“This Drama ROCKS Entire ETH Market!” | Raoul Pal Ethereum (WATCH SEE)
Macro Investor Raoul Pal is back to being extremely bullish on Ethereum, Bitcoin & the entire crypto space over the next 12 – 18 months. In his latest question and answer livestream update, Raoul spoke on why he has been buying up crypto in the last 12 months and exactly how he see’s it playing for the remainder of 2023.
Make sure to stick around to the end of the video where Raoul also touches on the recent incident in which SEC chairman Gary Gensler was called out and questioned in congress regarding Ethereum and its regulations.
In the US, there has been huge controversy and back and forth between the SEC and the CFTC as to wether Ethereum or ETHer is a security or a commodity, with Gary Gensler not being able to give a clear answer.
Because the regulation is so muddy and not transparent at all, Raoul argues that Crypto will inevitably find a way. If the United States fumbles around and does not make clear regulation or pushes innovation off shore, Raoul argues that the U.K is already primed and ready to take on any innovation like they have in the past.
Outside of this, many other European countries have been very forward looking in their Crypto regulation, such as Germany, France and Switzerland. Also, only a small percentage of my viewers are actually subscribed, if you enjoy finance content, consider subscribing or liking the video, it’s free and you can always change your mind.
About Raoul Pal:
Raoul Pal is a co-founder of Real Vision, a financial media company offering in-depth video interviews and research publications from the world’s best investors. Prior to starting Real Vision, Raoul ran a successful global macro hedge fund.
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