@socalminh: Could crypto make you rich? Maybe. That's the conversation I had with my son today. We talked about how stocks are typically driven by three things: government policy, the economy, and company performance. Then we talked about why crypto is different. Crypto isn't a company. There are no earnings reports, revenues, or balance sheets to analyze. I explained that throughout history, the United States has looked for ways to keep demand for the U.S. dollar strong. After World War Il, much of global trade was conducted in U.S. dollars. Later, oil became largely priced and traded in U.S. dollars as well. Now we're watching what happens with digital assets. Bitcoin reserves continue to grow. The GENIUS Act is creating a framework for stablecoins. And most stablecoins are pegged to the U.S. dollar, which means even in the crypto world, the dollar remains at the center of many transactions. Does that mean crypto will make us rich? Nobody knows. That's why we're taking a slow approach. We're buying small amounts, paying attention to the news, watching adoption, and learning as we go. If more countries, businesses, and institutions continue adopting digital assets, it could create opportunities in the future. But we're not betting the farm on it. This is not financial advice. I'm simply sharing what I'm doing with my son and our family's finances. I would never reach out to you directly, DM you financial advice, ask you to join a group, or ask you to send money to anyone. Follow for more father-and-son money conversations. #crypto #millionaire #rich #invest #financialfreedom

socalminh

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Monday 01 June 2026 17:20:05 GMT