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Former Goldman Sachs Executive: Blockchain Creates Scarcity, and the Cycle of the Encryption Market May Be Greater Than the Cycle of the Technology Stock Market

Former Goldman Sachs executive and current CEO of Real Vision, Raoul Pal, explains his bullish stance on cryptocurrency assets.In an AMA conference on YouTube, the macro expert stated that blockchain allows users and investors the opportunity to directly own and operate a part of the network, rather than only obtaining a share of the network through purchasing stocks of related companies like other systems.

In the digital world, Pal states that blockchain can achieve scarcity and prevent any asset from infinite inflation. He introduced that the cycle of the crypto market may be larger than the typical tech stock market cycle associated with it.

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