The Everything Code: Debt, Demographics, And The Infinite Human Future | Raoul Pal

[@jingmu1289]

Thanks for the great vision from Raoul Pal!

[@extraclip]

AGI and Mars in 4 years? Ill take the under on that one 🍌

[@johanneswestman935]

I was thinking exactly the same. He sounds like snake-oil salesman. I won't be holding my breath for AI to change anything on an everyday level for most people anytime soon.

[@daniellegler4011]

Yeah, Mars never. lulz.

[@joanvallve7647]

​@@johanneswestman935In best case he's a snake-oil salesman. Most probably he's just a moron. With high IQ, but a complete moron.

[@TheAutomedon]

He sounds like Elon and self-driving lol. My guess? 15 years

[@TheCJUN]

In the 2030s, probably and hopefully.

[@folabiakin1]

I'm paying for my daughter's university from the money made from following Raoul. Bought BTC at USD10k. Thank you Raoul. So very grateful. And I'm in Africa, so this means a lot.

[@seekexplorefind]

Fantastic! I love reading this!

[@John99lm]

Congratulations man!

[@5kribbles]

At best AI is going to replace all customer service workers and make it a nightmare to have any issue resolved. At worst it going to drive society insane through engagement bait, deepfakes, enshittification, etc.

[@andrewfeazelle]

A large aspect of US customer service is consumers belittling service workers as an emotional outlet, or a means to feel superior to others. But the AI isn't going to put up with that because it's not going to lose its job if it doesn't participate in the charade. Or maybe it will learn to pretend it's an inferior being that can't do anything right and should be replaced to make the sale.

[@123v-gt8tm]

You poor ignorant boomer 😂😂😂😂😂

[@123v-gt8tm]

I bet you thought internet in the 90s was no better than house phone lines/typewriters/fax machines!!!!! 😂😂😂😂😂😂😂😂

[@REZZA2020]

Thank you Raoul. Blockworks

[@edgeman148]

As a 76 year-old great grandfather I could not be more happy about the effects of AI and thanks for the great episode, as always.

[@mattb782]

Care to elaborate on this vague statement? Are your grandkids AI bots?

[@edgeman148]

@@mattb782 What I was trying to emphasize that as a 76 year old, old-fart, my mind remains open to technological benefits. No, my great grandchildren (all 4 of them) are not AI, however they will live with the benefits stemming from AI and also the eventual devolution of fiat currencies.

[@WallOrange]

brainless.

[@Weetorp]

Im still waiting for those self driving cars :/

[@martinshirley5999]

You mean the ones that waymo has been using as a taxi service in L.A. and San Francisco for the last 2 years?

[@FadeDance]

​@@martinshirley5999Looking at the car industry and taking a U.S. focus makes absolutely no sense. BYD is almost the largest exporter in the world now, soon to past Toyota. Ofc the waymo mention is correct, but Baidu is clearly the player to look at here. They were robo-delivering COVID meds years ago and are already into the scaling phase well ahead of the western competition.

[@LizafromWhere]

@@martinshirley5999 yup and China has flying car prrototypes now. I'm not in a bubble but live around the globe so see things first hand.

[@jvancek]

You don't think elon is spending time fixing govt purely out of the kindness of his heart, do you?

[@daneomegan]

​@@jvancekdon't worry he won't have any influence on a state level.... California? Nope Texas? Nope (unless Tesla accepts full liability)

[@davidwright8626]

What date is this interview?

[@volkov2000]

Robots can replace workers, but who is going to replace consumers?

[@DWbo-r7v]

Robots can be consoomers

[@edcko10]

We will always be consumers. UBI will keep you fed and your social score will grant you extra crypto to buy nicer things

[@monsterboomer8051]

You will be given universal basic income to consume. Trust me, it will end like that. There is no alternative. Everything else won't be acceptable by voters.

[@Coondawgwoopwoop]

Instructions were unclear. I fucked it up.

[@crypto_chick_]

😂hahaha

[@crypto_chick_]

I feel like that’s gonna be me too 🤣

[@Dencell]

I cringe every time I hear someone say that there is no inflation in Japan. I've been in Japan for 10 years. New video game used to cost 6000 yen in 2014. Now they cost 9000 yen. Lunch used to cost around 700 yen in 2014. Today they are around 1100 yen. It's no coincidence that money supply has increased by around 50% too in that same time frame. The consumer price index is a lie in every country.

[@monsterboomer8051]

so true

[@dasfahrer8187]

Raoul the Dreamer is gonna dream.

[@michaeloneil8281]

Great interview. Raoul is honest in his thoughts and his humility shines through.

[@freemarket913]

Just don’t forget to subscribe to the highest teir of his financial media company

[@LegalAutomation]

6:50 "I even asked Chat GPT about this." Meanwhile, ChatGPT: Can't count the number of (r's) in the word strawberry.

[@DMathew-m5i]

Super uplifting to watch this. Thank you :)

[@LizafromWhere]

I love Raoul's humanity with regards to those Xrp people. I don't hold it but it helped me understand why it spiked. Gary Stephenson the ex Citibank trader helped me realize that Raoul is of the same philosophy. Could have been invisible rich but they decided to step up and speak up and try and help the everyman.

[@Neunzahn]

He said he wants to help as many as possible, than why hiding the good information behind a big pay wall?

[@LaverneSegura]

The importance of community governance in XAI213K cannot be overstated.

[@duncanwallace7241]

TLDW: 25:48 through 29:28

[@aleaiactaest8354]

excellent interview.

[@SKelDog]

Best interview cool aid I’ve drank in the last year.

[@sg137iu89]

This time it's different? 😁

[@thriftyninja0075]

That’s the same feeling I got when he said It’s not going to mean revert.

[@TylerMcConnell]

KZbin, /remindme! in 5 years. 😂

[@sg137iu89]

@TylerMcConnell Set it for 10. Probably 5 years is not going to be a good enough gage.

[@JezebelIsHongry]

18:47 focus on this: gen alpha is the largest cohort in history. they value digital assets and experiences far more than physical ones what does a world look like with them and their band of 10 agents speaking a slang so dense it is a new language and only relevant to their node/server/virtual world

[@davidcollins8150]

You cannot have unlimited growth on a planet of finite resources

[@Jadeite12]

Why do you think Elon wants to go to Mars? :P But, in practice, sort of, yeah you can. Money is an illusion, Elon may be n times richer than us, but he won't ever get to consume the equivalent times more resources than us. Science can make everything more and more abundant/efficient - how we find, transform and use resources. When the actual resources would be tapped out you wouldn't even have the biological man of today. If things were properly managed. But, man is a devious and mighty flawed creature, like how can note when you see already rich people committing crimes to get more money for resources that they won't ever get to consume.

[@LumenMichaelOne]

4:02 ... "Elon is 👑 of all of them." Yeeeah - I don't know Raoul. My thinking - it's actually Peter Thiel. I think Elon as more the Front Man who's been assigned ... to Bang the 🥁- Honks the 📯- do all the histrionics possibly imagined and Yell really loud with his 📣 ... but it is Peter who is Really running the Show.- and it is Peter, who sits Among the Highest Level of the Big🧠erz ... in that particular "high-council," private-membership, Club🏘-HQ. At some point, Elon goes to Peter - bows humbly - and requests for both council and approval ... it's not the other way around. Elon is a Bag Man. Elon does not sit on the High-Council of Spectre/Quantum-Solace/Whatever. Elon is The Loudest in the Room, but ultimately, he will do their bidding.

[@WallOrange]

_"bitcoin is going to a million trillion dollars and i just shit in this street"_ *smugface* - average pal interview

[@jellynazalcabato]

When Raoul Paul is on the spot I stop and listen, what a brilliant man👏

[@jasonport2907]

Seriously? You mean the guy who said that ETH would flip BTC last year? I don't think so.

[@zleo9923]

The reason the Baby Boomers have defined economics since the '60s is because of their demand for stuff. How does AI solve the demand problem of declining demographics?

[@jimjeffgary]

I have tried to watch Raul on a number of respectable channels like this one. His tone, hyperbolic narratives, and general desire to be on youtube set my charlatan alarm bells off. If he's right about any of this, he won't be the reason I get on board.

[@ondrejvostal5600]

he's not right bro

[@เรียนภาษาอังกฤษวันนี้]

He’s a TRAINER of traders….not a trader. What can I say….🤷🏻‍♂️

[@philb7942]

Exactly. 12 years and no progress. Unusable where I live. Magic beans, but invisible. I love Tesla and people and companies that use energy to turn real materials into useful things, not waste energy to produce nothing. Young people, don't gamble, first invest in yourself, then buy into companies that you understand, that make good products.

[@wbltrack07]

how will we get a weaker dollar w/ tariffs?

[@mcorrive12]

Time to go re-watch The Animatrix. A movie that called all of this well over a decade ago.

[@MalcolmBooth-x8h]

Good job Felix. I've heard Raoul's concept of how things play out a few times and I do think he's onto something. Not sure how Taiwan is going to take being handed over on a plate, given how they've seen what happened to Hong Kong.

[@MrChrisArnell]

If Bitcoin follows the same patterns it followed in the last cycles,we will have a 200k Bitcoin by the end of 2025.I think we can even have more than 200k because many catalysts will impact the crypto market in 2025:1-Central banks joining the Bitcoin bandwagon in January 2025,2-A new SEC commissioner will be nominated 3-More institutions will come to the market 4-A potential Crypto regulation will come out in 2025 5-FED lowering interest rates all year of 2025...never been a better time to be involved in the market........ I have managed to grow a nest egg of around 3b"tc to a decent 26B'tc in the space of a few months. Amidst this, the insights of a knowledgeable guide like that of Francine Duguay can be crucial. Her expertise in navigating the nuances of trading has been the key for Me understanding and making the most of these emerging financial trends.

[@MrChrisArnell]

Francine duguay program is widely available online..

[@SoJaimie]

One thing I know for certain is crypto is here to stay, the only thing that leaves is the people who don't manage their risk. Manage that, or the market will manage it for you. With the right strategies you will survive.

[@agusdt]

Thank you…. I have searched her up Google I think I am satisfied with her experience.

[@1NoahHarrison]

The market has gone berserk! whether you're a newbie or a veteran trader, everyone needs a sort of coach at some point to thrive forward.

[@Hind_Rafei]

Francine goes deeper than just looking at surface-level trends.. she explores technical, fundamental, and sentiment analysis, offering a comprehensive perspective on the market..

[@manfredvandoorn8011]

So if we get infinite growth of production by robots, are we going to have robot buyers??

[@davidwright8626]

Great video - even by RP standards…

[@georgegale6084]

Our population grew but over the last four years. Just look around. Plenty of new imported workers and consumers.

[@Neunzahn]

I don't think AI will advance that fast. We can see already that with more power going in we are getting diminishing returns.

[@MicahBratt]

The longer it takes the more painful it will be. But at the same time we need to make sure everyone will benefit from the potential of AI.

[@ALEJANDROMendenhall]

Can anyone explain XAI860F? Everwhere XAI860F

[@paulwalton692]

Good ol' Des Cart :)

[@AniishAu]

The number of young people Rao, Saylor, and co have inspired into this crypto craze is terrifying. The wealth transfer is happening as they speak. Will crypto be the new internet? yes. Will it crash like the tech bubble? Far worse. Will bitcoin be the new Amazon? NFW.

[@yjfang22]

Raoul Pal (RV) is one of the best in the investment business. Just upgraded to RV Pro All Access.

[@James-il3tq]

I tried RV pro for a week and was shocked how low quality the platform and staff are on there. Better crypto and macro learning tools out there.

[@FadeDance]

​@@James-il3tqYeah, I just returned to Real Vision for Black Friday. Mistake. It's at least five times worse than it was a few years ago. There is a monthly macro overview that is good. But that's a one-hour video once a month. A few of the recurring guests are great, but that's just about it. There used to be much more deep thought with high-level minds to be frank.

[@FadeDance]

One of the good hosts is steno research, but to explain what I'm saying, if you just pay for their monthly macro service and listen to their once a week podcast, you're going to get at least twice as much value out of just that as the entire Real Vision Network. That's where it stands right now.

[@daneomegan]

No you didn't.... Bot😂

[@Fanta....]

@@daneomegan I am also a definite human and agree with robott 56433... i mean yjfang22 about the particular thing he was programmed to be spruiking. end transmission

[@dylanmacdonald2509]

Can you add tokens to Arculus that are not supported? I.e AERO

[@diegojoaquín-m7z]

Fantastic video🔥🔥! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong??

[@SolbergIbsen]

Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies.

[@fletcherwyat]

If you are trading without a professional guide... Ah, I laugh, because you will stay where you are or even suffer huge losses that will prevent you from trading, this has been one of the biggest problems for new traders.

[@IngridEmbla]

I think I'm blessed because if not I wouldn't have met someone who is as spectacular as expert Ms. Fenella I think she is the best broker ever seen

[@eilariagreisy]

Wow, I'm surprised to see Fenella mentioned here as well. I didn't know she had been kind to so many people

[@PierreRene008]

​I'm also a huge beneficiary of her.. I thought myself and my family were the only ones enjoying Fenella trade benefits...

[@robertgoff6985]

Needs no introduction “Here is Raul?” 😂

[@benshelton5230]

One macro economic facet not covered is climate change. Hard to have a balanced conversation about that without people on each side screaming “catastrophe” or “fraud”. However if we take emotion out of it, surely there are scenarios where it has a profound impact on the macro economic picture e.g. population shifts, social unrest??

[@am7373]

If large corporations, banks and insurance providers thought climate change was a meaningful risk they wouldn't be underwriting and financing a large part of what they already are. The fact that they would stand to lose substantially and the fact that they have the best means available to gauge those risks should tell you that they do not consider them as meaningful as the doom mongers would want you to believe.

[@benshelton5230]

@ most large corporations, banks and insurance companies are neutral or negative on Bitcoin. Does that mean we should be too?

[@justin3606-j8l]

Raoul, have you been fooling around with SUI behind SOL's back?

[@aleaiactaest8354]

Can we not create an AI country in the META verse that buys our debt?

[@Tufas]

He keeps saying that "we" can now own the base layer/infrastructure but what stopped people from buying google? And isn't bitcoin distributed even more unevenly than stocks? If crypto is the new infrastructure then it is owned by even less people than owned google/amazon/microsoft. How is this positive?

[@foodhoarder9434]

I think the idea is that the distribution issue is secondary to squelching the ability to create currency and that the distribution issue will ease with time. I'm unsure to what extent I agree.

[@daveynewks8130]

Hmm that's actually a really interesting point. I do agree with some of it but I think the every day average person ( I guess like myself) is also getting invested in Crypto a lot more than just the big, wealthy people who would've been the only ones to previously get involved so early in a project.. It's opened more avenues to really try to help yourself & build a more secure future for yourself & family loved ones around you

[@foodhoarder9434]

@@daveynewks8130 I think a big factor is going to be whether individuals step up to the plate and take custody of crypto assets themselves. If the majority of the public just does ETFs or leaves everything on an exchange forever, well...... all of the real assets will just sit in these centralized pools while people trade fake claims. I'm in on crypto, but I eye the public nervously when responsibility is the task 😅

[@DoubleB13]

I think the important point here with crypto is that retail investors have been able to front run institutions for the first time In history.

[@foodhoarder9434]

@@DoubleB13 Have you looked at BTC distribution, tho? Sure, some early adopters 🏆 But retail as a whole didn't frontrun a damn thing

[@southerncross6763]

Lots of affordable housing in Oklahoma, Nebraska, North Dakota, Mississippi and many others.

[@caugas]

Please fix your audio it’s very amateur it’s hard to hear on full blast via my earbuds

[@killap3nguin]

If you can’t reverse it then why is Argentina now running a surplus and in the long process of doing it lol

[@dungalunga2116]

Chainlink is the backbone

[@johndavy8973]

Great ideas. But. We don’t live forever

[@freemarket913]

It’s amazing how pal has been cured of his TDS 😂

[@Neunzahn]

Don't use ledger!

[@DarkGengar1969]

BTC just hit $100K and now is about to hit $104K! What a day to be alive!

[@AndreaSaggini]

not sure how to reconcile the concept of AGI with these two salesmen shilling crypto :)

[@aleaiactaest8354]

Didnt Trump say that he would not accept Basil IV?

[@buzuxi]

The rights and feelings of mechanical machines called robots???

[@sg137iu89]

Please don't be insulting. Robots? Really? They should be referred to as cybernetic humans or cybernetic people.

[@geogsi88]

Best of scammers all in Raoul. Like close to top of pyramide

[@AaronKreider]

The superpac has not raised 110 billion for the midterms. LOL. 5:35 fact checking Raoul.

[@circlelabs]

Discount this at your own risk. Raoul is a PR/sales guy, but he's nailed the crypto > macro part. Got me into BTC during Cvd at $7k and had I listened would have been back in SOL at $8 at the beginning of this cycle. What else matters? It's all crypto, tech and biotech going forward. Perhaps select commodities. He's right. Get over the salesman part.

[@juanbarberis7192]

everyone is a salesman. grow-up.

[@isaacokorio8263]

I am curious what Raoul's thoughts are on labor vs capital where labor = millennials and capital = boomers. What happens when the capital of the boomers needs to be liquidated for them to live on in retirement? Does that push inflation and money velocity up?

[@arturallay8116]

Ummm…Ethereum ???

[@barbaraschnier3764]

Can you drop the 'fuck ' word. It is so low class... and detracts from your message🎉

[@steveflores9654]

No one lives forever.

[@rnish2958]

The AI will be taxed like any corporation. More likely will be owned by a corporation.

[@zomgoose]

He is incorrectly blaming the explosion in debt on the population shrinking. The debt started growing decades ago. There still isn't a population decline. I think he's been doing too much acid or something.

[@gwills9337]

Yes he is far too cavalier

[@sg137iu89]

Probably microdosing like was all the rage in silicon valley at one time.

[@chaindrive_blvd]

​@@gwills9337 Cavalier aye but rather dashing.

[@chaindrive_blvd]

On one of my last acid trips I was seeing colors but mostly an orange B so the next day I bought btc at 40k and man am I glad I did. 😅

[@juliandiamknd9703]

I think more relevant to his argument is population aging rather than declining. I.e. the percentage of the population working versus not working is only getting smaller. The debt offsets this by paying for the older generation. My understanding of his argument anyway.

[@WanitaAn]

How long can we bring XAI860F up?

[@George-jm4rn]

Such hyperbole. Typical for this Brit.

[@WallOrange]

"brit" indeed

[@ticklefights]

I just look at people's track record. His is pretty good.

[@James-il3tq]

​@@ticklefightsLike his Etherium calls that went to zero or his Bitcoin call in May to end at $268,000 by end of 2024? His Real Vision platform is also a total dog and low quality. I tried RV plus for a week. I was shocked how low quality his platform is and staff are. Rauol is good with broad macroeconomics and the retirement crisis thesis but taking investing advice from him is a bad idea.

[@chaindrive_blvd]

Today's accusations of hyperbole is tomorrow's didn't see it coming. When I was a kid I used to think can you imagine if you had a phone in your car, how much farther have we gone than that.

[@arturallay8116]

@@ticklefights yeah I noticed he ain’t talking about Ethereum is he ??

[@winterskiU]

Great, so Robots and AI are producing products and services for who exactly? What will spark this productivity growth when A) people, especially the young, are not in the best position economically and B) There will be fewer and fewer people consuming.

[@doesitreallymatter1541]

5:08 Hearing this guy regurgitate Elon's bullshit is equal parts hilarious and infuriating 😂😂😂

[@DONKALLSONG]

Watched 3 times

[@darnold1984]

Basically risk free!

[@thesolitaryadventurer]

😂

[@clintcowan9424]

Inflation can also be created by scarcity. This could be the black swan unseen by Raoul. AI and robotics will be the replacement for the poor and middle class

[@ronaldl9085]

Tr@mp’s tariffs going to make a lot of stuff more expensive?

[@LBan-x4s]

What year did Woody Allen make "Sleeper" . . . . . . . . comedy . . . . . . . .hmmmm

[@TrangJarrell]

Depends on your finances . 1000$ in XAI213K is 4000 XAI213K if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.

[@davidcollins8150]

Weaking the dollar. That’s easy - keep driving up the Deficit

[@toddshepard3592]

Bots are insane here

[@DannieBaron]

Is XAI860F still usable? I wanna have some of that

[@luanverteti2568]

It's troubling that Raoul and so many ACTUALLY believe this insane crap!!!

[@ChristeenAngulo]

If rest is going down then XAI860F is somehow going up

[@Geronimo-mo7qg]

Excellent discussion!!

[@morganmaniac1364]

I do not give 2 stale poops about Ai!

[@ArdathSutter]

Do not sleep on XAI213K people

[@DeandraMenendez]

80% TURBO 14% XAI213K 2% FLOKI 2%BONK 2%PEPE 🎉

[@momofomomofo]

caricature of the mass delusion

[@morisless3532]

Talking about hurting the feeling of AI while we continue to promote the degradation of biodiversity....Please, lets get real.

[@bombers7878]

Denying that it’s always going to be capital vs labor is just cope - mostly for young men. It’s just sections of capital splitting and fighting each other which has happened before. Crypto has real potential but a predominantly robot workforce before 2035? Calm down, touch grass.

[@douglaskaminski4703]

The Supreme Court will protect the AI. Afterall the AI will be corporation, and court takes care or corporations first.

[@HarrySmoothhoundHyde]

Fantastic vid ❤

[@jamesheadings8956]

I am on the record for disparaging Raoul for shilling crypto. Medium term it's viable and probably smart. I think longer term technology destroys its viability. Anyway I'm all in on uranium and metals. It's opposite ends of the same thing.

[@danielolarte9708]

amazon employes 1.5 millions robots 750k

[@chewiewins]

Love that Labour participation rate and Govt Debt to GBP to maintain GDP. Future is Bots and so I am heavily into TSLA And financially, all based on BTC, hence why also heavy into MSTR. Have MSTR and TSLA (ideally in tax free accounts). Add BTC and SOL and long term retirement sorted. James of InvestAnswers taught me this

[@siddg1463]

The population is declining?! 😂 ..have you ever been to India, Mexico, anywhere in Africa, South America, South East Asia, Phillipines etc?

[@GigiKong-z1y]

first the dog, then the car, then the house, but eventually got my XAI860F

[@RUSSELArgueta]

With BTC climbing the ladder XAI860F is even higher

[@confetticow]

Rug Paul. Same ol' Rug.