The End of Monetary and Fiscal Policy
In Next 2 Years World Monetary System Will Change Drastically | Global Financial Reset
The Bitcoin Life Raft: The End of Monetary & Fiscal Policy As We Know It (w/ Raoul Pal)
•Oct 19, 2020
Thank you for this Raoul!
Cool insight, I appreciate an opportunity to get such knowledge on how to make money, I look forward to trading bitcoin and making it an alternative source of income.
Raoul, I keep hearing the same thing again and again “you can’t ban Bitcoin”. Yes, in theory, BUT (and this is the BUT no one has addressed) YOU CAN MAKE IT ILLEGAL TO BOTH STORE AND USE. A $10,000 fine if a BTC wallet is found on your phone, and, don’t tell me that can’t happen with how much data they already mine on our phones. Tell me convincingly how this can be circumvented, keeping in mind the most basic employment of quantum computing can completely trash any 256 bit encryption, and I’ll put 50% of my assets into btc. It’s a sincere question that needs addressing. I have heard no argument that properly addresses it. At this time, I see BTC as the “useful idiot” for a single global digital currency, it might do well for a while, but, like Gold, it is one law away from going to $0. Appreciate a sincere response. NB: I do hold both BTC and Gold, I’m not anti either, but I currently don’t see how a claim such as “you can’t ban Bitcoin” can stand. Cheers, Edi.
I like the fact that this channel puts the aired date on the vlog so one knows when the information was originally issued.
Bitcoin trading right now will be at every wise individual’s list,in 3years you’ll be ecstatic with the decision you made today.
Bitcoin is the only “crypto” that matters. Period. End of story.
Your forgetting the war bud! Your forgetting about the tens of thousands of people that are about to DIE. gold 9 trillion market cap. crypto 244 billion market cap. us military spending 3.8 trillion fiscal year 2020. I don’t think America makes it. Let alone a financial system that runs on debt. You know who is going to profit the most? survivors!
For those who missed, there’s a dog in the video.
“Because he’s the hero Gotham deserves, but not the one it needs right now, so we’ll hunt him. Because he can take it, because he’s not a hero. He’s a silent guardian, a watchful protector, a Dark Knight” -Raoul Pal on Bitcoin 23:36
The Soviets have already tried a planned economy. Controlling everything from the price of thumb tacks, the distribution of Roubles, to the supply of cardboard boxes. With some of the smartest people in the world. (Boris Yeltsin was the cheif economist before becoming President). It’s never worked.
I invested in both stock and crypto but I believe crypto is doing well better 💯
My fear is not for loss of money or property…that is already a done deal, and the theft will be completed soon enough through inflation, confiscation, and taxation; my real fear is that the associated controls established will provide boundless power to central governments who will soon enough begin their decent into the kind of despotism we are beginning to see unfold in China. Since when do despots leave anything more than scraps for their slaves?
As a subscriber to RV I’m happy and proud that such an important video is available to everyone. Thanks for your and team RV’s work, Raoul!
Bitcoin will be the new “cash” to tip the gardener!
Behavioural economics is essentially Centralized Planning of the economy. Forget free markets. Welcome to Marxism 2.0
I love the 🐕 sleeping….he’s thinking “I wish he’d stop going on about Bitcoin, and take me walkies”
The new CBCoin will evolve into an ‘allocation’ system when it gets a social credit score bolted on.
This video was sponsored by Dogecoin
Dealing with the central banks directly may cut out the middle men but it’s handing too much power to the central banks
More govt is never the answer
@15:35 “..this is the rise of behavioural economics and incentive systems…” Hmmm, I’d rather say that this is the reincarnation of communism… 🤮 Gold and BTC won’t help. Only ONE thing helps, probably the very reason why you’re in Little Cayman: RUN!
so he bought while cheap and wants an increase in value.
I can’t see these buffoons coming up with absolutely anything of note. Usa will hold them on swift, until complet implosion.
How do we protect ourselves from governments disallowing exchanging fiat (or digital derivative of fiat) for bitcoin or gold. Similar to the gold confiscation in 1934. I like bitcoin but am worried about it being banned after the CB’s go to their digital currency.
Thanks for the free distribution!
“It will generate alpha” what does that mean?
Oh and ps, Raoul is an incredible success and a highly admirable man with a phenomenal business and RealVision has nothing at all to do with me. My comments EXCLUSIVELY my own.
Actually Paypal is a payment system for bitcoin now… a centralised lightning… We have to make do with that for now
Central Bank digital currencies won’t solve the problem, because if a government gets in trouble they will just issue more digital currency, only if everyone uses the same digital currency like bitcoin , that can’t issue more coins will some of these problems go away
I like the dog in the background. It looks interested in CBDC and banks.
Probably one of my favorite videos you’ve ever made Raoul. You’re the man!
69 people who disliked this must be bankers😂😂😂
The banking and finance cartel is starting to become aware that their sector has bloated to Mr Creosote proportions (by discounting the vig into negative territory and making it up on volume), and so want to hide their gluttonous sins behind the fiscal balance sheet of the state. This will just bloat the size of sovereign budgets (handouts and subsidies) at the expense of what remains of the unencumbered private economy. It cannot end well after this point.
Crypto represents probably “the” best asymmetric payoff opportunity out there.
It is my belief that the “controllers of this planet ” will squash any and all crypto in favor of their own. The possibilities for them to do so are endless.
Great. Thank you, Raoul- Bitcoin is a lifesaver. It represents the only opportunity I have in this life to realize a more secure and joyful future.
A complete loss of our freedom – too much of a Devil’s bargain; no thank you.
another brilliant talk, Raoul Pal has an extraordinary rare gift to communicate and connecting with his listeners. He comes across as a very genuine man. Thanks
” that’s one small step for man, one giant leap for mankind.” 😜🤫😂
Economists: “TedTalks, Bigdata behavior incentives, philosophical debates” Politicians: “Money printer goes Brrrrr” They will never listen, we are bound to repeat the same errors from the past over and over..
Sounds like a f…ing nightmare to me!
Bitcoin is a public coin…Every one can see your transitions. Now Privacy coins like Monero, Dash, Zcash, Zcoin, Grim, Bytecoin, Super Zero, Horizen, Zen, Komodo, Verge, etc. are like cash and can’t be tracked. This is exactly what many people in Crypto use for privacy. Also is what the Dark Web uses for privacy, so you know it works.