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Their investment/"investment" is still in relation to bitcoin. It doesn't seem entirely incongruous to call it "investing in bitcoin". If I buy some shares in
by drdeca 4y ago
Their investment/"investment" is still in relation to bitcoin. It doesn't seem entirely incongruous to call it "investing in bitcoin".
If I buy some shares in a company that does things with [X], I think it makes sense to say that by doing so I'm "investing in [X]", even if I don't e.g. have the necessary license needed to directly own any [X].
- lupire 4y agoIf I make a bet on the Cowboys winning a game, am I invested in the Cowboys, or merely dependent on them? Did my bet have any effect on the Cowboys, even indirectly, in the way that buing a share of stock does?
- drdeca 4y agoI’m almost tempted to say that in that case you “are invested in them/their success”, but possibly “haven’t invested in them”?
- nathias 4y agoSure, one could and does say that, I'm just making a claim that we have to differentiate this better, not for being terminological pedants but because all the crashes of centralized exchanges will be used to regulate decentralized crypto while only allowing of centralized exchanges ...