In this episode, Raoul Pal and Dan Tapiero explain how global liquidity cycles could propel crypto to a staggering $100 trillion market. They break down the "Everything Code" concept, explaining how broader economic trends are setting the stage for crypto's explosive growth. Pal and Tapiero unpack China's economic challenges, debate AI's impact on employment, and share their strategies for portfolio allocations. From Bitcoin's potential million-dollar valuation to the emergence of new layer-1 blockchains, you don't want to miss this one!

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The 6th edition of Meridian, a web3 conference hosted by the Stellar Development Foundation is happening in London, England October 15-17, 2024.

Learn more and get your early-bird priced tickets now at meridian.stellar.org by using the code BLOCKWORKSPOD.

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Timestamps:

(00:00 ) Introduction

(02:16 ) Dan & Raoul Origin Story

(05:21 ) The Global Macro Liquidity Cycle

(15:14 ) Who Drives the Cycle?

(20:14 ) Do US Presidents Impact Cycles?

(23:46 ) Why We are Not in a Recession

(28:28 ) Best Portfolio Today

(34:39 ) Stellar Ad

(35:29 ) Invisible North Ad

(36:24 ) MyPrize

(37:00 ) Harpie Ad

(38:15 ) Trading Cycles

(48:21 ) Pitch for LPs

(01:01:04 ) 12-Month Predictions

(01:04:44 ) Election Impact

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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.