they get how tech works the same way an iphone user knows the intricacies of cobalt refining.

I think a significant percentage of people in tech don't know anything. For them tech stuff like NFTs, crypto, meme coins are an infinite number of magic black boxes. You put money into the box by buying NFTs and eventually you get more money. All you have to do is find the right box. If a tech bro is rich enough to begin with - he can create his own NFTs or whatever. And then other people put money into the black box to his benefit.

I expect that there will be some kind of massive crypto collapse during Trump's term. And the greedy, grasping tech bros will scream and cry they want a bailout for their massive stupidity in investing in a highly volatile speculative investment that they bought because it's directly marketed as not being connected to government. The small fry tech bros will be fucked because Trump only rewards criminals he respects. And you have to be some kind of the right combo of rich, successful, famous, and charismatic for Trump to like you,