BTC is absolutely nothing like a stock, because it does not represent a centralised entity, while a stock does. A stock will always represent a centralised entity, while a (good) cryptocurrency will always be a decentralised network.
You can't measure the sales or profits of a cryptocurrency, nor can you measure the users or other fundamentals which are relevant to deciding a stock decision.
The exception to this is ICOs, but they involve a centralised entity who collects the funds, and it's only the token itself which can be decentralised.
Topic: Coinbase CEO Brian Armstrong Says: Bitcoin & Cryptocurrencies are the new stock - page 2. (Read 474 times)
November 24, 2017, 03:19:39 PM
November 24, 2017, 03:11:34 PM
Check it out fellas, I gave my 2 cents about the subject in the video but I would love to hear your thoughts on what he said in the interview as well. Thanks!
https://www.youtube.com/watch?v=Gel1GLJd3Ec
https://www.youtube.com/watch?v=Gel1GLJd3Ec
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