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submitted 5 months ago* (last edited 5 months ago) by Varven@lemmy.world to c/asklemmy@lemmy.ml

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[-] ChonkyOwlbear@lemmy.world 12 points 5 months ago

Stock trading.

I am fine with companies issuing stock and with people selling that stock back to the company. Everything else should be illegal.

[-] theksepyro@lemmy.ml 7 points 5 months ago

Why wouldn't companies just set themselves up as the exchanges in that scenario?

I don't think it would functionally change anything

[-] ChonkyOwlbear@lemmy.world 2 points 5 months ago

I'm envisioning stock as a sort of non-transferable contract between you and a company. There would be no way to pass the stock to a third party.

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this post was submitted on 26 Jul 2024

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