3 ms·
It's the same fundamental thing. Apple stock is worth more because future people believe it to be worth more. The 'why' behind that is also the same: people bel
by elwell 3y ago
It's the same fundamental thing. Apple stock is worth more because future people believe it to be worth more. The 'why' behind that is also the same: people believe that the product has value. Even deeper, people believe that their life has value. It's all the same fundamentally.
- Devasta 3y agoEven if no one on the planet was willing to buy apple shares from you, you still have something generating income through dividends. Bitcoin requires an ever-growing list of rubes to buy in.