There are so many competing narratives on the media. How do we assess the truth? Raoul Pal, former investment banker and CEO & founder of Real Vision, reveals what to look out for. He explains why Bitcoin will hit $1 Million dollars in five years, why Ethereum might have an even bigger market cap, and the major systemic shift that’s coming for the global economy.
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Bitcoin To $1 Million By 2025 Explained. Why The Global Economy Needs Change | Raoul Pal
Raoul Pal, hedge fund millionaire and CEO & founder of Real Vision, spent his entire career as a successful macro investor, retired at an early age, and is one of the most prolific investor voices online. This interview was recorded on November 30, 2020 for ‘Finance Manager’, the leading business weekly magazine in Slovenia.
0:00 – Why the more Bitcoin’s price goes up, the more institutions need to have it
0:41 – Why there are many competing narratives, and what to look for to assess the real situation of the financial system
1:51 – The three phases this crisis will unfold
4:44 – Predictions for the economy and bitcoin: why $1 Million in five years is realistic
6:48 – Why Bitcoin is a great investment in the coming economic environment
9:05 – Why Ethereum could have a bigger market cap than Bitcoin, and what is the difference between the two
9:44 – What is the systemic shift that’s coming for the global financial system
10:43 – Why Bitcoin is an exit from this flawed financial system
#Bitcoin #BTC #RaoulPal
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Full Interview (Credits):
Finance Manager Interview #006 – Raoul Pal
https://youtu.be/NTExhsWPm5s
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