149
User asks for an explanation of why quantum computing companies are listed on the stock exchange
(lemmy.world)
this post was submitted on 14 Jan 2025
149 points (94.6% liked)
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Because they figure that if quantum competing does happen, it's going to be huge and if you're invested early you'll make big profits. So they take the gamble and buy stocks now just in case.
These are the people with enough money to go around to gamble on a bunch of stuff like this to play that odds. Statistically one of those bets is going to hit the jackpot and they earn all those bets back with a big profit.
Don't forget dumbasses like me who started gambling while stuck at home during covid. I buy ~$20 of speculative stocks every few months just for the thrill. It's basically the same thing as buying lottery tickets except it keeps me entertained for months or years watching them spike and fall.
How's it going? Not well. I'm sure I've lost more than I've made but it was money that I was okay with losing... same as a casino I guess.
It's a big club, and you ain't in it.