What Traditional Investors Think of Bitcoin with Raoul Pal - WBD317

What Bitcoin Did with Peter McCormack

Peter McCormack에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Peter McCormack 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

3y ago 1:05:51

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Location: Remotely Date: Thursday 4th February Company: Real Vision Role: Co-Founder & CEO

Unlike almost every other market, in bitcoin, retail had the chance to front-run Wall Street. Since before bitcoin even had a price, the libertarians and cryptographers believed in bitcoin's ability to become the world's most dominant financial system.

Bitcoin has been through many boom and bust cycles that were almost entirely retail-driven, yet the institutions have dominated the 2017 narrative.

MicroStrategy changed the landscape for bitcoin investment and ushered in a new wave of 'smart' money. While there was undoubtedly institutional investment before MicroStrategy, it was their purchase of 21,454 bitcoin in August of last year that opened the floodgates to corporate investment.

But how do these traditional, 'smart' money investors view bitcoin? And what do they think of bitcoiners?

In this interview, I talk to Raoul Pal, macroeconomist and co-founder & CEO of Real Vision. We discuss the differences between retail and institutional investors, what a $1 trillion market cap means, volatility and market cycles.

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