80 - Ethereum is the Greatest Trade | Raoul Pal
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 30 August 2021
⏱️ 94 minutes
🧾️ Download transcript
Summary
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
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to Bankless, where we explore the frontier of internet money and internet finance. |
| 0:18.6 | This is how to get started, how to get better, and how to front run the opportunity. |
| 0:23.2 | I'm Ryan Sean Adams, I'm here with David Hoffman, and we're here to help you become |
| 0:27.8 | more bankless. |
| 0:28.8 | David, Ralph Paul on the podcast again, really interesting concepts and ideas. |
| 0:35.7 | We had him on nine months ago. |
| 0:37.9 | This was a different Raoul Paul to me, similar in many respects, but definitely some different |
| 0:42.3 | theses coming out of this episode versus the last one, and a totally different portfolio. |
| 0:47.5 | What was your take here? |
| 0:48.8 | It's really interesting to follow Raoul Paul down the crypto rabbit hole. |
| 0:52.3 | I think that's why so many people enjoy the content that he makes, in addition to being |
| 0:55.5 | just extremely articulate and extremely just informed about the way that markets work. |
| 0:59.6 | We are all collectively watching Raoul Paul like discover crypto and formulate his own opinions. |
| 1:05.5 | People kind of identify with crypto by the era in which they go down the crypto rabbit hole, |
| 1:10.3 | and so we all get to watch Raoul Paul go down the rabbit hole late 2020 early 2021 and formulate |
| 1:15.4 | his own opinions as what it's like to be in crypto in this specific part of crypto's history. |
| 1:21.3 | Because of course a big macro focused investor, which to me is a very like sobering perspective |
| 1:27.6 | to take, right? |
| 1:28.6 | It's like, let's ignore the regulatory fund. |
| 1:30.8 | Let's ignore the market movements of 24 hours or seven day charts or months. |
| 1:34.9 | Big trends. |
| 1:35.9 | Big trends only. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bankless, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bankless and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.