Raoul Pal "Bitcoin Life Raft" and CBDCs - REACTION - E220

Raoul Pal "Bitcoin Life Raft" and CBDCs - REACTION - E220

Bitcoin & Markets

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Original video: https://youtu.be/qL2LfVRl3J0?t=315 Full show notes: https://bitcoinandmarkets.com/e220/ 5:15 - Introducing the problems faced by the USD system I agree there's problems, but not the things he lays out. I believe his arguments show he has not considered monetary convergence and has a relatively mainstream understanding of the current system. 9:50 - CBDC Raoul claims the CBDCs are a way to address the problems he has laid out. Again, I disagree that the problems are what he says, and I also disagree that CBDCs can do what he thinks. The three big problems he lays out: 16:25 - Cash, freedom, and an agreement of nations (Bretton Woods 2.0) 23:15 END
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Original video: https://youtu.be/qL2LfVRl3J0?t=315 Full show notes: https://bitcoinandmarkets.com/e220/ 5:15 - Introducing the problems faced by the USD system I agree there's problems, but not the things he lays out. I believe his arguments show he has not considered monetary convergence and has a relatively mainstream understanding of the current system. 9:50 - CBDC Raoul claims the CBDCs are a way to address the problems he has laid out. Again, I disagree that the problems are what he says, and I also disagree that CBDCs can do what he thinks. The three big problems he lays out: 16:25 - Cash, freedom, and an agreement of nations (Bretton Woods 2.0) 23:15 END
...Read More