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ASX edges higher as Aussie dollar remains near seven-months lows and Bitcoin passes $US100,000 — as it happened (www.abc.net.au)

submitted 2 weeks ago by Baku@aussie.zone to c/ausfinance@aussie.zone

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[–] hanrahan 1 points 19 hours ago

On the one hand Wesfarners pays a divided for every stock you own, and has for as long as I can remember actual money and each stock your own of the business has increased becase their profits and dividends have increased

Unless you are loaning your bitcoin out to an exhange, which means you have no ownership any longer and near zero legal protection, then it's nothing

That said, I'd agree a bitcon is no different to say a Berkshire Hathaway share in that respect both relying on the greater fool theory of investment.

A stock dividend is something tangible – it’s not an earnings projection; it’s something solid, in hand. A stock dividend is a true return on the investment. Everything else is hope and speculation – Richard Russell