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The Macro/Crypto Nexus with Dan Tapiero

Raoul Pal: Real Vision

00:00

The FTX Fraud: The Proof in the Pudding

The digital asset ecosystem as defined by the value of all the cryptocurrencies was 300 billion. Today it's 1.7 down from 3.3 at the high a year ago. $1.7 trillion in this space after a 70 to 80% decline in the price of its leading assets, Bitcoin and Ethereum. I don't think there's anything that can take us back down. We're going to have an inflation surprise to the downside.

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