Macro Guru Raoul Pal Predicts Total Value Of Crypto Markets To Increase 100 Times Amid Lightning Speed ​​Adoption

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Macro guru and CEO of Real Vision, Raoul Pal, said crypto markets could be on the verge of exponential growth as the space experiences lightning-fast adoption.

In an interview with RT Network’s Going Underground, Pal says crypto adoption is happening at a faster rate than any previous technology.

“Crypto currently has 150 million users. The adoption rate is 113% per year. It’s basically twice as fast as the fastest adoption of any technology in recorded history, so it’s happening at a lightning pace. Everyone enters the space: institutions, sovereign wealth funds, retail investors in ETFs (exchange-traded funds), nation-states, everyone.

Commenting on regulatory concerns, the former Goldman Sachs executive said the size and decentralized nature of the space would ultimately make full control of regulators nearly impossible.

“This something is unique. It is a distributed network of owners around the world of 150 million people who will soon be a billion people, so their ability to control it is almost nil. It is a fascinating space. It’s really anti-establishment at the grassroots and creates a new world based on some sort of distributed ownership and proven ownership of assets that people can’t play with.

Based on the size of other traditional financial markets, Pal predicts that the crypto markets will reach a total value of $ 200 trillion over the next decade. At the time of writing, the total crypto market capitalization as calculated by TradingView is $ 2.79 trillion.

“Right now it’s a $ 2.5 trillion asset class. Most of the major asset classes in the world, stocks, bonds, real estate, are between 150,000 and 350,000 billion dollars. Humanity has never seen this before, so this is an opportunity for everyone because anyone can own 10% of their assets in this – everyone – the richest and the poorest. “

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