715
Buy bitcoin, bro
(lemmy.nz)
1. Be civil
No trolling, bigotry or other insulting / annoying behaviour
2. No politics
This is non-politics community. For political memes please go to !politicalmemes@lemmy.world
3. No recent reposts
Check for reposts when posting a meme, you can only repost after 1 month
4. No bots
No bots without the express approval of the mods or the admins
5. No Spam/Ads/AI Slop
No advertisements or spam. This is an instance rule and the only way to live. We also consider AI slop to be spam in this community and is subject to removal.
A collection of some classic Lemmy memes for your enjoyment
Stocks in principle are used to represent ownership of a company. Companies sell things, and should provide returns, if nothing else as their assets grow due to profits.
Real estate, while it does not grow exactly, is needed for almost everything else. People need places to live, places to grow food and other crips, places to build schools and factories and restaurants and so on.
You're right that gold is the same as crypto currency though. It's valuable because we have all decided that it is valuable.
I have no idea what you mean by credit cards. That is not an investment. ๐
Gold is used as a store of value but at least some of it also has practical use in industry, electronics and as jewellery.
https://www.gold.org/about-gold/gold-demand/by-sector
That's fair, but lots of metals have practical use but don't have the historical place as a store of value.
You really do have no idea. Works out for those that do, I guess.
The final resort of the cornered cryptobro: You just don't know how it works.
Flail, it's funny for the "cryptobros".