As far as big purchases are concerned I started getting a real taste for that once I breached into the 6-figure range. There comes a certain point where a user has so much powered up that all of a sudden the entire network notices them. Like people are directly asking me for a proposal or witness vote. The higher echelon comes with a lot of political power.

Also "speculation" is a very broad category. The entire stock market is speculation and nobody questions it. How many stock enjoyooors actually cast votes with their stock? And I would argue that the momentary policies of stocks are even more whimsical than crypto a lot of the time.