The only strawman argument of valuation was you dismissing the OP's perfectly sensible doubts about whether $1T of legal claim to business with actual physical

The only strawman argument of valuation was you dismissing the OP's perfectly sensible doubts about whether $1T of legal claim to business with actual physical capital and profit expectations was truly equivalent to $1T of cryptographic strings valued because number go up by pointing out technically, their market caps were both calculated in the same way, as if nobody should ever consider fundamentals or how much of the market cap of assets of the respective classes could be realised in a selloff (or indeed how much wash trading took place to completely fake market cap) But yes, your persistence in insisting the conversation should be about what you care about, and not about the original subject matter got me to acknowledge that some cryptoassets - which are unlike the high profile, high market cap unbacked cryptoassets the OP was talking about - imitate stocks and may generate future revenue streams from selling things other than tokens. Glad you enjoyed that bit. I do hope the insight passers by come away with isn't that DAOs and stocks have equally strong legal claims and rosy expectations and float is all that matters though.