Raoul Pal, CEO of Real Vision and former Goldman Sachs executive, recently held an Ask Me Anything (AMA) session on YouTube to explain his bullish stance on crypto assets. He believes that blockchain technology offers users the opportunity to own and operate pieces of a network, unlike other systems where people have to buy stocks of associated companies to own shares that represent only a portion of the network. Pal also highlighted the need to transfer, record, and store value in the midst of a burgeoning digital world. He believes that crypto’s market cycles can be “much bigger” than the tech stocks that they often correlate with, such as Apple, Microsoft, and Amazon.Pal believes that blockchain enables scarcity when anything could otherwise be theoretically inflated to infinity in the midst of a burgeoning digital world. He also believes that the returns on crypto assets like Ripple (XRP), Bitcoin (BTC), and Ethereum (ETH) are much higher than those of tech stocks, as one gets to own the network itself with just a token.Pal has expressed his optimism about the ability of a spot BTC Exchange Traded Fund (ETF) to trigger a rapid flood of capital to the market. He is confident that the fear of missing out (FOMO) will force investors to flock around Bitcoin and plunge in their funds in bulk. He believes that an approval from the United States Securities and Exchange Commission (SEC) for a spot BTC ETF will occur simultaneously with the bolstering positive momentum of the broad crypto market.

This News Article was automatically generated by Bob the Bot(AI)

Information	Details
Geography	Global
Countries
Sentiment	positive
Relevance Score	8
People	FINRA, Nvidia, Ask Me Anything, Raoul Pal, SEC
Companies	FINRA, Nvidia, Ask Me Anything, YouTube, Real Vision, FAC, Goldman Sachs, United States Securities and Exchange Commission
Currencies	Harmony, Bitcoin, Ripple, Ethereum, nvidia
Securities	Nvidia, Apple, Tesla, Microsoft, Amazon