stockholders DO give stocks value
in the same way, account holders give a BANK value
if people lose faith in the bank
and withdraw their accounts
or lose faith in a stock
and close their position
the whole thing drops like a house of cards
If I Was Still On Hive
stockholders DO give stocks value
in the same way, account holders give a BANK value
if people lose faith in the bank
and withdraw their accounts
or lose faith in a stock
and close their position
the whole thing drops like a house of cards
That's speculation, value is there before the company goes public.
exactly like crypto