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The difference is that owning bitcoin doesn't give you partial control over the world's largest companies.
by Salgat 2y ago
The difference is that owning bitcoin doesn't give you partial control over the world's largest companies.
- kragen 2y agoAnother difference is that you aren't arbitrarily excluded from being able to buy Bitcoin based on where you're born.
- Thorrez 2y agoBitcoin itself won't exclude you. But depending on where you are, buying Bitcoin might be illegal.
- kragen 2y agoOh, definitely. Those are, generally speaking, the places where it's most important that you can do so: the People's Republic of China, North Korea, Afghanistan, Egypt, Bangladesh, etc. See https://en.wikipedia.org/wiki/Legality_of_cryptocurrency_by_country_or_territory https://en.wikipedia.org/wiki/Legality_of_cryptocurrency_by_.... But it's legal in almost all of the world, and fairly easy, while opening an account with a NASDAQ-listed broker is near impossible for most people.
- JackSlateur 2y agoBecause you think you have any power over microsoft, with one action ? Unless you have a majority of the company, you are worthless.
- dowager_dan99 2y agoEven in the literal sense of "owning" you don't need a majority, but yes - one share does have fractional power. I voted my 1000/<a very big number> just recently.
- Salgat 2y agoIf a person or company wants to acquire controlling shares, they absolutely will need to buy up countless millions of shares to make that happen.