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Raoul Pal: Crypto Mass Adoption WON’T Come From BTC and ETH
Bitcoin and Ethereum have been been the staple of
the crypto ecosystem, as they rank #1 and #2, respectively, in market capitalization. According to Statistics from Banklesstimes.com;
There are 14 million ETH owners globally
There are about 10 million ETH users
About 24.4% of crypto owners hold ETH tokens globally
Ethereum ranks second after Bitcoin by market cap
Currently, the Ethereum market cap is approximately $340 billion
In regard to Bitcoin, the statistics look like this;
Market capitalization of $436,474,615,875
Market Cap Dominance of 38.54%
In the August 2022 report, roughly 36% of crypto owners in the US said they own Bitcoin. This is below the global average, which sits at 37%.
By 2030, it is forecasted that global adoption will be 10% and all of the signs point to Ethereum and Bitcoin leading the way. But Macro Investor Raoul Pal sees it differently. As a guest on the Scott Melker podcast, Raoul explains that the next big jump for crypto won’t be the two big heavy hitters, it will come from places we don’t even know yet.
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THIS INTERVIEW WAS POSTED ON AUGUST 18, 2022
Watch the full unedited interview here ⬇ [Credits] 🙏
https://www.youtube.com/watch?v=VO10GzR28yc
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🎵BACKGROUND MUSIC licensed through AudioJungle & Epidemic Sound
🎥FOOTAGE licensed through VideoBlocks and Filmpac, except parts about the topic that have been used under fair use.
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-This video has no negative impact on the original works (It would actually be positive for them)
-This video is also for teaching and inspirational purposes.
– It is not transformative in nature.
