> in the real world most managers of publically traded companies try to increase the price these are traded at.
Because they own some stock and/or because that's what in their formal/informal job description.
When I said "casino" and "tokens" I had in mind randomness of the game and that value of the stock is virtual value that humans assign to it in context of the game they play.
Apart from that rules are completely different from any game played at the casinos.
I don't think that anyone who makes decisions at Google actually does anything to increase their share price. And in my opinion that's because they get that in stock market there's a "funding part" and "gambling part" and what they were interested in was the funding (it's basically free money plus some transparency that builds up the trust of your customers). Gambling does not concern them.
> One of them is that in the real world real money is being spent trying to get real customers, to get real innovations, and so on.
Yes. But that real money comes only from the moment when company introduced its tokens into the casino. What gamblers do between themselves after that should not concern company in any practical way. Unless they did something stupid like putting more than 51% of their stock on the market.
Can company even take part in gambling of their own stocks? Isn't that insider trading?
> I mean, to take nothing else, just remember that when a company's "token" price gets too low, its investors will vote for an acquisition in cash by a bigger company in the same industry at a premium over its "token price". That would have a very real effect in the real world.
Yes. There are some points of contact between "funding part" and "gambling part" but they are in place just to spice up the game. I don't think they are healthy for the companies because running company is about physics and increasing market price is about fooling people into thinking that you do more than you actually do.
Because they own some stock and/or because that's what in their formal/informal job description.
When I said "casino" and "tokens" I had in mind randomness of the game and that value of the stock is virtual value that humans assign to it in context of the game they play.
Apart from that rules are completely different from any game played at the casinos.
I don't think that anyone who makes decisions at Google actually does anything to increase their share price. And in my opinion that's because they get that in stock market there's a "funding part" and "gambling part" and what they were interested in was the funding (it's basically free money plus some transparency that builds up the trust of your customers). Gambling does not concern them.
> One of them is that in the real world real money is being spent trying to get real customers, to get real innovations, and so on.
Yes. But that real money comes only from the moment when company introduced its tokens into the casino. What gamblers do between themselves after that should not concern company in any practical way. Unless they did something stupid like putting more than 51% of their stock on the market.
Can company even take part in gambling of their own stocks? Isn't that insider trading?
> I mean, to take nothing else, just remember that when a company's "token" price gets too low, its investors will vote for an acquisition in cash by a bigger company in the same industry at a premium over its "token price". That would have a very real effect in the real world.
Yes. There are some points of contact between "funding part" and "gambling part" but they are in place just to spice up the game. I don't think they are healthy for the companies because running company is about physics and increasing market price is about fooling people into thinking that you do more than you actually do.