This sentence (amongst others) is why I cant take traditional investors seriously. You are forming your opinions based on misunderstanding the technology. NFT owns DO NOT OWN the artwork that the NFT points to. The owner is the host of the document, the NFT is a hash of a pointer to the document. If the host decides to decommission the VPS where the hash points to, then the NFT owner owns a pointer to nothing. You were right the first time, the purchase price being so high is because they are just silly and, like you, don't understand the technology.
Staking is NOT locking in your coins, almost no coin (as opposed to a token, do you know the difference?) requires coins to be locked for a significant amount of time (or any) to stake. Cardano, Divi, DOT, any PIVX fork, QTUM, NEBL, etc etc there are exceptions, of course (COSMOS, etc)... you stake when you help the network with the consensus mechanism. The more nodes doing this, the more secure the blockchain network is. How is this gambling? It is working, in the same way people get paid for running security systems, remote surveillance systems, industrial automation, etc. Have you forgotten what work looks like?
You completely glossed over the ludicrous times that the dot com boom were. "Accredited investors" and professionals were throwing money at ANYTHING with a 2 page business plan. And you are trying to make the case that somehow these Gen Zers are somehow not doing it right?
The housing market crash, the upcoming crash, and other horrors of the decimation of our economy and other economies around the world are specifically caused by regulated markets. But somehow unregulated crypto is bad? The penny stocks you wrote of existed in regulated markets and by your own admission, behave similarly?
Scams like Theranos,Solyndra, Madoff, and Enron and hundreds of more between defrauding investors or simply smaller ones defrauding taxpayers happen every day in fully regulated markets. These scams are FAR LARGER than ANY crypto scam to date. But you pretend regulation will somehow make it stop?
GenZers are going to break the regulated system. Investments are going to be globally available and include everyone not just a rich elite. People will eventually learn to ignore scams.
This is all good, and if this is the way GenZers are going to break the status quo... more power to them. Let me know how to help.
-a Gen Xer