"This INSANE OPPORTUNITY Will Change Your Life in 6 Months or Less!" - Raoul Pal Bitcoin Interview

Added: 2026-05-25

[00:00:00]$97 trillion of wealth. That's bananas, right? This is this universal basic equity idea from the other side. That wealth will flow upstream. So even if I'm wrong, by 50%. There's still 47 trillion of wealth. That's more than all of the tech companies, >> all of the real estate developers, all of the kind of billionaires added together. And what will happen? it always flows into art because art is a long-term storage, but it also has that cultural relevancy to humans over time.

[00:00:31]So, that's why I think it's a much bigger thing than people understand. Um, and it's going to be people don't yet understand it because we went through the boom bus cycle, but at the end of it, they'll say, "This was so obvious.

[00:00:44]>> It's so obvious."

[00:00:52]Hey guys, welcome to Everyday Finance.

[00:00:54]As technology, AI, and digital finance come together, the financial system is going through a huge real-time transformation. Two big political events in the past few weeks have brought this change to light. South Carolina's governor signed a law that lets businesses use cryptocurrencies, but not central bank digital currencies. And President Trump signed an order speeding up the integration of digital assets into traditional financial services.

[00:01:18]With this change, decentralized money goes from being a small-scale experiment to being an important part of both the federal and state banking systems. For macro investor Rahul Pal, this is not just another crypto cycle. He says it is the start of an exponential age in which blockchain, AI, autonomous agents, and tokenized economies will completely change how wealth is created. In the end, Wall Street's arrival is likely to make this space stronger instead of weaker. This will lead to a new economic system powered by AI agents and tokenization where everyone in the world can finally fight on an even playing field.

[00:01:53]>> So I use it for almost everything I do now. Um really it's my thought partner and my mentor.

[00:02:00]>> It does tools as well but it's not I don't treat it as a tool so much as a thought partner and men mentor. I've put my entire database of 21 years of global macro investor into a into a database one on this universal code idea that I've been building out which I've now got 220,000 words written with AI on. Um I use those I'm building a a whole RA operating system for all the other parts of all of the stuff that I've got because I've got so much content personal public everything else putting it together to navigate all of that. But now I've got it down to it becomes a thought partner. I start thinking about an idea, fleshing it out with the AI, and I can press kind of go and I can write a 5,000word essay in one shot. I mean, it's extraordinary what you can do with the outputs. And like everybody else, I'm building my own dashboards. I don't code and all of that. I all these dashboards are ridiculous. We're going to have excessive dashboards that everyone's building, right?

[00:02:52]>> But yeah, so it's every part of and I use uh Claude and I use ChatgPT and I use Grock.

[00:03:00]>> Um, and I'll switch between them for different things as well.

[00:03:04]Look, it is going to be a threat to some labor. The labor market shifts how we participate. But we got to be honest with ourselves is humans are not going to be the best at certain things and that's okay.

[00:03:18]You know, that's why we used horses and that's why we have we're not as good as other things at other things. What we have is a huge advantage in this planet is we're the only things that can be human, right? And the the currency of humans is attention with love at the top of the stack, but attention is our currency.

[00:03:38]It's how humans work. And we will pay each other for attention. I always use the great example of chess.

[00:03:46]In the last 35 years, no human has ever beaten a computer at chess. Yet the computer the chess industry is the largest it's ever been. Why? Because we love messy humans playing messy humans and figuring out the sports industry like this. Look at the cost of sports clubs. Just keeps going vertical. The size of music tours. It's all the same thing. Human experience is really valuable to us. And if we don't have to do spreadsheets, but we can do human experience, community based stuff, whatever it may be, it'll grow. I address that in two different ways.

[00:04:17]Firstly is you just have to tell everybody to use it. Like with my mother, she's like, "Well, I don't know how to use it." And she was complaining that there was a tree dying in her garden or was wasn't well. I said take a photograph and send it to chat GPT and ask >> and it responded and she did it and suddenly the tree recovers. She's like oh wow and you just show the other way I get people throw is just say talk to it.

[00:04:40]>> You don't even need to type ask it a question about something you've got an issue with friends who've got kids that's the big fear what do my kids do?

[00:04:49]So, I've had friends, kids just come out of university. I'm like, you have a amazing opportunity to be at the forefront of adopting this. Just live and breathe this stuff in whatever you're doing. And those kids hyper accelerate versus people who don't. And I think that's the rule. I think now with younger kids at school, when you say when parents say, "What do I tell them?" Firstly, AI will just be ubiquitous anyway. So, that's fine. For them, the biggest skill set is learn to be human.

[00:05:19]human communication. You know, you don't go to university to learn anymore. You go to university to do this, meet each other, see each other, and to be humans.

[00:05:28]Also, you know, stuff like my Twitter feed is just me. I don't use I don't use AI to do any of that. It's only for structural thing. But what you find is is even your intellectual capacity increases dramatically. It's not your output. It's your intellectual output because you learn faster about things you didn't know about. if you're working with AI as a thought partner because it will say hey you're talking about this but have you learned this I mean it's like this whole universal code thing has been an extraordinary process for me where I end up learning about physics mathematics the Hindu vades all of this stuff and turning into some big cohesive theory of the universe I mean what rights do I have to do that I got accepted to one university because of my grades and here I am writing a unified theory of the universe it's insane >> because we're going through this moment in time.

[00:06:20]Culture is what we do as humans. It's what we value. The culture of crypto attracted so many people to it. But the culture of the internet is now this global culture. And we're all living this moment in time. Co was another great example where every single person, humanity went through the same moment in time. And what happens is that creates cultural moments. Things we remember or want to remember or don't want to remember but get remembered. And art has always been that. Music and art have always recorded our times. M >> and what we saw is a rise of artists using new technology >> on the internet digital art and then this technology of NFTTS to create a new art form that's become culturally relevant to those of us in crypto because it was priced in crypto.

[00:07:11]It was our art from our revolution and our internet revolution. And that's become immensely valuable. And we're seeing, you know, we saw back in 2021 things like Bele trading at 69 million, but even today we're seeing often pieces of art trading over a million bucks.

[00:07:27]>> We're seeing an anonymous British artist called XCopy sell more than Damian Hurst and Banksy and nobody even knows it >> except those of us in crypto, >> right?

[00:07:37]>> And what we see is art is upstream of all wealth. This crypto space is what $2.7 trillion today. I think it goes to hundred trillion within 10 years. That creates $97 trillion of wealth. That's bananas, right? This is this universal basic equity idea from the other side.

[00:07:59]>> That wealth will flow upstream. So even if I'm wrong by 50%. There's still 47 trillion of wealth. That's more than all of the tech companies, >> all of the real estate developers, all of the kind of billionaires added together. And what will happen? it always flows into art because art is a long-term storage, but it also has that cultural relevancy to humans over time.

[00:08:21]So, that's why I think it's a much bigger thing than people understand. Um, and it's going to be people don't yet understand it because we went through the boom bus cycle, but at the end of it, they'll say, "This was so obvious.

[00:08:34]>> It's so obvious."

[00:08:36]>> Raul Pal thinks that cryptocurrency is more than just a way to speculate on prices. He sees blockchain technology as the foundation for the next generation of the global economy. Some people say that when big institutions use crypto, it will ruin its original purpose. But Pal thinks that Wall Street's involvement validates the technology while giving everyone access to wealth-b buildinging chances that were previously only available to big institutions. The change is especially important for developing countries like Nigeria, where people used to have a hard time getting access to global assets like US stocks or venture capital. Now assets like Bitcoin, Ethereum, Salana, and tokenized equities provide a global financial system that anyone can use. Pal also thinks that autonomous AI agents, applications, and systems will eventually rely on blockchain rails to seamlessly move value, verify ownership, carry out contracts, and automatically coordinate global economic activity.

[00:09:30]This infrastructure is directly linked to the future of AI.

[00:09:33]>> I don't think so. So I wrote a piece on this in 2013 >> which I said and this was before smart contracts had started. I said listen the entire financial system is going to go to blockchain rails. It's good for the financial system. It's a better system for them but it also happens to be a better system for us. It's a better system for everybody. And my mantra for 10 11 12 years was we can frontr run them all. M >> we had the first time ever to front Wall Street and we still have the opportunity cuz they're only just starting to build.

[00:10:05]>> So we had the opportunity to do all of this and this plays into that idea I've been talking about which is this universal basic equity.

[00:10:11]>> So here we've got this technology that we now know is part of the agentic stack. Agents will transact on blockchain rails. So when we fear what's going to happen to our jobs, how are we going to get income? There's a really simple component part is we can own the infrastructure layer for the first time in history. We couldn't own the internet, but we can own this and you're going to as the agents grow and AI becomes a larger part of the global economy, we can participate by just owning the tokens. It's like it's so obvious that, you know, people fear all of these outcomes, but it's all there in front of us. And crypto is going to enable that as well. And what's so empowering about crypto is here you've got this new global infrastructure layer, the smart contract world, plus this global savings layer, which is the Bitcoin world. And it's a it's a globally homogeneous fungeable product that exists in every country in the world >> and everybody can fractionalize it so everybody can put in 10% of their savings. I mean you couldn't ask for something better. Everybody's on the same equal footing.

[00:11:11]>> That's the point.

[00:11:13]>> Before you couldn't, right? So you couldn't buy Tesla if you're in Nigeria.

[00:11:17]You just couldn't do it. Now you can all buy Bitcoin. You can all buy Ethereum.

[00:11:21]You can all buy Salana. whatever it may be, you can now buy it on an equal footing with everybody. There is no there's no friction in any of this.

[00:11:30]>> And how do you feel about the tokenization of equities where now someone in Nigeria can also buy Tesla?

[00:11:34]>> Again, it's a it's egalitarian. Now, people might say, "Yeah, well, Wall Street's just using our rails to get rich, blah blah blah, but it's not. It's also it has two sides to it. Yes, they're bringing a lot of the things that we fought for um bringing inhouse, but what they're coming out with is actually other things that enable other people to have access to the financial system which they didn't have. I mean, if we look what's going on right now is like tech stocks are all going vertical.

[00:12:02]>> Mhm.

[00:12:03]>> But we're seeing the tokenization of those that allows other people to to participate in this massive disruptive technological moment in time that we were talking about. It's again if it's an infrastructure layer, everybody's going to use it >> and we can use it our own way. We were talking earlier about Zcash, you know, if you want privacy. There's all sorts of different opportunities within this whole space that will not be for institutions that still gives us an edge that gives us the opportunity to do things. I mean, you know, whether you hated them or not, Memecoin showed that you can form capital instantly in the billions of dollars >> and anybody could do it. Now, it might have been used for internet attention, a meme, but it's going to be used for other things soon. And so, that's again, try and raise capital. How hard is that business? It's miserable. But if you can get attention online for an idea and you can raise billion dollars in a day, okay, that's really interesting.

[00:13:02]Crypto's hilarious because we hypers speculate everything as the way of testing it.

[00:13:06]>> We do.

[00:13:06]>> Then it blows up. We move on. But what happens is all the learnings move on to something else. We'll see it with NFTTS.

[00:13:13]You know, we're seeing it in it's splitting towards digital art, but it'll also be what else can we do with a nonfgeible token. Yeah, it's a contract.

[00:13:22]It's a individual contract. And we will hypers scale that. People don't realize how big NFTs will be, but they're going to be the fabric of our economic system, but just not yet. So we're going to see a lot of these kind of things and the crypto speculation part is actually good because it speed tests something that normally would have taken like a decade to test. Us lot of dgens will test a whole lot in 6 months to breaking point.

[00:13:45]Yes. I think people are starting to understand what is going on and why they feel poor every day. What why debasement matters to them. Um no because there is so much noise in social media and other places and media itself. So most media itself hates it.

[00:14:01]>> Mhm.

[00:14:02]>> Social media is so much noise about trading >> as opposed to what are we actually doing here. You know, we're trying to adopt a new fairer, more egalitarian system that functions in a way that's right for the internet age. Um but people lose track of all of this and the noise of it all for most of the world. I don't know cuz I always knew that it it wasn't there for most of the world. I'm half Indian.

[00:14:24]I spent some time I lived in India. You could see it, you know, on [clears throat] that kind of global scale. You could see it when I realized it was not fit for purpose for anybody was 2008.

[00:14:35]>> And particularly the 2008 period into 2012, the European crisis when I was living in Spain and not only had I figured out and we'd all figured out that nobody in the banking sector knew who owned anything, everything was rehypothecated, a US Treasury bill at the time was rehypothecated 32 times. M so you had those two claims on the same asset. But when it became scary was when Cyprus happened and they bailed in the banks.

[00:15:02]>> Yeah.

[00:15:02]>> Now a term that sounds mild but what basically it said is if the bank goes bust they take your money and then you realize oh you don't own your money either. So nobody owns any money in the financial system. Then I got to the clearing and custody system and you realize that at the very core of that nobody owns those assets too. They're segregated until the very last part where it's all pulled. So in which case, everyone has a claim on everybody else's assets at all times.

[00:15:31]>> Raul Pal's main idea is that we are living in a time of hyper acceleration where robotics, biotechnology, digital networks, and artificial intelligence are all growing at the same time.

[00:15:41]Blockchain technology is at the center of this to keep track of value, identity, and payments in an economy run by AI. As AI takes over a lot of traditional jobs, the economy will change. People will still be in charge of creative, cultural, and community-based tasks. But owning digital infrastructure will become an important way to protect wealth. Pal shows how quickly things are changing by using AI everyday as an advanced thought partner that speeds up research and workflows by a huge amount. This means that a huge amount of wealth is about to be transferred as these different technology revolutions collide. Pal warns that the exponential age is already here with governments legalizing crypto, Wall Street integrating blockchain, and a younger generation moving into digital economies. Those who understand and position themselves early in this rapidly building infrastructure will have a huge advantage before the rest of the world catches