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Shareholders own assets. If I buy a brick of gold, the gold doesn't pay dividends either.
by xapata 4y ago
Shareholders own assets. If I buy a brick of gold, the gold doesn't pay dividends either.
- lmm 4y agoGold is a poor investment, and indeed has some Ponzi-like properties.
- spaceman_2020 4y agoWhat assets do Uber's shareholders own? The app? How is that different from dApp?
- xapata 4y agoShareholders own shares of the company, and the company owns assets. For example, Uber owns some data center equipment. If the company were liquidated, that equipment would be sold and the proceeds distributed to creditors, bond-holders, and share-holders. We're about to see this process unfold for FTX. How exciting!
- RC_ITR 4y agoGold is a consumption good (jewelry) that people choose to treat as an asset (so much so that they forget that it was originally valuable because it was our most easily smithed/mined metal that rulers liked to adorn themselves with).