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/biz/ - Business & Finance

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6433105 No.6433105 [Reply] [Original]

Shill me on why tokens have value.

What purpose does holding a token serve?

In the stock market a share is equal to 1/??? of a company

Crypto'currencies ' make sense, tokens are literally just nothing.

>> No.6433273
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6433273

>Shill me on why paper has value.

>What purpose does holding a piece of paper serve?

>In the stock market a share is equal to 1/??? of a company

>'currencies ' make sense, paper is literally just paper.

>> No.6433749

>>6433105

won in the crypto, found love of his life - amazing lucky guy! :,-)

>> No.6433833

>>6433105
Imagine ppaypal stocks.
You buy paypal dollars, and you have 1/??? of paypal company, since paypal can issue only $25 mil.

>> No.6434306

>>6433105
Except NEO, which behaves more like a stock

>> No.6434389

>>6433105
People pay money for them originally and they promise value from a company. Do you know how stocks work? It's like that except you can't spend your Walmart stock on tampons and you can spend most tokens.

>> No.6434441

>>6433105
Most tokens are speculation vehicles, and nothing more. But not all. Coins like COSS and Kucoin grant the holder a share of the company revenue (dividends). Some grant stake rewards of alternate coins, like POSW. (Ignoring 'mining' coins, of course).

Buying any coin that doesn't have dividends is too risky in my opinion.

>> No.6434538

>>6433105
I was the first person to spread this picture thank me later