Re:Ethereum Now Handles More Transactions Than All Digital C...
by svennek on Thursday November 23, 2017 @12:55PM
(#15766697)
Except that companies have real (and for bigcorp, relatively stable) value, and that you are entitled to a fraction of it's dividend payouts (if it pays out dividends)
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Re:Ethereum Now Handles More Transactions Than All Digital C...
by baby on Thursday November 23, 2017 @01:28PM
(#15766918)
Legit ICOs work the same way. They have a solid product to support.
Re:Ethereum Now Handles More Transactions Than All Digital C...
by svennek on Thursday November 23, 2017 @01:45PM
(#15767043)
I fail to see the value of "legit ico" vs. stocks..
The only real difference is the lack of oversight and "common rules" - both of which I value when I invest my own money...
Stock (or bonds for that matter) have a long and stable legal history and are mostly standardized and well understood. (Not that investing in them is easy, I primarily buy ETFs).
ICOs are more wild-west anything goes, which just opens up so many cans of worms IMHO.. And if/when it gets too big or to wild-west all financial bodies declares the securities and they are then under the exact same rules...
Re:Ethereum Now Handles More Transactions Than All Digital C...
by alexasmyths on Thursday November 23, 2017 @08:34PM
(#15768940)
"Legit ICOs work the same way. "
No - they don't.
'Shares' give you ownership of the companies assets.
ICO 'Coins' give you ownership of a made up number - nothing more.