I Can GUARANTEE This is GAME CHANGER! | Raoul Pal
Macro Economist and real vision founder Raoul Pal is extremely Bullish on crypto currency but one asset in particular – Ethereum. He believes not only ethereum, but the entire crypto space can pull as 200x over the next decade.
In an interview with Dr Julian Hosp – Raoul broke down the potential consequences of Bitcoin becoming the predominant store of value and currency.
He expresses concern about Bitcoin’s deflationary nature, which could lead to an unhealthy concentration of capital, hindering productive use.Ethereum has now also gone deflationary, which is why Raoul doesn’t believe it will be a zero sum game with one predominate crypto asset, but a digital world in which there will be many.
Pal also talks about the importance of network effects in the crypto space and challenges the Bitcoin maximalist view that utility tokens will trade at the cost of electricity.
He believes that the entire crypto space can grow massively due to adoption effects and the development of a parallel financial system.Make sure to stick around to the end of the video where I will break down Raoul’s argument and also Raoul discusses which alt coins he see’s value in outside of Bitcoin and Ethereum.
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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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9 Comments
Hello 👋🇱🇷_"Please,how can I make profitable investment as crypto has become dominant ?
<What's the best way to make profits from crypto trading..?
Not only is Bitcoin inflation a bad thing, as time goes on and as BTC owners die, more and more BTC gets locked forever as keys and wallets get forgotten or not passed on down the generations. This already happens with FIAT on a massive scale.
Thanks 👍 for the update ❤
Mr gaurantee man is back, the sunny uplands are here.
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Etherium has all the bad things of fiat and and capital markets in one issue.. JPM has been a silent dark lord over the Eth from very early.. XRP is the same.. ITs just SWIFT 1.2.. B