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One of the biggest arguments for crypto is the amount of capital that has been poured into the space.
Since 2020, there’s two types of capital that’s flooded into crypto & blockchain. The first is venture capital, with billions of dollars invested into new & existing projects.
The second is intellectual capital, the best and brightest young people are working on the blockchain.
For example, Kevin O’leary does lectures at MIT, Notre Dame and Harvard, some of the best educational institutions in the world. Where does he see all the best and brightest students going? Into the crypto space.
You simply cannot pour that amount of talent and money into the space and not expect massive things to happen.
That’s one of the arguments put forward by Raoul Pal, in hist latest outlook on the crypto space.
He believes that all this building has been going on underneath the surface, and as soon as liquidity comes back into the space, everything will explode.
Make sure to stick around to the end of the video where Roaul breaks down where he thinks we are in the macro cycle.
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“The Crypto Market Is About To EXPLODE, Here’s Why” Raoul Pal 2024 Bitcoin Prediction