Couple of things coming to mind here... Elon's twitter price in the context of Facebook. Some years back when a lot more people were "squealing" about how much money FB was earning from their content! I calculated that each active FB user is "worth" something on the order of $17 to FB's bottom line... so making the argument that "I should be paid $1000's a year for all my social media content!" is really pretty "pie in the sky."
We might not like this in our particular environment, but 99.9% of all web content is essentially completely valueless. The periodically debated point that "only a small number of Hive users make significant rewards" is actually totally in keeping with reality rather than a fairy tale. Sure, we can argue "Web 3.0" till we're blue in the face, but it just doesn't compute that a million people posting a picture of a taco would be rewarded $5.00 each — or enough to buy the taco... unless, of course, the unit of measure rebalances to where it takes 500 taco pictures on social media to pay for a taco. So you still get $5.00 for your taco picture, but a taco now costs two grand.
So how are tacos relevant to what you're saying here?
"Things" ultimately have to have some kind of intrinsic/tangible value in order to hold their value. Hive is a pretty good deal because it actually does something... we've got blogging, we've got gaming, we've got social, we've got a YouTube derivative, we've got interest-based communities and so forth... there are reasons to be involved beyond a "shell game" of moving money around to create more money to create new kinds of money to move around in a circle. Not saying you can't profit from that, but it tends to be a zero-sum game in which there's a loser for every winner, but no overall value is built.
Right now, CUB needs to go 25x just to get back to $3.00 where a lot of people started. Sure, that happens all the time in the cryptosphere... but what's the compelling reason that will drive a bunch of investors into the sort of frothy frenzy that sends an asset on a 2,500% rise? Moreover, if CUB goes down to $0.06, then we suddenly need a 5,000% rise to get back...
=^..^=
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This is the difference between WEB2 and WEB3.
I don't think it's appropriate to compare the $17 Facebook user to a WEB3 user.
I think that's very misleading.
You make great points in terms of the infrastructure we have today.
But what happens when we have a gamified training program that trains hundreds or thousands of devs every year?
What happens when this network materializes in the real world and opens up shop?
People around here are willing to work for peanuts we just need the infrastructure to accommodate them.