What is Nostr?
edilmedeiros / Edil Medeiros
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2024-02-13 18:28:52
in reply to nevent1q…gfql

edilmedeiros on Nostr: The same reasoning could be used to argue that stocks are worthless because they are ...

The same reasoning could be used to argue that stocks are worthless because they are just ledger entries somewhere. But stocks represent a physical thing, a part of a business operation in the real world. Bitcoin does the same; it is issued in return for a physical process performed by someone. What would be a non-speculative demand for stocks?
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