In this video, we bring you an excerpt from investor Raoul Pal’s podcast about the recent tidal wave of interest in Central Bank Digital Currencies. There have been many crises encouraging rampant printing by central banks, which lead to destructive consequences. He calls Bitcoin “the cockroach of finance”: it can’t be killed, and it can be the life raft for this transitional period in history.
? Useful resources we recommend:
7 Ways to Create a Sustainable, Passive Income for Life – https://wealth.yt/richdad
Best Crypto Online Courses: https://wealth.yt/cryptoversity
How To Profit From Crypto In A Short Time – https://wealth.yt/ultimatum
Get $25 Crypto Bonus & Earn up to 8.6% APY On BlockFi – https://wealth.yt/blockfi
Get 4 FREE Stocks On WeBull – https://wealth.yt/free-stocks
Secure Your Crypto Assets On Trezor – https://wealth.yt/trezor
Manage All Your Money Accounts From One Place – https://wealth.yt/capital
Get 50% Off Motley Fool’s Stock Advisor – https://wealth.yt/stock-advisor
Best Training On How To Launch A High-Ticket Online Business – https://wealth.yt/start-here
The Video & Music Library We Use: https://wealth.yt/elements
[Affiliate Disclosure – Our channel is viewer-supported: when you buy through those links, we may earn an affiliate commission at no extra cost to you. If you enjoy our content, and you’re interested in one of the resources above, please consider using our affiliate link. This channel is a personal project, and every little contribution will help us to keep it going. Thank you!]
——————————————————————————-
“This Is THE END of Monetary Policy As We Know It…” Why Bitcoin Will Overtake Gold (Raoul Pal)
0:00 – What the adoption of Digital Currencies by Central Banks means
2:03 – How monetary and fiscal policy are going to change: the rise
of behavioral economics and incentive systems
4:03 – Why Bitcoin will overtake gold as the world’s reserve asset and become the payment system of the digital world
5:54 – Why Bitcoin is the unkillable cockroach of finance that the IMF, BIS, and governments can’t overcome
Central Banks Digital Currencies could mark the end of stable coins and the start of a new era for monetary and fiscal policy. Those will be the first significant steps of technology eating the traditional finance world. According to Pal, all macro signals are indicating a major shift in how the system is run. Examples of pivotal events in the coming shift to a digital asset world include the allowance of banking custody for crypto assets by regulators, major corporate treasuries investing in Bitcoin, and new types of banks (like Kraken).
#RaoulPal #Bitcoin #BTC
——————————————————————————-
? Inspired by:
The Bitcoin Life Raft: The End of Monetary & Fiscal Policy As We Know It (w/ Raoul Pal) by Real Vision
URL: https://youtu.be/qL2LfVRl3J0
Raoul Pal: It’s the Perfect Storm for Bitcoin by Only the SAVVY
URL: https://youtu.be/rNnk3jHu-as
The Rise of Bitcoin and Why the Elite Have the Most to Lose | Stacy Herbert by Stansberry Research
URL: https://youtu.be/qDLx55rtcWs
Bitcoin Documentary | Cryptocurrencies | Crypto Money | Blockchain Based Digital Currencies by Plot11
URL: https://youtu.be/OjMapgj-O0k
——————————————————————————–
? Get videos like this every week: http://wealth.yt/subscribe
Wealthy Value is an educational platform about business, global economics, and financial education. We help investors, entrepreneurs, and anyone looking to master the future of finance.
Every week, we post videos to help you master the game of money and build long-term wealth. You will find financial, entrepreneurial, and business wisdom from bright minds such as Robert Kiyosaki, Jim Rickards, Nassim Taleb, Warren Buffet, Jim Rogers, Ray Dalio, Peter Schiff, and many more.
Are you looking to become smarter and more financially literate in today’s changing economy?
? Subscribe here: http://wealth.yt/subscribe
——————————————————————————–
Copyright Disclaimer: Wealthy Value is a web channel intended to provide business knowledge through video essays and analytical compilations. It is intended primarily for the purpose of encouraging informed discussions, criticism, and review of business topics and towards such purpose, the programs use short extracts of cinematographic films, sounds recording, and photographic works. These clips and extracts are of a minimal nature and the use is not intended to interfere in any manner with their commercial exploitation of the competition for work by the owners of the copyright. The use of works is in compliance with the fair dealing exception provided under Sec. 52 of the Copyright Act, and we asset our use of the works under the exception provided for criticism and review.
