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#680 Investing in the Crypto Market w/ Raoul Pal

The Pomp Podcast

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Is Everything a Security?

Security doesn't make it a legal or a terrible thing. We should give them warnings, some education about what they're doing. People need to be allowed to go to vagas. They're allowed to throw all their pay in and no regulations. But heaven forbid if you buy something that's listed as a security,. It's just morally wrong. And it doesn't stand up. So i think this is the battle that's going to get fought. I think the industry will coalesce along with er voters. We're going to coalesce around ye. If you turn it into the securities industry that we grew up with, we're not going to accept it.

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