I believe that one reason for this is that FIRE, passive income, entrepreneurship, etc. attracts people who are looking for shortcuts.
This means that they are optimizing for the short term, which is counterproductive to success in any area of life.
Back in the 2010s we saw this with niche sites, ebooks, info products, etc.
It worked for some but it's probably safe to say that learning to code and getting a tech job would have had better ROI for most people who went down that route.
At the moment we are seeing this in the crypto space, where you have all these guys in their 20s who are "investing in crypto" (gambling) because they want a Lamborghini ASAP.
They would likely be better off learning to code and getting a tech job, but they can’t see it at the moment because they don’t have the perspective that comes with time.
This means that they are optimizing for the short term, which is counterproductive to success in any area of life.
Back in the 2010s we saw this with niche sites, ebooks, info products, etc.
It worked for some but it's probably safe to say that learning to code and getting a tech job would have had better ROI for most people who went down that route.
At the moment we are seeing this in the crypto space, where you have all these guys in their 20s who are "investing in crypto" (gambling) because they want a Lamborghini ASAP.
They would likely be better off learning to code and getting a tech job, but they can’t see it at the moment because they don’t have the perspective that comes with time.