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Real Vision: Finance & Investing

Raoul Pal on The Exponential Age and the Everything Code: AI, Crypto, QE and Beyond

May 7, 2023
01:46:45

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Podcast summary created with Snipd AI

Quick takeaways

  • Trust in institutions is declining, leading individuals to turn to cryptocurrencies for independence and alternative value systems.
  • AI, blockchain, and trust are converging to establish trusted truth in a decentralized digital world reshaping reality online.

Deep dives

The Role of Bitcoin and Crypto in Providing Agency and Trust

Bitcoin and crypto have emerged as solutions for individuals seeking agency and trust in a world where traditional institutions and systems are losing credibility. The lack of trust in institutions and crumbling confidence in existing systems have driven individuals to turn to cryptocurrencies like Bitcoin as a source of independence and alternative value systems. Sovereign wealth funds are also showing interest in crypto, attracted by its potential to offer a parallel financial system and a measure of independence.

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