Four bubbles and a bomb. How 2015 will reset the financial landscape.

All. Time. High.

Remember these words.

Both traders and long-term investors, whilst they disagree often, will still turn their heads slightly, raise an eyebrow, or take a pause, when confronted with an all time high.

There are no fewer than four major investment sectors that are currently near or at all time inflation-adjusted highs: stocks, real estate, treasury bonds, and the US dollar.

Everything is up. Everybody is winning.

The problem is that these sectors are supposed to counterbalance and influence one another. Stocks and bonds should seesaw depending on interest rates and perceived risk. Real estate should follow the bond market, with respect to demographic fundamentals; the dollar should negatively respond to demand for all of these.

And yet, everything is at an all-time high.

So either the laws of thermodynamics have been suspended, or something has to break, because economic laws are like physical laws, rooted in the reality of actual resources, which are pushed, pulled, and shifted to accommodate the intention of their masters. There may be proverbial dams - indeed there must be dams, but they can only hold back the tides of reality for a finite period of time, like a rubber band stretched to its limits, with only the choice to snap or recoil.

So what will break?

Nobody really knows. But there is a fifth asset class, something special and unique, something that resides alongside, but not within, the current paradigm: Bitcoin.

Though owned by at least 1 million individuals, backed by at least $500M of venture capital, supported by at least 5,000 developers, traded on at least 30 exchanges, under the constant assault of at least 100,000 hackers, and understood by at least 4 newscasters, Bitcoin maintains a modest, scrupulous, honest, total value of $3.5 billion.

Facebook is worth $230B. Google is worth $375B. Apple is worth $725B. These are single, worthy companies.

Instagram was bought for $1B. SnapChat was offered $3B. WhatsApp was bought for $20B. These are startups, with a handful of founders, and a few million users.

But Bitcoin is not a company. Bitcoin is a movement. But if it were, then it would be the best funded, best staffed, and most obstinate of organizations. Bitcoin is vying for global dominance of the most important thing: money. Of course it gets better, since the blockchain can be used as a trusted source of timestamped information, with myriad applications, but don't forget that it was designed the be the purest, fairest, most apolitical trusted form of money that the world has ever had.

Bitcoin is the bomb. It's going to explode (in a good way). So ask yourselves: Is WhatsApp really worth more than Bitcoin?