Absolutely right, and I salute the impulse to educate folks that taking financial responsibility and autonomy is something that is possible and profitable!
(While still disagreeing with you that crypto fits the requirement-profile of an emergency fund :P )
I just wish I had realized it earlier. I'd have never put any money into a 401k or the stock market. Worst performing asset class that I can imagine. Maybe some people are happy with the results they've gotten, but there is really a lot more you can do if you are willing to put the energy/time into it.
You could easily argue that this guy made poor decisions with his money, but it's also all too easy for investors to attribute their success to skill, not just a few lucky bets.
In the long run, my understanding is that few things will consistently outperform plain old index funds.
Doing the research and buying a house/condo in the right area, at the right time, can easily outperform an index fund. It is probably harder to do than just plumping money into an index fund, but it is a good example here for how you can allocate your funds in a less 'conventional' way.
(While still disagreeing with you that crypto fits the requirement-profile of an emergency fund :P )