I am new to crypto, and i have a lot of people at work telling me buy this coin and that, and i truly am asking out of curiosity. But when I buy shares of company stock, yes i want to be able to sell it for more to someone else in the future, but the stock could gain value because the company has increasing cash flow. that company literally is generating profit, and so the stock is worth some multiple of that profit.
With cryptocurrency, I don’t see how it is something that generates any return on investment? best case scenario, I sell it to someone else for more, just because of hype. there’s no cash flow. Am i missing something on why crypto would be an appreciating asset over many many decades and not just a speculative bubble/game of hot potato? Or is there something I’m missing with how it could be a 5% gainer for 20+ years?