Why Raoul Pal Got into Crypto

The other side of the equation is I went Around the world trying to start the World's safest bank with a bunch of Famous hedge fund guys and family Officers to try and get a bank that Didn't use leverage but we eventually Got told by the US authorities that they Didn't want that because it would take All of the deposits from the banking System cuz everybody else was levered And this would be totally secure which Was quite a shock but at the same time An old friend of mine called Amil Woods Who was a global macro bestor subscriber Another ex Goldman guy he tapped me on The shoulder and said have you looked at Bitcoin so this is 2012 I saw it and Realized immediately that Not only was Bitcoin an answer to the system of money And new digital gold but I also realized The blockchain rails were going to be The rails for the new Financial system When it gets built that it had to be Built because it was totally broken and So I wrote the first macroeconomic Strategy paper on Bitcoin in 2013 nobody Had ever written one before I started Investing in 2013


Coinbase is a popular cryptocurrency exchange. It makes it easy to buy, sell, and exchange cryptocurrencies like Bitcoin. Coinbase also has a brokerage service that makes it easy to buy Bitcoin as easily as buying stocks through an online broker. However, Coinbase can be expensive due to the fees it charges and its poor customer service.

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