brypto

A young person in the dot com era had to build something or be part of an enterprise to benefit from the tech paradigm shift (generally speaking)

A young person in the crypto era doesn't have to build anything, they can just bet correctly

This decoupling of money & meaning is a competitive moat for those who prioritize meaning

friendly neighborhood shitcaster // working on @pinetree

more young people traded dot com stocks than worked for a company that ipo’d. 

not as different as you’d think.

I think you're underestimating how much more financialized the world has become, lowering barriers to entry for retail participation there is across all markets 

Source:

Fair point, maybe an acceleration, but I don't see it as a change of direction. It's always been the case that you can get wildly rich betting "correctly" and building nothing. Fortunately or unfortunately most cannot do this effectively.

I think you're underestimating how much more financialized the world has become, lowering barriers to entry for retail participation there is across all markets 

Source: https://www.ft.com/content/7a91e3ea-b9ec-4611-9a03-a8dd3b8bddb5