cryptocurrency

[hokuten99]

Originally Posted by HippoNipple [You must be logged in to view images. Log in or Register.]

Cryptocurrencies is a vehicle to hold buying power. Stocks is a vehicle to own a portion of a business that provides a good or service. The buying power is used to purchase these goods and services. They are not a substitute. There is no transition from "stocks to blocks." Also, no one with any investment sense is saying stocks are going up because cryptocurrencies are going down.

thats cause you livin in the past dawg

[HippoNipple]

Originally Posted by hokuten99 [You must be logged in to view images. Log in or Register.]

thats cause you livin in the past dawg

I'm not denying the benefit of blockchain technology or even using it for a currency. Believing that a currency will replace owning businesses isn't forward thinking it is just proof you have a misunderstanding of how things work.

[hokuten99]

Originally Posted by HippoNipple [You must be logged in to view images. Log in or Register.]

I'm not denying the benefit of blockchain technology or even using it for a currency. Believing that a currency will replace owning businesses isn't forward thinking it is just proof you have a misunderstanding of how things work.

You dont understand.

stocks represent businesses yes

coins do not represent currencies they represent businesses.

there are only about 50 good coins out of the 2000 that exist.

they are all different with different purposes.

think how all companies have their own card. QFC card, home depot card, walmart card, food lion card, loes card.

its the same concept just converting to blockchain technology.

ITS GOING TO TAKE TIME.

LAST LESSON OF THE DAY I HAVE ADULT THINGS TO DO, go play with your stocks or something lol

[HippoNipple]

Originally Posted by hokuten99 [You must be logged in to view images. Log in or Register.]

You dont understand.

stocks represent businesses yes

coins do not represent currencies they represent businesses.

there are only about 50 good coins out of the 2000 that exist.

they are all different with different purposes.

think how all companies have their own card. QFC card, home depot card, walmart card, food lion card, loes card.

its the same concept just converting to blockchain technology.

ITS GOING TO TAKE TIME.

LAST LESSON OF THE DAY I HAVE ADULT THINGS TO DO, go play with your stocks or something lol

You are confusing these new start ups with companies that already exist. If a company wanted to make this transition you are referring to the stock owners would technically own the new coin they converted to if this very unlikely scenario ever played out.