In this video, Raoul Pal shares why he believes Ethereum might hit high 5 figures before 2024
Raoul Pal leads Real Vision to provide unparalleled access to the very best insights and analysis from the brightest financial minds. He prides himself on being a Business Cycle Economist, Investment Strategist, and Economic Historian.
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CREDIT: https://youtu.be/BfN7ZdFvjYA?si=O3yLw7Y_-ZI7ZfBV
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Digital Finance Mindset, digital finance, cryptocurrency, blockchain, financial mindset, financial education, personal finance, investing, wealth management, financial planning, financial literacy, fintech, decentralized finance, Bitcoin, Ethereum, altcoins, crypto trading, crypto wallets, stablecoins, smart contracts, NFTs
4 Comments
"Promo SM" 😅
here's a guy who doesn't give a crap about his credibility.
"70% of Ethereum was pre-mined for their insiders. 70%. By moving away from a proof-of-work (PoW) protocol to a proof-of-stake (PoS) protocol a little over a year ago, they effectively rewarded those who got this unfair free stake with greater control and greater monetary rewards. Those with the bigger stake now get the most, forever and their stake was free.
This is the same monterey system we've been trying to exit from, isn't it? It's what Bitcoin came into existence to free us from. Work should determine your value, not the stake you can print for free and give yourself without any effort. Work should determine your worth, not the stake you were born into or given by some overlord of the system.
When you create something out of thin air, give yourself 70% of it, while everyone else has to work to pay for it, that's unfair. When you then change the rules to reward those with bigger stakes, it takes the level of unfairness to the ultimate level. Pre-mines are just another way to steal from others.
I thought we were done with this slave based system. Why are people applauding this? 🤦🏽 I'm not surprised that the market sees right through this bullsh*t. Look at how Ethereum is bleeding against Bitcoin since its move to PoS occurred in September of 2022. It's been a straight downhill slide, as it should be. The market has spoken.
What a scam. Sorry ETH heads. I know this upsets you, but it is what it is. 👎🏽 If it walks, sounds and looks like a scam. It usually is."
This guy is such a grifter, don’t know why people still bring him on.