Yes - that was the first point to make very clear - that cryptocurrencies are regarded as very high risk and there can be extensive volatility.

I explained to him that part of what keeps the Steem Network stable in regards to price...is the way steem power is structured to prevent massive pumping and dumping.

As with regards to Bubbles - definitely a topic worthy of attention. Interesting stat with regards to bubbles...is a point of comparison that comes up to "tulips" and the "tech boom". The tulip mania involved a large percentage of people. Compare this to crypto currency...but the irony here is that we have about 1% of the world population involved within cryptocurrency. This suggests much room for expansion. In regards to the "tech boom"....the scale of the boom was in the 7 - 10 trillion dollar range...that was near 20 years ago! Keeping in mind the rise in costs of things....7 - 10 trillion dollars about 20 years ago...is worth much more than 7 - 10 trillion dollars today. Crypto hasn't even hit 1 trillion yet! Maybe the "bubble" we are talking about it in the "quadrillions". Maybe the "crypto bubble" will swallow everything else in terms of economies/currencies...and we move into the Space Age Industry that exists beyond land and sea based legalese.

Thank You for your comment @teodora it is much appreciated :)