The "What is Money?" Show cover image

The Ultimate Macro Framework with Raoul Pal (WiM078)

The "What is Money?" Show

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The Rise of Cryptocurrency

Block chain has full recorded every transaction, so it's not hidden somewhere. When half the bloody swaps contracts were in bits of paper and drawers,. nobody had the technology onboard all this stuff into a system that could record it. So what i think you're going to see is a on going, gradual debasement and an ongoing, gradual migration mor ot. And the people wo see it last are the ones who get hurt the most. Or maybe it's just the rich who see it last, because they got the least to lose, because they can make the money, and they're buying equities, and they think all is fine. Look at the price of assets. They're

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