Varven@lemmy.world to Asklemmy · edit-21 month agoWhat isn't illegal but should be?message-squaremessage-square356fedilinkarrow-up1153arrow-down16
arrow-up1147arrow-down1message-squareWhat isn't illegal but should be?Varven@lemmy.world to Asklemmy · edit-21 month agomessage-square356fedilink
minus-squaretheksepyrolinkfedilinkarrow-up7·1 month agoWhy wouldn’t companies just set themselves up as the exchanges in that scenario? I don’t think it would functionally change anything
minus-squareChonkyOwlbear@lemmy.worldlinkfedilinkarrow-up2·1 month 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-squareTodd Bonzalez@lemm.eelinkfedilinkarrow-up3·1 month agoThen how would the stock have any value?
minus-squareChonkyOwlbear@lemmy.worldlinkfedilinkarrow-up2·1 month agoThe way it originally had value. You are loaning the company money and betting they are successful enough to pay you back with dividends.
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.