

Raoul Pal: The Journey Man
Real Vision Podcast Network
The world is changing faster than ever before. This comes with life-changing opportunities but also unprecedented challenges. In The Journeyman, I talk to the greatest minds at the nexus of macro, crypto, and technology to figure out exactly what the Exponential Age means for us all. I uncover the big trends, potential investment opportunities, and economic risks and rewards, and ask the big questions on how this impacts us, our businesses, and our societies. Brought to you by Real Vision.
Episodes
Mentioned books

May 13, 2022 • 36min
An Update From Raoul: Just What Is Going On in Crypto?
In this special episode, Raoul Pal joins Ash Bennington to provide an update from Raoul on just what he thinks amid the turmoil in cryptocurrency markets. Raoul and Ash touch on everything, including recent price action, the TerraUSD de-peg, and Luna’s crash. Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 12, 2022 • 12min
How To Build a Crypto Capital Market
Crypto capital markets platform Maple Finance seeks to serve growing and innovative companies that are in need of capital but can’t get it from traditional lenders. It offers undercollateralized lending infrastructure for institutional lenders and corporate borrowers. Co-founder and CEO Sidney Powell joins Ben Whitby, who oversees regulatory affairs at Qredo, to explain how to use blockchain to aggregate capital and to program the distribution and use of money. It’s basically an alternative to traditional technology like the Society for Worldwide Interbank Financial Telecommunications (SWIFT) system. Maple’s platform is one of only a few DeFi lending protocols that conforms with required Know Your Customer/Anti-Money Laundering (KYC/AML) standards, a key feature that may attract more institutional attention. Recorded on April 20, 2022. Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 11, 2022 • 11min
Is This Bitcoin Bulls' Last Stand?
Where’s the support for Bitcoin, and what happens if that level fails to hold? Crypto analyst and trader Rekt Capital returns to offer his technical take on the steep retracement for the world’s No. 1 cryptocurrency. Rekt is paying attention to what he calls the “macro range low” because it's "the bulls' last stand." If it’s lost, we’ll likely see a macro distribution phase, where sellers dominate the market. This scenario suggests months of downside before a final capitulation event precedes the next accumulation phase. How low might Bitcoin go in this circumstance? And what's Rekt's strategy? He answers those questions and talks about a lot more with Real Vision’s Ash Bennington. Recorded on May 9, 2022. Follow Rekt Capital on Twitter: https://twitter.com/rektcapital. Join the Rekt Capital Newsletter: https://rektcapital.substack.com. Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 10, 2022 • 12min
This Is How DeFi Will Attract Institutions
The people working in DeFi are reimagining the delivery of a key set of human services on-chain. One of them, Ryan Hanley, is Head of Product – DeFi at Elwood Technologies. Ryan joins Qredo's Ben Whitby to talk about why more institutions are allocating capital to this new way of doing business and how Elwood is designing its trading infrastructure to meet rising demand for digital assets. Ryan and Ben also discuss recent developments around custody and “know your customer” compliance, and they explore the privacy risks of storing user data. Although novel because of the newness of the technology, these are all relatively routine steps when it comes to the legal aspects of creating a new industry. Though there’s still more work to be done to make widespread institutional adoption a reality, Hanley is hopeful. As he notes, DeFi will thrive as regulation proceeds and institutions grow more comfortable with crypto’s underlying concepts. Recorded on March 29, 2022. Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 9, 2022 • 13min
GameFi Is a Whole New World for Vcs
The gaming industry is huge. What happens when a new technology disrupts its entire architecture? Do top developers understand how to build on-chain? Are the people creating the token economy focused on user experience? San Francisco-based Framework Ventures has recently raised another $400 million to move the GameFi industry forward along new lines defined by blockchain, cryptocurrencies, and NFTs. Real Vision’s Ash Bennington catches up with co-founders Michael Anderson and Vance Spencer, who say the industry is evolving quickly. Indeed, Web3 could be “extinction-level for a lot of folks in venture today.” Recorded on May 3, 2022. Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 7, 2022 • 12min
Hugh Hendry & Rally CEO Kevin Chou Discuss the Token Revolution
Real Vision senior editor Ash Bennington welcomes Kevin Chou, founder & CEO of Rally, and Hugh Hendry, founder of Eclectica Asset Management, to discuss how Rally is using tokenization to create an ecosystem for content creators. From live music to gaming, Rally is building a community of various content creators who are chosen and vetted by Rally token holders democratically. Chou, Hendry, and Bennington dive into the intricacies of the Rally network and how Chou's background in gaming shaped its creation. Filmed on June 22, 2021. Learn more about your ad choices. Visit podcastchoices.com/adchoices
May 7, 2022 • 30min
Building Blocks with Ash Bennington - Cami Russo on Cryptocurrencies and a Movie Deal
Financial journalist Cami Russo, breaks down what initially drew her to cover the ever-growing crypto market. Russo joins Ash to discuss how all of this led her to create The Defiant, and touches on the future of cryptocurrencies. Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 6, 2022 • 11min
Ether-Backed DeFi Platform Offers Interesting Incentives
A reformed lawyer, Liquity founder Robert Lauko met Vitalik Buterin in 2015 in Switzerland. After that fateful encounter, Lauko decided to dedicate his professional time to developing crypto projects. His first venture is a decentralized borrowing protocol with DNA similar to MakerDAO’s but with the Ethereum blockchain as its base layer. Among its intriguing set of incentives, Liquity offers borrowers the opportunity to pay an up-front fee rather than an interest rate over time. Its ability to operate with lower collateralization requirements compared to other protocols is ensured by an efficient liquidation mechanism. This mechanism is based on a stability pool underpinned by its proprietary stablecoin, LUSD. Lauko breaks down LUSD’s functionality, focusing on its different incentives for borrowers and lenders, and explains why Ether backing and redeemability make it special. Recorded on April 11, 2022. Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 5, 2022 • 44min
What Does High Inflation Mean for Crypto?
What does inflation being at a 40-year high mean for crypto? After the gas war, is Bored Ape Yacht Club’s Otherside metaverse really going to move chains? And what does Elon’s latest Twitter troll mean for the BAYC and NFTs in general? The Defiant’s Robin Schmidt joins Real Vision’s Ash Bennington to break down all that and more. Robin and Ash also touch on Solana, Bitcoin, and whether we’re in crypto’s version of the dot-com bust. Recorded on May 4, 2022. Learn more about your ad choices. Visit podcastchoices.com/adchoices

May 4, 2022 • 12min
How One Crypto Quant Fund Finds Alpha
Chris Sullivan and Rishi Narang of digital asset manager Hyperion Decimus join Real Vision's Ash Bennington for a wide-ranging conversation about quant trading in the crypto space, with an emphasis on how their respective backgrounds have influenced their approach to markets. Narang says there are no new strategies in alpha land, noting, "I've looked under the hoods of 3,000 to 5,000 quant funds… there's nothing new under the sun." However, there are new ways to determine valuations for cryptos, such as on-chain data. And machine learning is getting better and better at using that data to create predictive models. Sullivan and Narang also talk about market inefficiencies, inflation's effects on crypto, and the emergence of "dark pools," which enable chosen institutions to post orders only the bank can see to avoid other firms front-running their trades. Recorded on April 25, 2022. Learn more about your ad choices. Visit podcastchoices.com/adchoices


