Crypto

Amazon stock (or most growth stocks) is no different from "useless governance token". Amazon doesn't give dividend. Being a share "owner" is in name only, w/ no benefit except hoping other people'll bet on it too so price go up. All risk asset market valuation is mostly a meme

Fun fact: Crypto inequality is *significantly worse* than traditional wealth inequality! The top 1% of Americans own 30.4% of total US Wealth. The top 1% of Crypto users own 80%+ of total Crypto Wealth. "Crypto makes us all owners" is a narrative being driven by crypto elites.