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Entering the exponential age with Raoul Pal

The Wolf Of All Streets

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Interest of Sovereign Wealth Funds in Cryptocurrencies

This chapter discusses the interest of sovereign wealth funds in cryptocurrencies, particularly Bitcoin, as a means of diversifying holdings and protecting against inflation. It explores the market cap requirement for large allocations and the concept of the cost of capital. The chapter also covers the involvement of corporations, pensions, and endowments in Bitcoin, debunking the criminal narrative and speculating on central bank adoption.

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