Compare capitalization of Vietnamese companies & Crypto companies

Re-sharing this article by Jack Vi because I think the insights are quite good. What do you think about VALUATION in Crypto?

Is it because Crypto is "stupid" or is comparing token capitalization with corporate capitalization fundamentally different?

Jack Vi: "Vietcombank, etcombank, PV Gas, Vinamilk, Vingroup,... with nearly 10,000 employees to be able to build an empire of over 5 billion USD.

Solana 175 people 9 billion USD.

Here we also clearly see many unreasonable comparisons, I also see that clearly. For example, companies like Vietcombank, PV Gas, Vinamilk, Vingroup,... bring more real value and more sustainable development."