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Raoul 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 entire stimulus in the US economy
01:41 – Nobody knows how the banking system is going to work
02:39 – Deflation is persistent, the economy is worse than expected
03:45 – Gold, Bitcoin, those are my main bets
04:27 – Looking at the comparisons of Bitcoin versus all other assets
05:30 – Almost everybody I know has a personal allocation to Bitcoin
06:47 – I think gold goes up, but Bitcoin is going up a lot more
07:49 – I also don’t think of Bitcoin and ethereum as the same thing
08:51 – Gold is the purest form of money that we’ve had
09:47 – I don’t care where the Bitcoin wins
💖 Inspired by: 💖
Hedge Fund Millionaire Invests All His Money in Bitcoin | Raoul Pal
Institutional money to propel Bitcoin to over $250K in one year? | Interview with Raoul Pal
Raoul Pal: ‘You’ll make huge amount of money’ from emerging markets
Raoul Pal sold his gold because ‘bitcoin is eating the world’ $300k price
The Real Vision Crypto Story: Understand the Future of Everything
👉Check out also:
https://youtu.be/Ko1JC6xukS0 – Raoul Pal: BITCOIN IS IMPOSSIBLE TO STOP – Everything Breaks Down Against BTC And CRYPTO
https://youtu.be/5OELyQk3aag – Jim Rickards: STOCK MARKET And GOLD Are Freeze – Entire Global Financial System Is Shut Down
https://youtu.be/M_usT9VJrqI – Jim Rickards: THERE ARE SO MUCH PAIN – The Economy Is In Very Bad Shape
https://youtu.be/ggY8DR1WSE8 – Jim Rogers: THIS IS NOT NORMAL! – Be Boring On The Stock Market And Avoid Stock Market Crash
https://youtu.be/XFdOU48ok7c – Robert Kiyosaki: “DON’T DISCLOSE IN PUBLIC!” – Economic Crisis vs. Financial Education
👉Special thanks to Raoul Pal
👉Anthony Pompliano – https://tinyurl.com/ybd6h7zg
#raoulpal #bitcoin #crypto #bitcoinnews #cryptonews #raoulpalgold #btc #cryptocurrency #economy #gold #cashflow
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