Stock P/Es, while high, have a non-zero denominator, so it's hard to consider the same as crypto speculation. I think both have a lot of the same driving factor

Stock P/Es, while high, have a non-zero denominator, so it's hard to consider the same as crypto speculation. I think both have a lot of the same driving factors (low interest rates, get rich quick culture, etc.), but, to me at least, crypto is a much riskier endeavor considering the net negative nature of its value.