Here is the potential catalyst for mass consumer adoption of crypto, says macro guru Raoul Pal

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Real Vision CEO and macro guru Raoul Pal names a key enabler that can spark mass consumer adoption of digital assets.

In a new interview broadcast on Real Vision, the former Goldman Sachs executive said mass consumer adoption will happen when people stop thinking about buying crypto as an investment.

“You just think I want to be a part of this. I want to participate, and maybe I get the tokens for free, maybe I buy some of these tokens, maybe they cost me $ 10… let’s say the Lady Gaga community, Little Monsters, has was tokenized in its infancy. It would have gone from a small band to the biggest music group in the world for a while.

Imagine unlocking the wealth that benefits everyone… So if you now have 20 million rabid fans who have tokens in your network, why do you need a marketing budget again? “

Pal also says that “nothing has changed” despite the recent bearish price action in the crypto market. He is still bullish in the long term on cryptocurrencies.

“I too was surprised at how slow it was and how hectic it was at the end of the year.

I think it has to do with discretionary consumer spending, kind of the typo. That’s basically it, and I think a lot of institutional investors will be waiting until the next quarter.

We know it’s all coming. Also, tax sales and hedge funds are squaring their books for the end of the year.

I

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Featured Image: Shutterstock / Relight Motion / Vladimir Sazonov

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