Hacker News new | past | comments | ask | show | jobs | submit login

>Many firms funded by ICOs (or soon to be) have qualified leaders and developers and are developing great ideas, but IMO many are also raising too much money for their own good.

No, there aren't. Real money has never been cheaper than it is now. Never in human history. USD, Euros, JPY, etc. Super cheaper. Low single digits to borrow. Anyone doing an 'ICO' is trying to cash out at your expense, big time.




Welcome to the everything bubble. For those of us keeping a list, here it is:

- Government spending/borrowing bubble

- Education Loans bubble

- Housing bubble (at least in CA, but also worldwide to some degree)

- Bit coin, Ethereum, Coin bubble

- Stock market looks a bit frothy too - all the leading technical indicators show things won't be too rosy for the next 10 years.

Did I miss any?


Gold? How's gold doing?


> Real money has never been cheaper than it is now.

As strange as it sounds, this is indeed the case.

The cost of money is measured in $ per $ (or actually currency per currency) which is a percentage also known as interest rate.

There are no known records of any time in history where interest rates were negative. Sure, only banks can "get" these but they will do and hand them to the next by investing in his asset.


The interest rate in Japan is currently -0.1% and has been since the start of 2016.

https://tradingeconomics.com/japan/interest-rate


Japan has been using negative interest rates for decades.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: