Raoul Pal

Why would you ever sell anything? We are living through the fastest acceleration of technology in all of human history. The financial system is being rebuilt on crypto rails: agentic identity, robotic identity, human identity, all of it moving onchain. And yet people are still trying to time it. Selling because someone somewhere thinks the liquidity cycle might soften for a bit is bananas. You don't time a technology adoption cycle. You accumulate through it. Every drawdown is a chance to own more of the base layer of the next economy. The one job is to stay in. @BittelJulien and I got into all of this on The Journey Man. As ever, please…

@nic_carter Really good post. Thanks

@CryptoMichNL @RealVision It's not complicated ...

The GMI Compounding Machine on @RealVision is flashing a rare buy signal. This simple strategy has returned 12x vs 7x just holding. Compounding into weakness works. Only one of the stupidly great tools on Real Vision... https://t.co/CHWzGY8WTm

@paulguerratv Hahahahaha

By 2032 or 2034, crypto crosses $100 trillion. For context... there's about $800 trillion of assets in the world right now. Gold is $30 trillion, global M2 is $80 trillion. The entire digital asset space is $3.5 trillion. Adoption has followed the same log regression channel for over a decade. Forward-project it and you land at $100 trillion by the early 2030s. That's $97 trillion of new wealth in under a decade. More than every Russian billionaire, US tech billionaire, and finance and real estate billionaire on earth, combined. I've been saying this for years. This is how you unfuck your future. Crypto is one of the only assets that out…

The Economic Singularity is not a metaphor. AI, robotics and blockchain converging into one event by 2030. Work, growth, investing... all rebuilt at once. The only real move is to use the tools and stay in through the compounding. New episode is up. As ever, please enjoy! https://t.co/l5pFuoKRfc

@CoachPete38 @toadswiback @Blondie23LMD Thanks my friend!

@toadswiback @Blondie23LMD 🤣

@toadswiback @Blondie23LMD Truly repulsive battles were fought by the blonde assassin... she may be a lady but she sure knows how to fight dirty

@Toys_Soldiers @toadswiback @Blondie23LMD I support Spain because England always choke...

@Toys_Soldiers @toadswiback @Blondie23LMD It's 4 am here!

they performed their horrible play... by @toadswiback proudly in The Culture Vault after a huge bidding battle fought on my behalf by my beautiful blonde assassin @Blondie23LMD. Between us we acquired 4 stunning pieces from the collection, all thanks to Blondie ❤️! https://t.co/KquUs7fkLh

Everything in the economy runs on the same input. Compute, AI, robotics, manufacturing, transport... it's all energy underneath. That matters now because of demographics. Fewer workers every year means the economy only grows if output per head grows fast, and the engine for that is the Exponential Age... AI and robotics doing the work people used to. But all of that runs on energy. So the cost of energy is the ceiling on the whole thing. That's why the EU, Japan, China, the US and the UK are all moving at the same time. If we can take the cost of energy to near zero, GDP per capita stops being hostage to the price of a barrel of oil. Tha…

@sares_at @Blondie23LMD I have two attempts at this... England and Spain

@sares_at @kimasendorf @nodefnd @Barbiares So great to spend time with you!

Demographics is one piece of The Exponential Age. AI, robotics, energy, and networks are others, and together they will create the biggest productivity wave in human history. I go deeper on this here: https://t.co/ufC5cTClml

Now back to the Big Game, bidding on "dying is not enough" by @toadswiback where @Blondie23LMD and I go head to head

Spain dramatically outplayed France. Now let's see if the Brits can beat Argentina. Then I'm fucked as I support both.

Two of us have the same idea ... by chance and that is a good thing

AI is the single greatest innovation in human history. The only thing that comes close is splitting the atom. Every economic system we've ever built runs on the scarcity of knowledge. Lawyers, doctors, experts of every kind… they get paid because what they know is scarce. With AI, knowledge is now infinite. That breaks everything. Our entire economic model, as well as our understanding of what humans do, and what we're for. This is the Exponential Age. I've been mapping this out for years across @RealVision and GMI, piecing it together as it unfolded. Today I wrote a full breakdown that pulls it all into one place. Link below. https://t…

The AI tools in @RealVision are really very good. The RV Brain is trained on 12 years of RV content plus general finance and the Raoul AI mentor (which speaks in my voice if you call it) is trained on my content and gives my perspectives

Crypto wasn’t invented for the age we came from. When Satoshi launched Bitcoin, we thought we were building a hedge against banks. Digital gold, permissionless money for humans who couldn't access banks. All true. But the humans found it hard. Keys, custody, UX... none of it felt natural. Turns out we were building the base layer for something else entirely. Agents don't struggle with keys, and smart contracts are native to machines. Every UX problem we've spent years trying to solve was a problem because the users hadn't arrived yet. Now they have. The agentic economy needs money that moves at its speed, and crypto is the only system th…

So so good... giving Donny Darko vibes. "Dying is not enough" I think is one of the key art series this year

There's a simple formula underneath every economy on earth: GDP growth = population growth + productivity growth + debt growth More workers, more output per worker, or more borrowing. That's all growth has ever been. When the first two stall, debt steps in to fill the gap, which grows the economy now by stealing from the future. The problem is that the trend rate of growth has been falling for decades, in the US and every developed economy. It now sits around 1.75%. The reason is the part you can't change. The working-age population is shrinking. Fewer workers means a lower ceiling on growth, no matter what anyone does about it. So the e…

Really proud to acquire the flagship 1/1 from the "Dying in Not Enough" series by @toadswiback with @Blondie23LMD for "Something Bigger"... the thought behind this work and the series, the detail and the art itself, along with the prose, is something that truly shows off the depth of Die's talent...

Diversification is dead. I know that goes against everything you've been taught, but hear me out. Global governments and central banks are increasing liquidity to manage debt at 8% a year. That's the hidden devaluation of fiat currency you don't see. Add inflation on top and you've got an 11% hurdle rate. If your investments aren't hitting 11%, you are getting poorer. I laid the whole thing out start to finish on Tuesday. Read the full breakdown of my Everything Code framework here: https://t.co/u5knDhBo4b

The dot-com bust happened because companies could pull the plug. Nobody can afford to this time... the race for intelligence doesnt allow it. Latest Journeyman is solo, on why this ends up a super cycle, not a repeat. As ever, please enjoy! https://t.co/zfVQw3cohn

@toadswiback I remember the good ol' days of the Alfonso Knudsen presidency and I remember the magic theme park ride to eternity, along with piss stinking shopping malls.... Dying was never enough.

Just extraordinary work from Diewiththemostlikes...the concept, the art, the prose and the body of work that goes with it @toadswiback