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27 Dec 2020

Raoul Pal: BITCOIN IS ABOUT TO EAT THE WORLD – The Economy Is Worse Than Expected

Raoul Pal: BITCOIN IS ABOUT TO EAT THE WORLD - The Economy Is Worse Than ExpectedRaoul Pal: BITCOIN IS ABOUT TO EAT THE WORLD – The Economy Is Worse Than Expected “This is a once in a lifetime bet and kind of when you look at charts, you see gold breaking down versus Bitcoin and stuff like that. Bitcoin to me is this pristine collateral, but I see the amount of intellectual capital that’s going into the ethereum space, so there’s a chance that something really big comes out of this. Gold is the purest form of money that we’ve had, and it’s a 10 trillion dollar asset. The currency markets trade 4 trillion a day and they’re not, they’re not in any way the same shape or form, but it’s a bigger platform because more people use it so the currency market overall is worth more.” – Raoul Pal 00:11 – The markets kept hope while the underlying economy 00:54 – We missed the e

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