Interest rates are near zero, the fed is printing like crazy, the dollar's value is starting to fall to critical support levels.... at some point interest rates have to start creeping up, right? What then? The stock market is so disconnected from the real world. How long can this madness continue before something awful happens?

We’re not even at the negative rate stage yet, friend.

We have a long way to go.

Aren't negative rates counterproductive though? How do you see this playing out?

Aren't negative rates counterproductive though? How do you see this playing out?

to clarify, you're not pulling out of the stock market in the next six months?

Because this is a deck of cards....

Aren't negative rates counterproductive though? How do you see this playing out?

Aren't negative rates counterproductive though? How do you see this playing out?

Interest rates are near zero, the fed is printing like crazy, the dollar's value is starting to fall to critical support levels.... at some point interest rates have to start creeping up, right? What then? The stock market is so disconnected from the real world. How long can this madness continue before something awful happens?

The next reserve currency will be a crypto. Whether it's Bitcoin itself or something they cook up in Davos I don't know, but I'd say the dollar is nearing the end of its run.

I’d actually bet on that one (opposite your view).

Nation states are necessary. If Bitcoin or any other crypto ever threatens a real currency, governments will crush it.

Limit mining, purchases from regulated banks, etc.

A currency with zero transparency and no regulation won’t be taken seriously without major changes in how we’ve organized society.

I think that horse has left the barn. There's no way to kill Bitcoin without killing the Internet. It's best to just accept it and deal with it, but as I said above, I think there's a good chance the world powers try to create a global crypto that they can control. Obviously, the major feature of Bitcoin is the decentralization. And that's the thing governments will attempt to eliminate.

For who though?

How does it advance American interest to mainstream Bitcoin? The RMB was held out of the reserve currency basket for decades and we’re going to ok an unregulated currency?

It’s one of those things that thrives in darkness but would have to majorly adapt to if governments were to actually allow it in trade. Blockchain makes sense, but specific cryptos have a long leash right now.

I think that horse has left the barn. There's no way to kill Bitcoin without killing the Internet. It's best to just accept it and deal with it, but as I said above, I think there's a good chance the world powers try to create a global crypto that they can control. Obviously, the major feature of Bitcoin is the decentralization. And that's the thing governments will attempt to eliminate.

You can make a law that American businesses can't accept it. Then you convince your allies to do the same.

What can you buy with it then?

You can make a law that American businesses can't accept it. Then you convince your allies to do the same.

What can you buy with it then?

You can try that, but when you do that the USA in its current form no longer exists. You're well on your way to a totalitarian state.

$100,000 Bitcoin.

Aren't negative rates counterproductive though? How do you see this playing out?

Bitcoin's value is still tethered to the dollar, correct? People don't seem to be getting excited about the concept of bitcoin as much as the are getting excited about it's increase in value in relation to the dollar. "I could sell my bitcoin and convert it into a million dollars!"

No. Americans just tend to think of value in terms of USD. My wife always asks when I'm going to "sell" some Bitcoin and I always reply, "You mean convert to dollars? Why would I do that?"

So just hodl until the heat death of the universe?

Interest rates are near zero, the fed is printing like crazy, the dollar's value is starting to fall to critical support levels.... at some point interest rates have to start creeping up, right? What then? The stock market is so disconnected from the real world. How long can this madness continue before something awful happens?

Interest rates are starting to rise. The yield on the U.S. 10 yr. rose 5 basis points Thurs. and Fri to 0.95% after dovish Powell's FOMC comments on Wed. I don't think the Fed will be able to maintain control on the long end anymore. In theory, rising interest rates should strengthen the dollar, but here interest rates would be rising because of money printing by the Fed, which is inflationary. As government yields rise, stocks will fall for being max priced already due to low interest rates. It would be especially bad to hold gold and silver right now, despite the run-ups in both this week, in the face of rising interest rates, because precious metals have no yield. Precious metals do best when interest rates are falling, but they're not falling anymore.

Trump says you can refinance at 0% interest rates. Who is going to be buying U.S. debt at that level when the dollar is devaluing far more than any interest you would ever receive on the debt? Hence, the situation where the Fed is the only buyer of U.S. government debt. That cannot be sustainable over the long-run. There has to be a point where the Fed's multi-trillion dollar bloated balance sheet becomes dangerous.

The Rich Dad guy said about a week ago that the everything crash is coming. I agree. People think that gold and silver or even bitcoin are safe-havens. They're not, when there's truly risk off and everyone is looking to cash out. I don't think government bonds will even be able to stand up to an everything crash.