Comments like this make me wonder how misunderstood a lot of the crypto space is and how little many know about it.

It's very normal in finance to call financial offerings, lending, loans, etc. products.

Some DeFi products offer nice rewards even - like somewhere around 12% pa for more risky, but about 6% pa for low risk products.

We are far from close to mainstream usage and early adopters probably will benefit the most.