Yes, the best and wrong. If cryptoCURRENCIES are stocks, what are cryptoSTOCKS then?
Cryptostocks.com or NXT Asset Exchange are places where anyone who owns a computer can buy "stocks".
Currencies have different features.
Cryptostocks.com or NXT Asset Exchange are places where anyone who owns a computer can buy "stocks".
Currencies have different features.
A cryptocurrency can be thought of like a company; it has shares (the currency), profit (fees burnt), employees (miners), users (us).
That is true for Ripple maybe.
But classic cryptocurrency 1) is not incorporated 2) has no debts 3) has no accounting 4) has no assets 5) has no real profits or dividends
6) cannot be bankrupted 7) doesn't produce any product.
You usually cannot buy goods or services for stocks, etc. etc. etc.
Why should we use "stocks" analogy instead of just calling it "currencies" which they really are.
Let's call a spade a spade.
