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fistymcbuttpuncher t1_j007jh3 wrote

Reply to comment by twohundred37 in Former FTX CEO Sam Bankman-Fried refuses to testify before Senate, committee says. by AdamCannon

What part of gambling do you not understand?

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twohundred37 t1_j008hq8 wrote

You can use the crypto market to gamble, sure. And in the same light, the New York stock exchange is the same type of casino. But there are real projects trying to disrupt the entire infrastructure of finance, and coming up with some incredible answers to difficult problems. I support advancement, so I buy some of these coins and tokens because I believe in what they’re doing.

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fistymcbuttpuncher t1_j009wvg wrote

The only way to get a 'return' on crypto is if someone buys it from you for more than you paid. You can get dividends from stocks.

They are not the same and anyone who says they are is on meth.

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twohundred37 t1_j00cd56 wrote

You clearly have no fucking clue what you’re talking about. Dividends are paid out from profits to share holders much like staking crypto, where an asset is held and regularly paid from fees collected by the network.

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