I disagree massively with this part. Stock markets are high, agreed. This is due to stock buybacks and huge bubble P/E ratios, not fundamentals though.
P/E ratios are near historic norms and far from bubble peaks:
http://bespokeinvest.com/thinkbig/2014/5/20/sp-500-historical-pe-ratio.htmlUnemployment as paid by the state is low, I agree. But the participation level is very very low, almost the same as in the trough of the recession in 2008.
The population (in Western countries) is aging and an ever greater fraction of the population are retired, leading to a long term decline in participation rates until we get over the demographic hump. The unemployment rate is more relevant because it counts the people that are actually looking for work and not finding it, rather than counting retirees, college students, etc.
People may not care about Bitcoin, but do you seriously not think that there will be an "internet money" in the future, so that you can pay for anything, anywhere without having to convert?
I think that future is already here, and we are already all using it, with online payment processors that let you buy things in any currency for only a nominal fee.