2021-05-08 Cryptocurrency Facts

From a thread on FB group TSLA shareholders asking who holds cryptocurrencies.

<< Mark Zoeckler

Jason Vickery when there is no underlying intrinsic value, it’s gambling

Clayton Slade

Mark is correct

Clayton Slade

Poker champions do a lot of due diligence. But they are still gambling. You only win what others lose. Zero sum.

Owning a stock is different because the underlying company produces a product and hopefully eventually earns a profit. >>

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