
Raoul Pal on the Impact Theory Show
Raoul Pal: Real Vision
00:00
Bitcoin
In 2013 Bitcoin was worth $200 per coin. It went up to a thousand in six weeks and then fell 82%. The price is 2000, I'm now up 10 fold. My macro bet has paid off sort of. And I don't mind because I've made 10 times my money. What I did was deviate from my thesis. We've got at least another decade in this,. at least probably two or three decades. But this part of it is going to continue to do very well. Sure, Bitcoin over times it gets more users, more adopted but there'll be plenty of others each time.
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