
Raoul and SBF Discuss the Current Macro Environment and the Future of Crypto
Raoul Pal: Real Vision
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The Staked Eath Versus Eak
I claim that this does not look like an efficient market graft. What it looks like is a graft where for a year, everyone assumes stake eath was exactly one eth. And then all of a sudden, on the same day, everyone realizes that they might not be zero. The amount of impact that that i think was had in stake eath, i eve use, a lot bigger than people thought it would be enof. You just look t like a graft of staked eath versus eath over time. It works. But don't forget that's exactly what blew up long tum capital - swap spreads.
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