4 ms·

So asset classes depend on demand? Well done for understanding this. Not sure why you're picking on digital currency though.

• gitfan86 4y ago
  No, cashflow positive assets generate returns. The idea that a cashflow positive asset could have no demand means that the dividend yield could be infinity. Which is a ridiculous idea. On the other hand a cashflow negative asset like crypto can easily go to zero when the demand is at or below the cashflow cost.
  • nailer 4y ago
    Why is cryptocurrency mysteriously unique in not being able to generate cash flow? I can use cryptocurrency as gold, as cash, as a savings account, or artwork, all of which very obviously generate returns.
    • gitfan86 4y ago
      Speculation and trading are zero sum. The only way people made money on beanie babies was by finding a greater fool to sell to.
      • nailer 4y ago
        I know. Are you going to respond to the comment you're replying to?
        • gitfan86 4y ago
          You said that "fundamentals remain solid". If you had said cash or beanie babies had solid fundamentals I would have singled those out explained that they don't.
    • snapcaster 4y ago
      None of those things generate returns what are you talking about? do you know what cash flow or returns means?