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RE: Ripple Lawsuit Update: The Judge is FUCKING PISSED!

in LeoFinance2 years ago (edited)

The post office sold the forever stamps to fund its operations, and they were guaranteed to be able to be used for a specific utility (mail a letter) for which the price would increase over time. So people could "invest" in the stamps now and be guaranteed a profit over time as the cost of mailing a letter increased. In fact, many people did purchase large quantities of forever stamps with the purpose of reselling them at higher prices later.

Wow that is a very insightful analogy.

Makes sense.