Raoul's Annual State of the Crypto Union Address
Raoul Pal: Real Vision
00:00
The Long-Term Adoption Cycle
The last time we got the cyclical cycle down onto the logarithmic trend was 2018, December. Bitcoin in nine months did three or 400% as did ETH. I've always referred to it like a beach ball being held underwater because the adoption trend is still there. So here we are in the long-term adoption cycle where Metcalfe's Law kicks in and this is the thing that drives the exponential gains.
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