Your Guide to the Bull Run | Raoul Pal
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 15 April 2024
⏱️ 90 minutes
🧾️ Download transcript
Summary
✨ DEBRIEF | Ryan & David unpacking the episode:
https://www.bankless.com/debrief-the-raoul-pal-interview
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Bankless Nation, we’re having none-other than Raoul Pal, a frequent guest on this show, who needs no introduction.
Expect to understand debasement, how to navigate the different crypto seasons, and Raoul’s secular thesis. Besides his key learnings, Raoul also gives a peak into his portfolio and shares some hot takes on the current state of AI.
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TIMESTAMPS
0:00 Intro
6:35 SEC Suing Uniswap?
9:57 US Regulation Handbrakes
19:48 State of the Bull Market
29:45 Navigating Interest Rates
35:40 Understanding Debasement
47:25 Crypto Adoption
57:11 Crypto Summer
1:03:12 The L1 Race
1:07:17 The Role of ETFs
1:13:37 The Next Winter
1:17:52 Crypto Skeptics
1:22:15 The Secular Thesis
1:26:20 Raoul’s Portfolio
1:30:47 Real Vision
1:33:01 The State of AI
1:36:31 Closing & Disclaimers
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RESOURCES
Raoul Pal
https://twitter.com/RaoulGMI
Real Vision Festival of Learning
https://www.realvision.com/festival-of-learning
Raoul Pal The Journey Man
https://www.youtube.com/@RaoulPalTJM
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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:
https://www.bankless.com/disclosures
Transcript
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| 0:00.0 | The entire thesis is this market is going from 2.7 trillion to call it 12 trillion this cycle to 100 trillion by maybe the end of the 3032 cycle. |
| 0:12.6 | Wow, wow. |
| 0:14.2 | So this is, I think in front of us, |
| 0:16.2 | the largest fastest accumulation of wealth |
| 0:18.4 | in all human history. Welcome to Bankless, where we explore the frontier for Internet money and Internet finance. |
| 0:31.0 | This is Ryan Sean Adams. I'm here with David Hoffman and we're |
| 0:33.7 | here to help you become more bankless. Guys you know this the bull market is |
| 0:38.1 | here. The question on our minds in today's episode is what's going to happen next. |
| 0:44.0 | So we brought these questions on crypto, on macro, |
| 0:46.7 | and on investing to Raoul Paul, who's one of David and I's |
| 0:50.4 | favorite guests, I think on this subject, |
| 0:52.4 | particularly at this part of the market and so we ask questions like where are we in the crypto cycle |
| 0:58.1 | How long will this cycle last will it be different will it be similar to previous cycles? How high will it go? Which assets will benefit and most |
| 1:07.1 | importantly how to make sure you don't F it up? If you're looking for an episode to guide you |
| 1:12.0 | on what to expect next, this is it. |
| 1:14.5 | I think the reason why we keep bringing Raal Paul on is that he has this very clear North Star. |
| 1:19.5 | He's got these Theses that he really loves. We also love theses and they keep Raoul grounded and his feet |
| 1:27.0 | on the ground while the just chaos of a bull market warps around him. And that's always something I appreciate like navigating through |
| 1:34.6 | crypto without some sort of like North Star something to to keep your your boots on the |
| 1:38.8 | ground without that is it's hard it's hard you kind of need to some level of something to keep you sane and we call |
| 1:45.8 | this for us Ryan, the bankless thesis. Raoul has his names for his thesis and every single |
| 1:51.0 | bull market presents some new thing, right? |
... |
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