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I think crypto might replace the stock market.
Companies can do an ICO instead of an IPO (on top of ETH for example). They can then buy back coins for ETH as a type of dividend with the ETH they payout coming from company sales.
Imagine if Google made an ICO doing just that. HOLY FUCK +10,000% on both the stock market and the crypto market. It may not be Google, but the first big tech company that does an ICO that pays dividends based on profits will just win and instantly wipe out all completion.
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>They can then buy back coins for ETH as a type of dividend
How does that function as a type of dividend? That would be a stock buyback.
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>>3165382
ok wolf thx for ur input, genius
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>>3166023
Since coins are infinitely divisible, you can buy back say 1/2 a coin for $1, then 1/4 a coin for $1, and so on.
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>>3165382
This is why eth is useless. It's just a platform for jews to generate literally limitless ico scams.
There are so many shitcoins in circulation now that exchanges have to delist coins just to keep the servers from crashing.
How long do you think this will last?
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>>3166036
That doesn't change anything. It's still a stock buyback. Google or whatever would now hold more ETH or whatever and the shareholders would now hold less ETH or whatever.
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