Originally Posted by
panpanpan
Legacy institutions were buying mortgage backed securities in 2005. Legacy institutions are buying the market now at all time highs with no fundamental basis for doing so besides the fed printing money. Institutions bought at the peaks of the dot com bubble. Just because major institutions are dabbling does not mean it is not a bubble. It can surely hit 100k, but it can also hit 0.
The dollar will hit "zero" before bitcoin does. If you think its the same thing as MBS's (not even close) then don't take a position, for now. You will eventually. Actually, even if you don't want to, you already do in your 401k wether you know it or not. Its the hardest money/SoV ever created. Have a zero position at your own risk.
Speaking of the housing bubble:
But I'm sure its all fine now. No reason to get a little insurance just in case.