178 - Is Crypto's Bear Market Almost Over? with Raoul Pal
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 3 July 2023
⏱️ 90 minutes
🧾️ Download transcript
Summary
Are we entering Crypto’s Spring? Raoul Pal is the Co-Founder and CEO of Real Vision, a financial media and education platform focused on Macro, Investing, and Crypto.
In today’s episode, we cover:1) The Aftermath of the 2022 Meltdown.2) How to Invest in the face of the current liquidity and external Indicators.
3) Why Raoul thinks we’re headed toward Deflation, not Inflation.
4) What AI will bring to the table, and how it intersects with Crypto
5) Why the Crypto Winter is probably over.
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TIMESTAMPS
0:00 Intro
7:20 The 2022 Meltdown
22:14 The Aftermath
27:26 Liquidity Indicators
34:51 External Indicators
37:54 Raoul’s Deflation Thesis
50:29 The State of AI
56:19 How Crypto & AI Intersect
1:00:43 The Implications of AI
1:08:14 Crypto’s Inflection Moment
1:11:43 Investing in the Current Climate
1:19:00 Raoul’s Portfolio
1:20:39 Crypto’s North Star
1:28:49 The Everything Code
1:35:26 Closing & Disclaimers
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RESOURCES
Raoul Palhttps://twitter.com/RaoulGMI
Real Vision
https://www.realvision.com/
Real Vision Newsletter
https://www.realvision.com/dailybriefing
The Everything Code
https://www.realvision.com/issues/the-everything-code-part-1-the-renaissance
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RELATED EPISODES:
118 - Raoul Pal | Should We Be Scared Right Now?
https://www.youtube.com/watch?v=nzGMSKbqjco
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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:
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Transcript
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| 0:00.0 | What's really interesting to me that most people don't think about is what is the compute called for AI's the tokens |
| 0:08.7 | Right, you pay for a certain number of tokens, right? It's obvious to me that a tokenization of an open AI network makes total sense |
| 0:22.0 | Welcome to vanquless where we explore the frontier of internet money and internet finance |
| 0:25.8 | This is how to get started how to get better how to front ground the opportunity. This is Ryan Sean Adams |
| 0:30.6 | I'm here with David Hoffman and we're here to help you become more vanquless guys |
| 0:35.6 | I'm in David's New York City studio today. This is the first Monday episode. We've ever recorded in person |
| 0:41.5 | And this is all about getting our bearings as crypto investors where we headed are we on the right path? |
| 0:47.4 | Will there even be another bull market in crypto anytime soon? |
| 0:51.2 | Raoul Paul is our guest for these questions a few benefits and takeaways for you. Number one |
| 0:56.4 | We've rewind to 2022. What happened over the last 12 months in crypto? |
| 1:00.9 | Do we learn anything? Number two, we talk about why Raoul thinks there's a crypto inflection moment on the horizon number three liquidity indicators |
| 1:08.3 | These are the key indicators that inform Raoul's outlooks in crypto investing number four |
| 1:13.3 | We talk about why Raoul thinks the popular inflation narrative is complete trash |
| 1:17.2 | Maybe we're in for deflation |
| 1:19.2 | rather than inflation in the coming decade number five |
| 1:22.5 | We talk AI is it a bubble or is it massively underhyped and how does crypto fit into the story? |
| 1:28.4 | And finally we end with Raoul's crypto portfolio in the summer of 2023 has he increased his exposure to crypto or decreased it? |
| 1:36.6 | Stay tuned at the end to hear the answer that David |
| 1:39.1 | Why was this episode significant to you? |
| 1:41.8 | Well other than having me right next to me, which took some getting used to but I think it went pretty well |
| 1:47.0 | Raoul finds |
| 1:49.0 | signals and finds ways |
... |
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