What Traditional Investors Think of Bitcoin with Raoul Pal - WBD317
The Peter McCormack Show
Peter McCormack
4.7 • 2.8K Ratings
🗓️ 5 March 2021
⏱️ 66 minutes
🧾️ Download transcript
Summary
Location: Remotely Date: Thursday 4th February Company: Real Vision Role: Co-Founder & CEO
Unlike almost every other market, in bitcoin, retail had the chance to front-run Wall Street. Since before bitcoin even had a price, the libertarians and cryptographers believed in bitcoin's ability to become the world's most dominant financial system.
Bitcoin has been through many boom and bust cycles that were almost entirely retail-driven, yet the institutions have dominated the 2017 narrative.
MicroStrategy changed the landscape for bitcoin investment and ushered in a new wave of 'smart' money. While there was undoubtedly institutional investment before MicroStrategy, it was their purchase of 21,454 bitcoin in August of last year that opened the floodgates to corporate investment.
But how do these traditional, 'smart' money investors view bitcoin? And what do they think of bitcoiners?
In this interview, I talk to Raoul Pal, macroeconomist and co-founder & CEO of Real Vision. We discuss the differences between retail and institutional investors, what a $1 trillion market cap means, volatility and market cycles.
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Here we've actually got a broadening diversifying deepening market which looks perfect |
| 0:07.0 | technically has a good roadmap has good seasonality it's like if you can't find conviction here you're never going to find |
| 0:14.5 | it this is like the perfect storm for big life. Hello there from Bedford the home of |
| 0:20.9 | Bitcoin how are you all? How do we going? |
| 0:24.0 | Bitcoin trading sideways a bit, a bit frustrating right. |
| 0:28.0 | During this bull market you just want it got like a rocket ship. |
| 0:30.0 | But here it is ranging between like 54,000 or 44,000, like it's no big deal. |
| 0:37.0 | Anyway, welcome to the What Bitcoin did podcast, which is brought to you by the mighty |
| 0:41.2 | Cracken, the best place to buy and sell and trade |
| 0:43.6 | Bitcoin I'm your host Peter McCormack and today I've going to interview with my good friend |
| 0:47.5 | Raupau where we're going to be discussing how institutional investors look at |
| 0:51.8 | Bitcoin but before that I do have a message from my show sponsors. Firstly today I'm going to talk to you about Sports Bet.io, the best place for Betting against Tottenham losing, the only place I use for betting against |
| 1:05.5 | Tottenham losing. |
| 1:06.5 | And why? |
| 1:07.5 | Cuz that except Bitcoin. |
| 1:08.9 | God I love these guys. |
| 1:10.9 | Spent a lot of time with them, getting to knowing the business and their love for |
| 1:13.4 | Bitcoin and I watched them put a Bitcoin logo on the front of the Southampton shirt |
| 1:17.2 | so if you're watching Premier League football and you see a Bitcoin logo you've got |
| 1:21.4 | Sports Bet Diode to think they're trying to tell the world about |
| 1:24.5 | Bitcoin. Now with Sports Betoio you have access to every market you could be |
| 1:29.7 | possibly interested in. As I said if you want to bet on top of them losing you can do that there but |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Peter McCormack, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Peter McCormack and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.