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That's not the reason stocks have value. For one thing, many stocks don't return dividends. They are valuable because legally a stock owner owns a piece of the
by mrb 15y ago
That's not the reason stocks have value. For one thing, many stocks don't return dividends. They are valuable because legally a stock owner owns a piece of the company, therefore a piece of its assets (and future revenus which will help grow its future assets.)
Secondly, Bitcoin's decentralized nature, unfrozable assets, etc, is inherently valuable because unmatched by any other system.