RE: Bitcoin Vs. Ethereum: Which is a Better Investment?

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Bitcoin Vs. Ethereum: Which is a Better Investment?

in bitcoin •  7 years ago 

But isn't the point of BTC to be a currency that gives more privacy and is decentralized? The last two points don't mean much if it's not a currency - like what is it giving you a stock in?

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Well, I don't mean that it has the features of a stock, just that it shares some of the impracticalities of a stock.

On a side note: If a stock was (somewhat) anonymous, decentralized, did not pay yearly bonuses and represented ownership of a company that would never be sold, then you would have an asset quite similar to Bitcoin.

I don't agree that Bitcoin represents ownership of a company - that would make more sense if it was PoS