717: BITCOIN AND CRYPTO WILL SURGE 100X, SAYS MACRO GURU, SPARKING LARGEST GENERATIONAL WEALTH IN HISTORY
Real Vision CEO and macro guru Raoul Pal thinks Bitcoin (BTC) and the overall Crypto market cap still has a gigantic amount of room to grow.
Pal notes that most major asset classes, including equities, bonds, and real estate, sit within the $150-300 trillion range.
The former Goldman Sachs executive thinks the crypto market cap will surge by 100x to match those other sectors.
“I think a roughly fair value to fit in with the other asset classes is $200 trillion. So it’s 100x. We’ve never had an asset do 100x of that kind of magnitude in all recorded history.
We’ve never seen it before, none of us have lived through this. So this is, I think, going to be the largest generation of wealth that the world has seen in the shortest period of time.”
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