Bankless Your Guide to the Bull Run | Raoul Pal
30 snips
Apr 15, 2024 
Raoul Pal, Co-founder and CEO of Real Vision, dives deep into the current and upcoming bull markets in crypto. He discusses the implications of the SEC lawsuit against Uniswap and shares insights on navigating financial regulations in the DeFi space. Pal also highlights investment strategies for younger generations in the face of rising asset prices. Additionally, he examines the intertwining of AI advancements with finance, offering a glimpse into how these changes could reshape investment landscapes. Don’t miss his thoughts on portfolio management and potential future opportunities!
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Crypto Market Cycles
- Crypto bull markets follow a four-season cycle driven by liquidity and debt refinancing, not just the halving.
- Expect a 'Crypto Summer' with altcoin season after the halving, followed by a tricky 'Crypto Fall'.
Billionaire anxieties
- Raoul Pal recounts a conversation with a hedge fund manager about billionaire investors' anxieties.
- Billionaires fear losing relevance due to crypto's wealth creation and commercial real estate decline.
Debasement Drives Speculation
- Debasement drives speculation by increasing asset prices faster than wages.
- This mismatch fuels speculative behavior as people seek higher returns to achieve financial goals.