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A comment on Binance sees $2B in outflows as troubles compound. Parent comment

Re:Binance sees $2B in outflows as troubles compound by Gwypaas on Wednesday March 29, 2023 @05:00AM (#35354448)
The difference is the dividend. A stock is a right to vote and a slice of future profits. Stocks are speculation about future profits, which then mechanisms to express optimism or pessimism are built on.

https://en.wikipedia.org/wiki/Dividend

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Re:Binance sees $2B in outflows as troubles compound by TimJRobinson on Wednesday March 29, 2023 @05:20AM (#35354619)
Plenty of crypto tokens also pay the equivalent of dividends - Ethereum, GMX, Balancer, etc. These come from the profits the platforms make. Almost all tokens give you the right to vote.
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Re:Binance sees $2B in outflows as troubles compound by hnbad on Wednesday March 29, 2023 @08:34AM (#35356290)
A stock, yes. But futures? Derivatives? There are tons of speculative financial products that don't grant a right to vote and a slice of future profits.

"Expressing optimism or pessimism" also doesn't sound very scientific or rational.

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