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by gabereiser 1490 days ago
If I buy a share of a company, I own it. Buy enough of it, I can control it. Same can not be said for crypto. If I buy a token of BTC it guarantees me no voting rights, no shareholder rights, no FDIC insurance, no insurance whatsoever. When comparing investment instruments, crypto is the worst of all of them, including timeshares.
1 comments
dubswithus 1490 days ago
Aren't most people pretty powerless when it comes to their investments? I can't think of any investments I've ever owned where I felt I had any power.
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gabereiser 1490 days ago
A lot of companies will restrict voting rights to the top % of investors. Some may even sit on the board.

Yes, the general public retail stockholder doesn’t have a whole lot of power. I was just making a point about ownership and securities. If you own enough stock in a company, your vote Carrie’s weight.

Downvoted I’m sure by the hodl gang.

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