> The difference is that stock, at its core, represents a claim on a portion of the future profits of a business. Wow, that's so real, concrete and down-to-ear

> The difference is that stock, at its core, represents a claim on a portion of the future profits of a business. Wow, that's so real, concrete and down-to-earth :-) > The business is out there building widgets supplying people with a service Or perhaps not doing these things, but making performative presentations on how its groundbreaking unproven innovation is certain to bring in a lot of money in the future. Or a mix of the former and the latter. > Most coins are just hollow marketing gimmicks designed to move money around. One could argue that some, or many, publicly-traded companies - when one considers the listed trade value of their stock - are 10% real business and 90% hollow marketing gimmicks serving as parking space for speculators' money.