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Why Crypto Is A Losing Game w/Economist Peter Schiff EP 1208
The School of Greatness
Investing in Bit Coin or a Stock?
A stock is a operating business. And why are you supposed to buy a stock? Well, because you want to own a piece of that business. With bit coin, on the other hand, you're not buying into anything. You're just buying that vigital token. That token doesn't generate earnings that it can share with you. The only way you can make money on a bit coin is if somebody else buys it from you at ai price. That's not the case with stocks. It's very speculative. But when you buy the stock you stell, you may be right. The company may, in fact, succeed, pay dividends, and you don't be around for
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