Hacker News new | ask | show | jobs
by valuearb 1835 days ago
The GME stock price is a derivative.

GME stock is a valid contract with a proportional ownership share of all GME tangible and intangible assets.

What crypto has the rights to any tangible assets? Even stablecoins are unaudited.

1 comments

Stablecoins do not offer claim on the backing assets anyways, if and when they exist.