You shouldn't be too cute with the asset, you basically should just by and hold it and buy it when it sells off significant amounts. The risk reward skew is so ridiculously skewed to the upside. I've been a big fan of social tokens, or community base currencies, which end up allowing you to have didicial sovereign states. So i think there's a universal basic equity, into universal basic income, that's coming out of this space that really as profound as something to think about. If you are a 12 year old kid, now the probability of you earning your living by being a participant in the networks,. sport stars, sports teams, music, fashion, gaming, and earning equity
Raoul Pal is the CEO of Real Vision, a cutting edge financial media company and also runs his own macro research business, Global Macro Investor. In this episode we discuss: - Raoul's 3 scenarios for how the war between Russia & Ukraine plays out - The outlook for different asset classes including stock & bonds, commodities & crypto - Why the tokenisation of culture through communities like Bored Ape Yacht Club are so significant We also talk about the practical implications of potential social unrest and how people should be thinking about their life choices in that context as well as Raoul's philosophy of living in the future.