• theksepyro
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    fedilink
    65 months ago

    Why wouldn’t companies just set themselves up as the exchanges in that scenario?

    I don’t think it would functionally change anything

    • @ChonkyOwlbear
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      25 months ago

      I’m envisioning stock as a sort of non-transferable contract between you and a company. There would be no way to pass the stock to a third party.

        • @ChonkyOwlbear
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          25 months ago

          The way it originally had value. You are loaning the company money and betting they are successful enough to pay you back with dividends.