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Raoul Pal on The Exponential Age and the Everything Code: AI, Crypto, QE and Beyond

Raoul Pal: Real Vision

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Bitcoin Outperforms in the Up Cycles

Bitcoin outperforms in the up cycles because there's a network adoption model, which is why it does so much better than almost all other assets. I've also then shown that crypto is all the same thing. And what we'll know is, are we going to see larger scale QE coming in the next two years? So what would have to happen for that to be true? Firstly, we've got a banking crisis. The bank balance sheet is rising. That's all that matters. Secondly, we know that this is not resolved yet. There's a potential for further use of the balance sheet to sort out that part of the banks. But then we've got another problem here,

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