventory of devices or the parts to make more or the IP that they've generated to make them, or or or ad infinitum. Cryptocurrencies are a null term. There's no there there.

TedDoesntTalk 4y ago
> chairs in Apple's offices I’d have mentioned their real estate holdings (offices, etc). Office chairs don’t have a big resale value but real estate often does.
- eropple 4y ago
  That's kind of my point. ;)
- giantrobot 4y ago
  They have tens of thousands of chairs in Apple Park alone. Even if every chair went for $50, Apple could net hundreds of thousands of dollars. There's plenty of small businesses that would kill to net hundreds of thousands of dollars.
- jazzyjackson 4y ago
  > Office chairs don’t have a big resale value Check out ebay auctions for Herman Miller Aeron, they're still worth something !
blueprint 4y ago
we weren't talking about the value of apple's stock or its property aside from the cash it holds on hand. did you just not read what i wrote? the considerable number of downvoters must have made the same mistake as you i guess. the question is whether fiat cash is any more real than cryptocurrencies. and as for them being a null term, you have no clue what you're talking about or you're intentionally trolling. please don't reply to me.
- eropple 4y ago
  You are right, I misread. I apologize. Unfortunately, you don't get to decide who replies to you or not, and the "but fiat currency!" is even easier to disabuse: it has societally inherent worth because it can be used to pay taxes even if it is not accepted in any other venue (which of course it is), whereas cryptocurrency's primary use is to grift or be grifted. That is inherent worth, unless you intend to go full big-brain about the Fall of Society, and at that point nobody is going to care about your digital ledger unless it comes with lead-backed securities.

TedDoesntTalk 4y ago

> chairs in Apple's offices I’d have mentioned their real estate holdings (offices, etc). Office chairs don’t have a big resale value but real estate often does.

eropple 4y ago
That's kind of my point. ;)
giantrobot 4y ago
They have tens of thousands of chairs in Apple Park alone. Even if every chair went for $50, Apple could net hundreds of thousands of dollars. There's plenty of small businesses that would kill to net hundreds of thousands of dollars.
jazzyjackson 4y ago
> Office chairs don’t have a big resale value Check out ebay auctions for Herman Miller Aeron, they're still worth something !

blueprint 4y ago

we weren't talking about the value of apple's stock or its property aside from the cash it holds on hand. did you just not read what i wrote? the considerable number of downvoters must have made the same mistake as you i guess. the question is whether fiat cash is any more real than cryptocurrencies. and as for them being a null term, you have no clue what you're talking about or you're intentionally trolling. please don't reply to me.

eropple 4y ago
You are right, I misread. I apologize. Unfortunately, you don't get to decide who replies to you or not, and the "but fiat currency!" is even easier to disabuse: it has societally inherent worth because it can be used to pay taxes even if it is not accepted in any other venue (which of course it is), whereas cryptocurrency's primary use is to grift or be grifted. That is inherent worth, unless you intend to go full big-brain about the Fall of Society, and at that point nobody is going to care about your digital ledger unless it comes with lead-backed securities.