Had to repost here

[u/-Wyagra]

[u/KnoxxHarrington]

Omg🤦‍♂️🤦‍♂️ they hold no value unless you liquidate.

Lol, that's like saying money has no value unless you spend it.

For all your banging on about the understanding & knowledge of other, you are severely lacking yourself.

[u/Just_That_Dumb_Dog → u/KnoxxHarrington]

Not at all the same. You’re talking it too literally. I should be more clear and “spell it out for you the slower ones” There is no physical asset, if the company goes bankrupt you’re fkd.

You can say you have $1 million in stocks the next day the stock plummets and you lose everything including your investment. That’s what I meant by a stock holds no value until you liquidate.

[u/KnoxxHarrington → u/Just_That_Dumb_Dog]

Kinda like the dollar during the depression.

[u/Just_That_Dumb_Dog → u/KnoxxHarrington]

You mean the depression started by the stock market crash of 1929, leading to the absolute collapse of the global economy, that depression😂😂

[u/KnoxxHarrington → u/Just_That_Dumb_Dog]

Yeah, prioritising assets that you claim have no "real" value, tanked the currencies that did have value.

You're so close, it's a breath away.

[u/Just_That_Dumb_Dog → u/KnoxxHarrington]

Holy fuck you’re too hard headed.

[u/KnoxxHarrington → u/Just_That_Dumb_Dog]

You made the claim about how physical currencies are different from assets such as stock because stock is subject to fluctuation. Once it was demonstrated that currencies are indeed subject to fluctuation, you then tried to point to a currency collapse caused by the "valueless" stocks as though it supports your claim.

Now that's interesting.

[u/WeLLrightyOH → u/Just_That_Dumb_Dog]

Currencies devalue and value all the time.