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by Sebb767
1546 days ago
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> Literally the only way you can profit with real estate is if people keep buying in at higher prices. It's the perfect instantiation of a pyramid scheme. Except, of course, if you live in it, rent it out or use it as businesses asset. Good luck doing that with crypto. > Literally the only way you can profit with stocks is if people keep buying in at higher prices. It's the perfect instantiation of a pyramid scheme. Except, of course, that you as a shareholder can influence the direction of the company and earn dividends. Good luck doing that with crypto. |
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- Real estate has real-world use cases
- Stocks have real-world use cases
- Bitcoin has real-world use cases
It's meaningless to describe any of these as pyramid schemes because "to profit you must be able to sell at a higher price to someone else". That's true of buying or selling anything.