Hedge Funds on Crypto, with Raoul Pal of Real Vision Group
The Metaverse Podcast
In this episode, we talk to Raoul Pal, founder of Real Vision Group, a media production and aggregation team that are creating a place where the world’s most successful investors share their thoughts about what’s happening in today’s markets.Raoul is joined by our CEO Jamie Burke, to discuss the system of value created by cryptocurrency, the adoption rates of blockchain usage, the impact of the Metaverse on financial institutions, how the markets stack up against crypto, and more.
Everything You Need to Know About CRYPTO, & How to Gain WEALTH In the BITCOIN REVOLUTION | Raoul Pal
Impact Theory with Tom Bilyeu
Check out our sponsors: Athletic Greens: Go to athleticgreens.com/impact and receive a FREE 1 year supply of Vitamin D AND 5 free travel packs with your first purchase! LMNT: Go to drinkLMNT.com/Impact to try their brand NEW flavor - Watermelon Salt. MagicSpoon: Got to magicspoon.com/impact and use code IMPACT to save $5. CuriosityStream: Go to https://curiositystream.com/impact and use code IMPACT to save 25% off today, that’s only $14.99 a year. InsideTracker: Get 25% off their entire store at insidetracker.com/impacttheory Four Sigmatic: Get up to 40% off + FREE Shipping on Mushroom Coffee bundles at Foursigmatic.com/IMPACT By now it’s probably safe to say, either you are avoiding the cryptocurrency world and confused just looking at it, or you see the world through crypto and NFTs and all the potential it represents. Raoul Pal is a master investor that has seen the evolution of the world’s financial systems riding the highs and experiencing the lows as well. As respected as he is in macroeconomics, Raoul joins Tom for this conversation to broadcast the opportunity available for massive wealth transfer, and to break down exactly why the crypto revolution is happening and why it’s worth being excited about. If you’ve been avoiding the conversation or are excited and can’t get enough, this conversation holds massive value for everyone. Books mentioned in this episode: George Soros, The Alchemy of Finance Ben Horowitz, The Hard Thing About Hard Things Jared Diamond, Guns, Germs, and Steel William Strauss and Neil Howe, The Fourth Turning SHOW NOTES: 0:00 | Introduction Raoul Pal 0:58 | Who Is Raoul Pal? 5:19 | The Problems Crypto Solves 8:42 | Speed of Technology 12:31 | Equal Opportunity for Wealth 15:20 | Tom’s Crypto Story 19:38 | From Money to Crypto 25:35 | Ethereum Usability & Bitcoin 35:08 | Raoul Being Open Minded 41:02 | Dollar Cost Averaging 48:23 | Don’t Use Leverage 53:10 | Riding the Volatility of Crypto 1:01:50 | Percentage Allocation of Wealth 1:08:09 | Opportunity for Anyone 1:12:47 | Accredited Investor Scam 1:15:57 | Tokenization and NFTs 1:23:54 | Real Value of Communities 1:39:38 | Calling B.S. on Howey Test QUOTES: “Crypto as it started building out as an ecosystem, [...] is now the fastest adoption of any technology in all recorded human history.” [7:42] “If you know that something is being adopted at this speed, and it's a network of money at its core, and you combined infinitesimal fraction of it, so everybody can buy 10% of their net worth, then everybody who takes this opportunity will probably have the biggest opportunity in history to make money.” [10:11] “I'm screaming from the rooftops saying, you might be cynical, you might think you don't understand it. You might think you can't afford to play in this. But you have to listen, because this is the opportunity.” [14:31] “Suddenly, NFT's come and community tokens, and your mind is completely blown that this is not just money. It's the entire exchange, transfer and storage of value for the internet. Whole business models are about to change massively, because of what this technology unlocks.” [18:50] “Generational poverty is a mindset knowledge problem far more than it's a money problem, because they managed to pass on a likelihood of being poor.” Tom Bilyeu [25:46] “I want people to understand that this is a game and I don't mean that in any sort of derogatory way, but it has rules. And if you understand those rules, there's always an opportunity, especially in moments of disruption.” Tom Bilyeu [27:21] “Don't over force the narrative. Just be broad, be open and always be learning because we don't know. This is all new, and it's happening at lightning speed.” [34:31] “You have to know that we don't know the outcome, and anybody who tells you that they know what's going to happen is just a fraud.” [37:00] “Be paranoid, excessively paranoid, but still confident in that you're right, and you also have to accept the risk of failure.” [39:31] “This is true kind of distributed power within wealth creation, that people only dream of. This is the system not being against you, but working for you for once.” [1:15:14] Follow Raoul Pal: Website: https://www.realvision.com/collections/cryptocurrency Twitter: https://twitter.com/RaoulGMI LinkedIn: https://www.linkedin.com/in/raoul-pal-real-vision/ YouTube: https://www.youtube.com/channel/UCBH5VZE_Y4F3CMcPIzPEB5A
Raoul Pal is the CEO and co-founder of Real Vision, the content production studio focused on democratizing access to financial knowledge. He’s an investor with a sharp eye on the global macro environment, and has a strong grasp on the relationship between history and economics. What has changed since the last time Raoul was on the podcast? His takes on Ethereum are fascinating and thought-provoking, and his bullishness does not come lightly. ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 🎖 CLAIM YOUR BADGE: https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge ------ BANKLESS SPONSOR TOOLS: ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 🍵 MATCHA | DECENTRALIZED EXCHANGE AGGREGATOR https://bankless.cc/Matcha 🔐 LEDGER | SECURE YOUR ASSETS https://bankless.cc/Ledger 🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants ------ 📣 TracerDAO | Building DeFi Infrastructure. Join the Discord! https://bankless.cc/TracerDAO ------ Topics Covered: 0:00 Intro 5:00 Raoul Pal 7:31 The Macro World 11:48 Inflation 18:33 The Macro Crypto Story 31:43 Network Effects and Adoption 40:25 The Greatest Trade 46:25 Communities and Killers 52:50 The Ethereum Layer Zero 1:00:00 Raoul’s Allocation 1:03:27 NFT Mania & Culture 1:14:56 What’s the Metaverse? 1:22:07 Regulation, Social Tokens, Projects 1:25:43 Cyclical Markets, Predictions 1:28:41 Hope in a Rocky Decade 1:33:45 Closing & Disclaimers ------ Resources: Real Vision https://www.realvision.com/ Raoul on Twitter https://twitter.com/RaoulGMI?s=20 The World Is Waking Up To Crypto https://newsletter.banklesshq.com/p/the-world-is-waking-up-to-crypto ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures
BREAKDOWN: 'Crypto IS Macro Now' – Raoul Pal on Bitcoin, DeFi and the Transformation of Power
CoinDesk Podcast Network
“The Biggest, Clearest Bet of All is Ethereum:" Raoul Pal
In this week’s episode I interview Raoul Pal, who retired from the hedge fund world at 36 years old and has run financial media company Real Vision for the seven years since. He predicted the housing bubble, he was early to call the devastating effect the pandemic would have on the economy, and now he gives us his thoughts on what he sees is coming up in the next few months. Raoul believes the second half of 2021 will be worse than expected, but that the decline will be short-lived thanks to even more stimulus to be added to the global economy. This will cause risk assets to continue their climb, including crypto. And for that he’s well-positioned: he says 100% of his liquid net worth is in cryptocurrencies but if he had to own just one asset over the next 12 months, that would be ETH. Big thanks to our sponsors: Colony, which makes it easy for people all over the world to build organizations together, online. Balancer, one of the leading DeFi automated market makers (AMM) for multiple tokens. Dive into their pools at https://balancer.finance/! Enzyme provides an easy way to build, scale and monetize DeFi investment strategies Kraken, consistently rated the best and most secure cryptocurrency exchange, which can get you from fiat to DeFi Aave, an open source and non-custodial liquidity protocol where users can earn interest on deposits and borrow assets
Raoul Pal leads Real Vision to provide unparalleled access to the very best insights and analysis from the brightest financial minds. He prides himself on being a Business Cycle Economist, Investment Strategist, and Economic Historian. -- Real Vision is a disruptive financial media brand, created to help investors understand the complex world of finance, business and the global economy, with in-depth analysis from real experts. The video platform delivers exclusive, long-form interviews, research, live strategy calls, documentaries and analysis from impossible to access guests and the sharpest minds in global finance. There is also written research and a range of live events held all over the world. In addition, Real Vision is commissioned by leading financial services brands and fintech to create and distribute bespoke video content on their behalf. Uniquely, Real Vision has a young, wealthy and educated audience that engages with content at levels that are unprecedented in the industry.
ML175: Raoul Pal on The Art of Investing, The Rise of Digital Assets and The Past, Present & Future of Global Macro
Raoul Pal is the Co-Founder & CEO of Real Vision Group, a disruptive financial media brand. He also runs his own macro research business the Global Macro Investor and was himself previously a highly successful portfolio manager at one of the world’s largest hedge funds GLG. The global economy is in a state of transition and with the march of technology accelerating and a new financial system and digital economy being created before our eyes, Raoul is the perfect guide to help you make sense of what’s going on. In this episode we discuss: - How we got to the current crisis point in the global economy and what that means for you- The emerging digital asset space (including cryptocurrencies, NFTs & community tokens) and its significance as a source of return to combat monetary debasement- The skill of investing and what Raoul has learned about it after several decades in the markets If you’re expecting tips on which cryptocurrencies to buy or sell this conversation isn’t for you. But it is what I hope will be an evergreen conversation charting the story of how we got to where we are and where we’re going, through the lens of one of the world’s most successful investors.
MI090: Could This Time Truly Be Different? NFTs, Macro, Crypto, Bitcoin w/ Raoul Pal
Millennial Investing - The Investor’s Podcast Network
From a technical analyst to a macro investor, Raoul Pal has amassed a global audience for his expertise on everything markets. Coining the popular term “going irresponsibly long Bitcoin,” Raoul believes that Governments and their failed policies will drive up Bitcoin’s value and ecosystem to unimaginable levels. It is for this exact reason that the world is undergoing the largest technology transformation in human history in the shortest amount of time. Follow Raoul Pal: https://twitter.com/RaoulGMI In this episode, Melker and Pal discuss a range of topics including: Irresponsibly long Bitcoin Holding all your money in crypto Raoul Pal’s house special Metcalfe's law Bitcoin’s geopolitical role Sovereign wealth funds Opting out of fiat systems Leaving a mean-reverting world Global debasement Throwing away stimulus checks Entering the exponential age ---VOYAGERThis episode is brought to you by Voyager, your new favorite crypto broker. Trade crypto fast and commission-free the easy way. Earn up to 9.5% interest on top coins with no lockups and no limits. Go to https://thewolfofallstreets.link/voyager and download the Voyager app and use code “SCOTT25” to get $25 in free Bitcoin when you create your account.---Mina ProtocolMina is the world's lightest blockchain, powered by participants. Rather than apply brute computing force, Mina uses advanced cryptography and recursive zk-SNARKs to ensure a super-light and constant sized chain, that allows participants to quickly sync and verify the network. The team behind Mina is backed by VCs such as Coinbase Ventures, and Mina's adversarial testnet was the largest public testnet outside of ETH 2.0. To get involved ahead of Mina’s mainnet, visit https://thewolfofallstreets.link/mina---Matcha 0xMatcha is the easiest way to trade in DeFi. Matcha enables traders to seamlessly swap tokens using 20+ aggregated liquidity sources that deliver better prices than going to a centralized exchange or Uniswap. Connect your wallet and start today at https://thewolfofallstreets.link/matcha---Join the Wolf Den newsletter:►►https://www.getrevue.co/profile/TheWolfDen/members---If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe. This podcast is presented by Blockworks. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworks.co