All of the 10 richest people in the US, with the exception of Warren Buffett (and even that I wouldn't really call an exception, more on that below), built real businesses with real products that are used by millions of people and companies. I think wealth inequality is a major problem of our time but I despise this painting everything with a (factually incorrect) bad brush.

Re: Buffett is the only "pure investor" in the top 10, but even then Berkshire Hathaway is pretty famous for having a portfolio of some of the best managed companies in the business. It's not like Buffet is a day trader.

Elon, Bezos, Bill Gates, Ellison, Buffet, Paige, Brin, Ballmer, Bloomberg, Walton --- which of those billion/trillion dollar companies do you think in any way compares to the shambolic crypto world?

The 20 richest people in the USA all make their wealth via profitable companies that have returned value to shareholders.

My problem is with the collective gaslighting the crypto industry is doing with respects to utility vs speculation. I never thought I would find myself on the side of the SEC, but I have enough experience in the space with investors to builders to confidently say the vast majority of the industry is about speculative gain. Specious claims of utility are often just a means to that end.