Basic Question about Corporate Cryptos
Suppose a small software company produces great software for which there is high demand from businesses. They use cryptography to ensure their software can't be copied. You want to participate in their profits, but you can't buy stock because they are not public. Would you buy their software instead, hoping that you'll be able to sell the software at a higher price in the future?
Why is this different than buying the crypto tokens of private blockchain companies that are offering services to other companies? Why are these tokens of value to anyone other than the companies that want to use those blockchain services?
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