HomeNewsBitcoin (BTC) Reigns Supreme: Outpacing Gold, Real Estate, and Stocks in Trillion-Dollar...

Bitcoin (BTC) Reigns Supreme: Outpacing Gold, Real Estate, and Stocks in Trillion-Dollar Markets amidst the Growing Global Distrust of CBDCs

- Advertisement -
    • Raoul Pal, former Goldman Sachs executive, believes crypto will outperform almost all other assets in light of long-term currency debasement.
    • Pal warns that most people will not be able to avoid the negative effects of currency debasement.

Crypto and Tech Stocks: The Only Assets to Outrun Debasing Currency

Raoul Pal, founder of Real Vision and former Goldman Sachs executive, recently told his almost one million Twitter followers that high-quality crypto and tech stocks are the only assets that will outrun the predicted currency debasement. Pal believes that, following the collapse of First Republic Bank, the US will enter another chapter of money printing to pay off its massive debt. He warned that most people would not be able to escape the negative effects of currency debasement by hoping for pay raises or being smart about saving.

According to Pal, high-quality crypto has the highest beta to the global central bank balance sheets and will likely outperform virtually all other assets. Unlike other assets, such as real estate, gold, bond yields, EM equities, and credit, high-quality crypto and tech stocks can outperform currency debasement.

Disclaimer: ETHNews does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to cryptocurrencies. ETHNews is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned.
Godfrey Benjamin
Godfrey Benjamin
Godfrey Benjamin is an experienced crypto journalist whose primary goal is to educate everyone about the prospects of Web 3.0. His love for crypto was sparked during his time as a former banker when he recognized the clear advantages of decentralized money over traditional payments. Business Email: info@ethnews.com Phone: +49 160 92211628