Hi all..

Just a thought for today..

I am wondering what the point is of all these alt coins.

Now don't get me wrong.. i understand the markets that have sprung up around these coins are where the true power is behind these alt coins. An amazing industry has popped up. Billions traded.

But something i am wondering..

To me these coins seem like shares of stock. (Many people will disagree)

But.. these "stocks"

They don't pay any dividends?

Are we simply waiting for the price to increase, then cash out in a blaze of glory?

Who is buying THOSE coins from us?

Is that person, also waiting for the coins to increase in price.. and then sell them for a profit? And the next person?

To me this seems illogical.

How about if the coins, for example.. paid a dividend?

I would then earn money from my investment, rather than simply waiting for it to increase in price and then pass over to the next bag holder.

I simply don't see how an investor.. would purchase shares in a business, a company, a product, a service, without getting something in return.

Would a bank purchase 1 billion dollars worth of shares in another bank.. and get no dividends? No profit share in return? They would simply hold the bank shares for a few years until someone came along and offered them more money for these shares that generate no income. Sounds like a liability rather than an asset.

I do not see ANY investor doing this.

But for some reason that's exactly what we are doing with these alt coins.

Perhaps if these coins were based on services and created wealth.. then we will have a truly profitable industry on our hands.

What do you guys think?