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#444 Raoul Pal on Bitcoin & The Macro Economy

The Pomp Podcast

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The Epy Censor Was Probably a Few Firm Plus Goldman, and a Bunch of Others.

When bit coin became an opportunity, literally, it just walked down this entire kind of loose collection of friends until everyone had exposure. People don't understand that, you guess a're all friends, righty? There's an entire occult generation of mackero investors that basically grew up together and went from one trade to the next. And then everybody saw it, started to see it, oh my god, there's a parellel universe coming, and it's all going to generate alpha. Because there's no capital and not enough knowledge in the space, because everybody in it was a technologist, and none of these macro guys were in it yet. So the macrogis

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