06 May Introduction to the Exponential Age

How will Cryptocurrency effect finance?

Raoul Pal introduces the Exponential Age from the emergence of cryptocurrency into the financial realm. There are lot of great insights about our current economic situation and what that means for finance. This is a testimonial on his journey and although it runs for an hour and a half it is worth listening to his perspective. So please make yourself comfortable and find a time to watch it… at least a few times.

Who is Raoul Pal?

Raoul Pal is the C.E.O and Co-Creator of Global Macro Investor who worked at the highest levels in international finance, including as Global Head of Emerging Markets at Merrill Lynch. He currently manages his own portfolio, which covers investment themes across Asset Management, Equities & Fixed Income within emerging markets. As a result he has a deep understanding of today’s big macro trends as well as specific market situations.

Raoul Pal’s Introduction to the Exponential Age

The Future of Financial Markets

In today’s digital economy, cryptocurrency offers greater security and control over their money, access to financial services and greater transparency that was not feasible with the existing systems of banking. A new digital financial system will emerge as a result of this change led by cryptocurrencies allowing consumers a choice between crypto and fiat. Over time consumers will choose crypto as it offers greater security against inflationary pressures.

The Exponential Age

Technology is changing the way we live and work. At the same time, economies are expanding at an exponential rate as well with emerging markets and developing nations bringing in more wealth than ever before. Many countries have done well to embrace these changes in technology and many have been left behind. There are a growing number of failures in financial systems around the globe today as they struggle to meet demand so what is the answer? According to Pal, it is Cryptocurrency.