Raoul Pal: “Prepare for a Complete Global Financial Revolution by 2025” #Finance

so it’s not your money because you don’t actually own your money the moment you put it in the bank what you’ve become is in fact a deta to the bank or Credit sorry Creditor to the bank so you’ve lent them money and you get some legal

redress that if you’ve got less than 100,000 euros pounds whatever the currency is generally that’s protected by the government that if the bank goes bust then you get your money back but anything beyond that you don’t get anything 99% of people listen to this will not be able to

invest in it apart from buying some of those big public companies because they’re not acCredited investors they’re not allow they don’t get to see it and Insider all of this stuff as Society transitions into an increasingly Digital World the potential for

blockchain to redefine economies Assets and everyday interactions grows ever more apparent it challenges Legacy systems creates new paradigms of value and opens a door to Collective technological progress accessible secure and continually evolving the emergence of

href="https://cashnews.co/crypto" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Crypto as a transformative technology shifts paradigms offering a superior form of database and transactional Security in an interview co-founder and CEO of real Vision Raul pal takes a step

forward to emphasize the transformative power and potential of blockchain and Cryptocurrencies in reshaping traditional financial and digital systems he argues that

href="https://cashnews.co/crypto" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Crypto particularly through the decentralized technology of blockchain addresses long standing problems with trust verification and value in both Financial systems and digital

Assets pal points out that while traditional Banking and Assets like gold relied on centralized trust and were vulnerable to systemic risks blockchain creates a transparent decentralized system that eliminates the need for intermediaries and ensures secure

ownership pal further emphasizes how the blockchain democratizes access to these opportunities making investment in technological disruption more inclusive and accessible compared to traditional avenues like AI which often require Insider status or regulatory clearance to find out more of what rul

pal has to say watch clips from the interview don’t forget to like subscribe and enable notifications for more in-depth content thanks for joining us again enjoy the CashNews.co cryp is just a technology you know it’s a lot of things to many people it’s just a database

that’s better than databases in the past so right now your database might be in your spreadsheet and let’s say you and I have a bet you put it you write it down there and we get a third person to say yeah that was the bet they had and this is what’s happened okay that is how

databases that’s Banks that’s pretty much everything we do in society is in this Ledger system in the old world we both had our gold yeah and we’d stick it in our safe or bury it in the ground that gold was your gold this was my gold and I might try and fight you for it it’s

what Pirates did okay and then we invent Banks and Banks we put it in there and they give you a note to say Stephen you’ve got one of those coins R you got one of those coins Okay so we’ve both got a note now saying that yeah and now we trust this bank to give us our coins when we want

them because they’re our coins okay that makes sense safe as safe as a bank as people would say the issue is is in this world of smoke and mirrors what’s known as fra Reserve banking they have taken those coins and given them to somebody else they’ve given my coins to someone else

yeah they’ve lent it for money so now that coin is not in there but they’ve been given the money so usually when you’re just you know if everybody pulls all the money out there’s not enough money it’s called a bank run we’ve seen those recently but that’s a

classic thing so it’s not your money because you don’t actually own your money the moment you put it in the bank what you’ve become is in fact a deor to the bank or Credit sorry Creditors to the bank so you’ve lent them money and you get

some legal redress that if you’ve got less than 100,000 euros pounds whatever the currency is generally that’s protected by the government that if the bank goes bust then you get your money back but anything beyond that you don’t get anything because 2008 proved another thing is

that nobody owns anything so the whole system itself is leveraged so for example back in that time the average US Government Bond which is the safest thing in the world was leveraged up to 30 times is that’s known as the bantine General’s problem it’s actually a philosophical

mathematical problem that has been unsolvable until Bitcoin came along and what it is is we are Generals in a war you are way away from me we can’t communicate with each other but I need to send somebody to tell you something there is no way of making sure that that person tells you exactly

what I told them and no way of view of proving it and that’s what a three-party system does I may go to a notary but how do you know I haven’t bribed the notary to lie I see that all the time we see it with Accounting firms and audits we see this in everything

there’s always one of these trusted parties that is not trusted the bank classical trusted counterparty that suddenly may not be trusted we show up with Silicon Valley Bank recently in the US so what blockchain did really cleverly was said okay well the way of solving this is to get thousands

tens of thousands hundreds of thousands millions of people to confirm it so this blockchain so this let’s say is a Bitcoin this slot on the blockchain is confirmed by every other part of the blockchain which is all the computers that that solve this mathematical problem we don’t need to

worry about that but what it is is tens of thousands of people reporting on all of the activity so if I transfer this ownership to you yeah it will know that you are the owner you can either hold it yourself like the gold coin MH as a bearer asset or you can ask somebody to custody it for you but

still your name rul pal cites the 2008 financial crisis as evidence of systemic fragility he emphasizes that blockchain offers a decentralized solution to these issues by allowing thousands of independent verifiers to validate transactions thereby eliminating Reliance on intermediaries using

Bitcoin as an example pal explains that blockchain secures ownership transfers enabling users to hold or entrust Assets while maintaining proof of ownership pal further highlights blockchain’s transformative potential Beyond

style="font-weight: bold; color: #1a73e8; text-decoration: none;">Cryptocurrency with a focus on nfts as a method to create digital scarcity and preserve value initially applied to digital art nfts have since evolved to include practical uses such as storing concert tickets on chain pal

underscores bitcoin’s limited Supply and decentralized reward system demonstrating its role in a global investment infrastructure he contrasts this with restricted AI investment opportunities emphasizing blockchain’s accessibility and fractionalized participation in technological

advancements including ethereum’s Network expansion here are more clips from the interview now what we can start doing is using this very powerful chain and putting other stuff on it the first random thing that came on it was actually art because it’s valuable called nfts nonf fungible

tokens they’re single pieces of art that were stored there and we can have ownership but that’s really experimentation really your Taylor Swift concert tickets can be on chain why would you do that because now this is solved another big thing that didn’t exist we talked about

before in a digital world everything goes to zero in value so R what’s the point of this this is just like cloud cloud storage just goes to zero in cost no because what we’ve created is digital scarcity you can only create a certain amount we can make that one asset be that one asset

and so therefore it can’t be replicated at all so now in this digital world where every day is more digital than the next we’ve created scarcity and scarcity is what gives value it’s what humans assign value to and means that scarcity of knowledge means that knowledge was valuable

lawyers because not that many people come out of law school that then now with AI not valuable what we’ve got here is this very clever thing that everybody in this Block Chain gets rewarded for the role that they play in maintaining the blockchain in maintaining the blockchain and because

these things are scarce and let’s say Bitcoin being the most classic example there’s only 21 million that will ever exist you’ve created this scarce asset that is a reward system so the people who mine the Bitcoin they use the electricity to solve the algorithm to get the Bitcoins

to make sure there’s only 21 million well they get rewarded the people who verify the chain get rewarded and then we can buy the asset which is actually us investing in the future use cases of this thing are people going to use it for storing wealth or building stuff so now you get this

Global infrastructure layer of which people can invest now let’s go back to the example of ai ai 99% of people listening to this will not be able to invest in it apart from buying some of those big public companies because they’re not acCredited investors they’re

not allowed they don’t get to see it an Insider all of this stuff this is the inverse it is fractionalized so a Bitcoin you don’t have to buy one at 60 whatever thousand is today you can buy a fraction you buy an ethereum token today if a ethereum ends up becoming bigger and more uses

your token value goes up it’s as simple as that so you get to participate in an entire technological Revolution really simply from your mobile phone and you don’t need anybody to approve it or do anything yes there’s regulation stuff but simple stuff like that it’s pretty

straightforward for almost everybody in the world so therefore we talked about how do you invest in your disruption and the future of technology okay here’s one where you can really do it and it’s easy to do meanwhile Bitcoin has been trading above the breakout level of $ 73,74 for 2

days signaling a strong bullish presence as holders maintain their positions this breakout level marks a significant threshold with a target of $93,500 based on the prior trading range between $54,000 and $ 73,74 however the path to this target is likely to encounter resistance as Bears will

attempt to pull the price back into the established range if successful this bearish resistance could drive the Bitcoin usdt pair down to the 20-day exponential moving average at $ 7,290 a solid rebound at this level would indicate that bullish momentum is still intact with Buyers viewing the dip

as an opportunity on the other hand a break below the 20-day EMA would suggest Profit taking among Bulls possibly triggering a deeper drop to the 50-day simple moving average SMA at 66,0 2263 ethereum has also shown bullish strength recently breaking out above the symmetrical

triangle pattern and surpassing the $2,850 level this move signals a potential Trend shift attracting renewed buying interest like Bitcoin ether faces potential resistance as Bears may attempt to pull the price back within the triangle boundaries if the Bulls hold this level it could indicate

strong Demand on dips potentially pushing the ethereum usdt pair toward the downtrend line where sellers May again challenge further gains however if ether’s price slips back within the triangle it would signal a rejection of the breakout possibly leading to declines toward the moving

averages and the support line both Bitcoin and ethereum are at critical points with upcoming price movements depending on the strength of support at key levels and the int inity of bearish resistance how the market responds here will likely shape the short-term trends for these major

href="https://cashnews.co/crypto" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Cryptocurrencies as we come to a close what are your thoughts on how blockchain technology is redefining the concepts of value scarcity and decentralization do you believe the rise of digital

Assets nfts and decentralized financial systems can truly democratize access and reshape our global economy please share your thoughts in the comments below share this CashNews.co and hit your thumbs on the like button thanks for watching and don’t forget to subscribe