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submitted 5 months ago* (last edited 5 months ago) by [email protected] to c/[email protected]

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[–] [email protected] 7 points 5 months ago (1 children)

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

I don't think it would functionally change anything

[–] [email protected] 2 points 5 months ago (1 children)

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.