Sure, but the shareholders legally own the R&D centre the company invests in instead or the massive pile of cash they sit on, and the companies can pay dividends, as soon as company management decides this would be the best uses of a company's assets (or the shareholders vote to remove them for someone that does).
Cryptographic tokens can't pay dividends and don't have any other sort of claims attached to them, the only possible way to extract any sort of value whatsoever is by finding someone else that wants to buy or borrow the token itself.
Eh, these days in the US they're bought back instead. Money still gets returned to shareholders, it's just more tax efficient and the gains aren't realized until the equity is sold.
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Many stocks pay no dividends.
Sure, but the shareholders legally own the R&D centre the company invests in instead or the massive pile of cash they sit on, and the companies can pay dividends, as soon as company management decides this would be the best uses of a company's assets (or the shareholders vote to remove them for someone that does).
Cryptographic tokens can't pay dividends and don't have any other sort of claims attached to them, the only possible way to extract any sort of value whatsoever is by finding someone else that wants to buy or borrow the token itself.
Eh, these days in the US they're bought back instead. Money still gets returned to shareholders, it's just more tax efficient and the gains aren't realized until the equity is sold.
Token creators can buy back tokens...