"Just wear a nice business suit to get your foot in the door" is just such laughably simplistic boomer advice regardless of the age of the person dispensing it.
Not to mention the advice of actually buying a physical cookbook -- what year is it?
I mean, yeah, NFTs are a massive speculative gamble and probably a poor one ATM, the space is too oversaturated. That doesn't make speculation in general a bad idea.
His advice of "don't speculate with free stimulus money even if you can afford it, spend it on consumer goods instead" is still bad advice.
Young people are the ones who can afford to speculate without it hurting them too much. They have an entire lifetime to make lost money back, and if they win on their speculative play, an entire lifetime to compound it.
Yeah, don't speculate in anything high risk. Leave that to important people. Instead, just consoom and spend your stimulus on business suits and concert tickets.
These people cannot stand the idea of speculative investments (such as DeFI) being available to the unwashed masses. Understandable, the author is a Financial Advisor after all and benefits from the impression that investing is some mystical voodoo that only Trained Professionals™ can do.
Why is this "cognitive dissonance" and not someone simply having a different sense of morality than you? Is everyone with different moral values than you suffering from cognitive dissonance?