The stabilization of the stock market has taken quite a while since the recession. As many Americans lost their equity and Wall Street faced the terrifying results of faulty loans built on nothing other than spit, toothpicks, and broken dreams, the world had to face an even more terrifying prospect: that perhaps the money we think we have isn't as safe as we're led to believe. Take into the more recent events with the recent Brexit and we have a potential perfect storm in the years ahead. As markets continue to regain their footing, whether it's by choosing to do their business on their own without the help of others or, as we saw last year, the return of banks' usage of CDOs, the public is left to rethink how they invest their capital.
Bill Gross, of Janus Global, seems to think markets are turning into casinos where investors are taking money and betting in circles which could potentially give back zero return on their investment. The risk, in this instance, becomes an atmosphere where the master pot becomes bigger and bigger - much like the house in a casino - and less money is squeezed out to the majority (aside from a lucky few). Again: where do we put our money?
Gross thinks the answer lies in block chain technologies such as Bitcoin. With funds in central banks being bet on our behalf, putting our money in sources such as Bitcoin keeps our funds intact and investments secure as central banks continue to recklessly play with our money. And with other similar resources turning their heads, like MegaUpload and BitCache, investing in technologies such as Bitcoin could prove fruitful as those markets become competitive while playing outside the box central banks continue to put us in.
You can read Bill Gross' complete financial outlook for this month here on Janus Global's homepage.