It feels like throwing money down the virtual toilet has become a new international sport for rich people. Ethereum is like giant garbage can for throwing away

It feels like throwing money down the virtual toilet has become a new international sport for rich people. Ethereum is like giant garbage can for throwing away money; it lets you waste it all on ridiculous DeFi fees or on some useless NFTs, or you can waste it on completely ridiculous trading schemes that are only possible because of major flaws in the design of the garbage can... Um, I mean Ethereum... Rich people these days don't seem to bat an eyelash when it comes to throwing away huge sums of money on some obvious scams but they will not risk to invest even small amounts in new promising projects. Is there some kind of secret club for all rich people where one of the rules is that you should only invest your money in scams? That's the most rational explanation I can come up with. I'm not surprised that so many people believe in conspiracy theories nowadays. It's really difficult to explain how else rich people can be so dumb... It's almost like the invisible hand of fortune is selecting them explicitly because of their stupidity.