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yeah but you've got to tame that Beast
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the fomo Beast is the most dangerous
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Beast of all cuz that's when you do all
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the stupid cuz your friends making
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money you become desperate to make the
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100x and then you start listening to
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your friends trade recommendations and
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you get into them so fomo is really one
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of the beasts you need to Tain trust me
00:00:18
I've been through I've been in this
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industry since 2013 every time prices go
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down they BL single you out and blame
00:00:25
you as if you have done it so them in
00:00:27
this interview with Mario naal and r we
00:00:30
explore R's bold prediction of the
00:00:32
crypto Market reaching a $100 trillion
00:00:35
valuation by 2030 the transformative
00:00:37
impact of AI and AGI on the global
00:00:40
economy and the future of work and the
00:00:42
rise of meme coins and social tokens as
00:00:45
new asset classes in the crypto
00:00:47
ecosystem Bitcoin is trading at $96,000
00:00:50
with recent Market changes showing
00:00:52
increased volatility don't forget to
00:00:54
like subscribe and hit the notification
00:00:56
Bell to stay updated with the latest in
00:00:58
crypto and blockchain techn ology it's
00:01:00
like everybody's hopes and dreams are in
00:01:02
that
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banana if everyone's latched on to this
00:01:05
is okay this is the time to make all the
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money and then said the hopes and dreams
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r in it when the reverse happens you've
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shattered their
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Illusions it's scary you have to take it
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really really seriously coin is all
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about attention sana's got utility
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they're build you're building stuff on
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top of it yeah a Minon is attenion and
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we saw this with nft communities when
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people walk away the attention dispair
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everyone's like well what into my
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utility I was supposed to be doing this
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and you were going to be building
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clubhouses and and then they found out
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it was
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no this is a
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technology that is the new lay to the
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Internet it's not just about tokens
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what's unique about this technology is
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as token incentivization built in which
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is why these networks bootstrap so fast
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it's currently $3 trillion as an
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industry if I extrapolate out the rate
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of growth the trend rate of adoption is
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twice the speed of the
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internet as the internet slowed down in
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adoption rates because it gets more
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saturated if we extrapolate the same we
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get to about 4 billion users by 23st so
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I think the asset class goes to hundred
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billion and we're only 3% of the way
00:02:17
that so this is the largest fastest
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accumulation of wealth in all human
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history that lies ahead of us it's the
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big rebalance how everybody can get
00:02:27
involved whichever country you're in
00:02:29
however much you are right so it's the
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big one the biggest macro trade of all
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time that's primarily my interest in the
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trade the whole Space is driven by
00:02:38
Network adoption more people join the
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network the more applications that get
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built the more valuable these networks
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become beyond
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that it's then broken down to different
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companies or projects selling block
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space that's all they do which is a data
00:02:55
storage or and essentially that block or
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distributed Ledger
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and there's there's they've all got a
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different sales approach Bitcoin has
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we're the most trusted we're secure
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ethereum is like we're the board big one
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salana is like we're the fast retail so
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everyone is selling blog space but again
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we're all incentivized to get passionate
00:03:16
Behind these things because of the
00:03:18
tokens this whole thing is being driven
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by a big macro Trend the big macro trend
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is the basement of currents so as
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liquidity gets pushed into the markets
00:03:27
every four years when the government's
00:03:28
going to roll their debt this is driven
00:03:30
by everything I call the everything code
00:03:32
and work that I did showing that every
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four years governments need to refinance
00:03:35
their debts and what they do is inject
00:03:38
massive liquidity to be able to do it
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and try and get interest rates lower so
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as we do
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that it creates a perfect four-year
00:03:47
cycle and it's not going to go away
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until we get rid of the debt equations
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and everything else so where are we in
00:03:52
the four-year cycle I break them down by
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Seasons each year being a different
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season okay winter being when
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liquidity's being taken away 2022 2023
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spring okay Market stop going down
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people don't quite believe it yet but
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you see green shs coming but it still
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feels a bit wintry and cold and
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miserable then summer which is what
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we're finishing now macro summer is the
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year three same year as the election
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cycl and then we go into macro fall or
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Autumn uh crypto as discussed by Raul
00:04:21
pal let's explore the potential for the
00:04:23
crypto Market to reach a $100 trillion
00:04:25
valuation by 2030 how Ai and AGI could
00:04:29
transform economies and redefine human
00:04:31
work and the significance of meme coins
00:04:34
and social tokens in creating new forms
00:04:36
of community and value now let's hear
00:04:38
more from R pal the beginning of the
00:04:41
year we go into the next the fall or the
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Autumn cycle that's usually the most
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explo usually the most explosive so
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summer starts to rip and then we hit
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what I've called the banana Zone which
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is when everything depends on global
00:04:53
liquidity normally it lasts until about
00:04:56
November um because of this cycle it
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last until November and we have
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different structures of these Cycles we
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had the last one which it usually has a
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peer and tax season so March people have
00:05:09
to sell some tokens to pay taxes it
00:05:11
falls for a bit and then it rips at the
00:05:13
end of the year last time it fell 50%
00:05:16
over that period in 2021 and then it
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ripped but it didn't really extend and
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everyone kind of got caught out by
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double
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top 2017 and 13 well they were different
00:05:29
they had the same cycle structure it
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went to the summer 2017 Bitcoin
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10x from there in four months it's the
00:05:39
same and that's the blowoff cycle so we
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don't know what we're going to get a
00:05:42
stunted cycle or blowoff cycle but
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thinking about the political change and
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what's been going on the probability has
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to be towards a blowout cycle so that
00:05:51
would be much higher price than everyone
00:05:53
expect most people have PTSD from the
00:05:54
last cycle um and they don't want to
00:05:57
overextend themselves and they're
00:05:58
worried that they're going to be caught
00:05:59
holding the bag which usually means
00:06:01
they'll sell early because the markets
00:06:03
give as much pain to the most number of
00:06:04
people as possible why in 2021
00:06:06
everyone's expecting one of the reasons
00:06:08
you're not seeing those High super high
00:06:10
valuations yet is because liquidity has
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not been massive right the more
00:06:15
liquidity people earn more money funds
00:06:18
make more money businesses make more
00:06:20
money more money gets recycled up the
00:06:21
risk curb and people start taking bigger
00:06:23
risks so I think it's still to come but
00:06:26
the VC markets had no exits outside of
00:06:28
tokens there's been no equity exits in
00:06:31
any project we need Circle to go public
00:06:34
or get bought we need some of the you
00:06:36
know cracker and we need some of these
00:06:38
bigger things to recycle the VC money to
00:06:40
then rature the whole Space up again and
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then as you say if we've captured a
00:06:46
certain amount of liquidity yes it's
00:06:47
increasing but then you've sucked a
00:06:50
whole bunch into the casino of mean
00:06:52
coins it take some of that away because
00:06:55
people this entire industry trades on
00:06:58
attention and there's only so many of us
00:07:00
in the industry so let's say there's a
00:07:02
million active people in the
00:07:04
industry well that's a million people's
00:07:07
attention and you've got 10,000 tokens
00:07:10
launching a day how much attention can
00:07:12
we give to anything so it really is this
00:07:15
game of attention and memes have got it
00:07:16
now because everyone believes that they
00:07:18
can make the next 100x and so utility
00:07:22
stuff layer twos nobody
00:07:25
cares it will come back because we'll
00:07:27
have different investors coming to the
00:07:28
space and looking for for real value
00:07:30
it's just I think a nature of where we
00:07:32
are I think the next stage is a lot of
00:07:34
the application stuff uh the real world
00:07:39
assets the deepin gting utility gaming
00:07:42
it's all to come yes I do because
00:07:45
they're social identifiers it shows you
00:07:47
early to the space you've been around
00:07:49
you understand the space it's a it's an
00:07:50
identifier right um
00:07:54
and but that pfp business it'll come
00:07:56
back in various forms nfts as a
00:07:58
technology can use for everything
00:08:00
ticketing any contractual term OTC
00:08:03
derivatives you name it um so they're
00:08:05
going to get used a lot the and I think
00:08:08
Punk 6529 it talks about this is this
00:08:10
may be larger than the underlying tokens
00:08:12
themselves yes because everything we do
00:08:15
as humans has contracts and this is you
00:08:17
know nft is a is a contract essentially
00:08:20
a smart contract so there's that but
00:08:23
then what's really happening the big
00:08:24
move in
00:08:26
nfts is highend
00:08:28
Arts so
00:08:30
copy and be and feden they've been
00:08:32
getting liquidity again yes oh wow
00:08:35
because as people make money the Richer
00:08:37
people get what do they do they buy ours
00:08:40
so a longterm store of value so if you
00:08:43
ask any you know go and look at any rich
00:08:45
person in manhatt go and find a big
00:08:48
hedge fund manager say where did you
00:08:51
invest once you made your money they'll
00:08:52
tell you two things property and art
00:08:54
yeah it's always the same okay so we're
00:08:57
seeing that market coming alive there
00:08:59
super sket is they're all being taken on
00:09:01
40 something um x copy who's like the
00:09:05
most legendary OG culturally relevant in
00:09:07
the space I own every single be Edition
00:09:10
that's I had an idea I own yeah I own a
00:09:13
lot a lot and I've been buying all this
00:09:15
year that's that's my big trade is I've
00:09:18
been top slicing salana profits that
00:09:21
I've made and lock it into art as a 10
00:09:24
15 year storage of wealth to watch the
00:09:27
full interview check the link in the
00:09:29
description rul pal provides invaluable
00:09:31
insights into the future of crypto ai's
00:09:34
impact on society and the evolving
00:09:36
landscape of digital assets we would
00:09:38
love to hear your thoughts on some
00:09:40
questions do you believe the crypto
00:09:42
Market will reach $100 trillion by 2030
00:09:45
how do you think AI will reshape our
00:09:47
economies and job markets thank you for
00:09:49
watching if you enjoyed this video
00:09:51
please subscribe to our Channel like
00:09:53
this video and share it with your
00:09:55
friends to keep up with the latest
00:09:56
trends in crypto and blockchain
00:09:58
[Applause]
00:10:06
[Applause]
