Comment by PragmaticPulp

This is one of the lies that people use to legitimize crypto while de-legitimizing stocks.

But it’s not true. With crypto you’re buying an entry in a ledger and the hope that other people will want to buy that entry from you later.

With stocks you’re buying actual shares of an actual company with actual assets, and you now have an ownership claim on those.

Crypto is like taking the stock market and removing the only thing that actually gives stocks value, then selling the stock anyway.