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A comment on Kik, once valued at $1B, is to be closed. Parent comment

Re:Kik, once valued at $1B, is to be closed by pjc50 on Thursday September 26, 2019 @08:59AM (#21080491)
Stocks pay dividends. Cryptocurrencies don't.

Commodities can be sold and consumed for some real economic purpose. Cryptocurrencies can't. It's like gold except you can't see it or make jewellery from it or use it for anything.

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Re:Kik, once valued at $1B, is to be closed by Method-X on Thursday September 26, 2019 @09:27AM (#21080697)
I made no comment(s) on your above mentioned points. I was replying the assertion that "trading gains are someone else's trading loses".
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Re:Kik, once valued at $1B, is to be closed by pjc50 on Thursday September 26, 2019 @09:44AM (#21080804)
It's an arithmetic consequence of there not being any intrinsic return. The money won from cryptocurrency trading can only come from other traders, because there are no coupons, dividends, or physical deliveries.
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