Yeah, especially since the people that hit it big on Bitcoin, GME, Ethereum are cashing out at the expense of the people getting in late; it's a wealth transfer

Yeah, especially since the people that hit it big on Bitcoin, GME, Ethereum are cashing out at the expense of the people getting in late; it's a wealth transfer mechanism akin to a pyramid scheme (and it keeps going until it runs out of people to pull in, just like any other pyramid scheme). Twitch streamers / YouTube creators at least provide some entertainment/educational value at scale, so it's more "legitimate" as a source of success, if you can call it that. It might not be as much of an issue if the people getting in late are already well off (then it's just redistribution), but otherwise it's people rising up on the backs of the misfortune (or cluelessness) of others.