Re:Bitcoin ‘More Than Just a Fad,’ Morgan Stanley CEO Says
by root_axis on Wednesday September 27, 2017 @12:24PM
(#15349371)
> investments have some kind of builtin return like interest or dividends
I'd say, more so, the distinguishing factor between an investment and speculation is that an investment is used to facilitate a business process that could potentially create wealth whereas speculation is a bet that something of value will be worth more at a later date.
I'd say, more so, the distinguishing factor between an investment and speculation is that an investment is used to facilitate a business process that could potentially create wealth whereas speculation is a bet that something of value will be worth more at a later date.