This is the unlocking of everything, the unlocking of IP rights, identity, tokenization of real estate,

tokenization of cash flows, tokenization of all sorts of things. Everything can change. So I think

this is much bigger than anybody really realizes yet.

Welcome back to The Breakdown with me, NLW.

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

The breakdown is sponsored by Nidig and produced and distributed by Coindesk.

What's going on, guys? It is Saturday, August 7th, and that means it's time for the weekly recap.

But this week, we have something extra special, and I am not alone for this weekly recap.

My guest is Raoul Paul. You guys know,

Raoul, he's the founder of Real Vision, a new type of finance site community content hub that

has absolutely exploded. And for me, one of the things that makes Real Vision so powerful

and different compared to traditional financial media is that

although it's nominally about finance, it's really about change, about transformation, about

technology. As you'll hear in this conversation, those are pretty much what Raoul sees as the

biggest factors in finance. Real Vision launched Real Vision crypto earlier this year, and that

community already has more than 100,000 members discussing watching content and being a part of

this insane movement that we all call home. In this conversation, we talk obviously about what's

been going on in Washington, D.C. We talk about the larger macro context. We talk about why crypto is eating macro.

We talk about defy in the macro context. So it's a really interesting conversation that I know

you'll enjoy. So without any further ado, let's dive in. All right, Raoul, welcome back to the

breakdown. It's great to see you again. Always good to be here.

We were just talking about this. I started to prepare like I normally do. I normally go through

...