Cash is an unproductive asset. So if a productive asset generates flows of unproductive assets, that’s what makes the investment not speculative? - Andrew Hershy - Medium

Andrew Hershy

·May 12

There Are Productive Assets And Then There’s Crypto

Tony Yiu

Cash is an unproductive asset. So if a productive asset generates flows of unproductive assets, that’s what makes the investment not speculative?

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