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This interview was released shortly after he remarked that he is more bullish than ever on Bitcoin, remarking that there’s a possibility that “all trust” in the “entire system” has been lost. This was presumably in reference to the world’s response to the outbreak of COVID-19, which has revealed clear insecurities in the fabric of society, from politics to finance.<\/p>\n

The Only Asset He Would Own For Next Decade: Bitcoin<\/h2>\n
Pal isn’t only bullish on Bitcoin from a one to two-year outlook.<\/p>\n
Case in point, in a to-the-point comment that he shared late January, the former Goldman exec said that he thinks Bitcoin would be the only asset he would hold for the next 10 years (if he had to choose one) because it \u201cencapsulates all of larger macro views,\u201d referencing previous statements he made suggesting the world will turn to an alternative system of finance that will be digital.<\/p>\n
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If I could only own one asset for the next 10 years, it would be bitcoin $BTC<\/a> It encapsulates all of my larger macro views and feels like the point on the far horizon we are headed to, in some shape or form. Yes, like gold too and many other things but BTC risk\/reward beats all.<\/p>\n
— Raoul Pal (@RaoulGMI) January 31, 2020<\/a><\/p><\/blockquote>\n