@[email protected] to [email protected] • edit-21 year agoWhat isn't illegal but should be?message-square344fedilinkarrow-up1151
arrow-up1151message-squareWhat isn't illegal but should be?@[email protected] to [email protected] • edit-21 year agomessage-square344fedilink
minus-square@[email protected]linkfedilink13•1 year agoStock trading. I am fine with companies issuing stock and with people selling that stock back to the company. Everything else should be illegal.
minus-square@[email protected]linkfedilink1•1 year agoWhat is the point if you cannot trade it to other people? How are you supposed to make money by trading then?
minus-square@[email protected]linkfedilink1•1 year agoThe company pays dividends. You make money if the company succeeds, which is why stock was created in the first place.
minus-squaretheksepyrolinkfedilink7•1 year agoWhy wouldn’t companies just set themselves up as the exchanges in that scenario? I don’t think it would functionally change anything
minus-square@[email protected]linkfedilink2•1 year agoI’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.
minus-square@[email protected]linkfedilink2•1 year agoThe way it originally had value. You are loaning the company money and betting they are successful enough to pay you back with dividends.
Stock trading.
I am fine with companies issuing stock and with people selling that stock back to the company. Everything else should be illegal.
What is the point if you cannot trade it to other people? How are you supposed to make money by trading then?
The company pays dividends. You make money if the company succeeds, which is why stock was created in the first place.
Why wouldn’t companies just set themselves up as the exchanges in that scenario?
I don’t think it would functionally change anything
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.
Then how would the stock have any value?
The way it originally had value. You are loaning the company money and betting they are successful enough to pay you back with dividends.