Glad to see you're getting interested in crypto, Dad.

This bull run of investors getting into stocks just because they are going up and not looking at fundamentals is eventually going to end. Stocks like Netflix that have a huge P/E ratio but not much expected growth are going to be hammered in the future when the bubble bursts. Cryptos with huge market caps but small utility value are also going to get hammered when the crypto bubble bursts. People who hold stocks and cryptos for quick profits are always the ones that panic sell first when the market tanks.

In a few years I expect a coin to take over the market and end up at stores around the world. People will take their money out of fiat and put it into that coin, whatever it is. That's when I expect the value of that crypto to sky rocket into the trillions or tens of trillions and the value of fiat money to tank. Which that will cause stores to stop accepting fiat or charge a lot more for fiat. At that point, people aren't going to be selling their crypto because there won't be a better place to go. I don't expect that to happen for another 10-15 years though.

But going back to my point about Stellar, maybe it will keep a high valuation in the tens of billions of dollars, but I'm putting my money into cryptos that have the potential to go up into the trillions.