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178 - Is Crypto's Bear Market Almost Over? with Raoul Pal
Bankless
The US Is the End of Crypto
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I've been very optimistic over this whole period, because the narrative was peak pessimistic. And there was only one hypothesis to test, is this technology going away or not. But if you didn't see evidence of it going away, or use cases dying, and the other thing that backed up my theories were, we saw what, $60 billion of VC money go in. There's an incredible amount of startups building new projects, building new areas which will form the next foundation for the bull market. Now, we've never seen that much money in the space before. I mean, it's like 10x the size of the entire hedge fund market in crypto. What does it mean? What
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