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Raoul Pal on the future of Crypto and Web3 1 Trillion to perhaps 300 Trillion in 10 years

So there’s this massive value accretion that comes. If I compare where we are now, call it a trillion dollars of asset valuation in digital assets. Well, almost all the traditional asset markets are $200 trillion to $300 trillion each. We’re going to get there in probably 10 to 15 years.”

Pal says the accumulation of value in the crypto markets will be the “fastest and largest the world has ever seen.”

“Bigger than oil. Bigger than the internet. It’s a very, very different thing. It’s quite the phenomenon. The point being, as soon as the macro clears up… everybody’s going to launch. And don’t forget everybody’s invested VC in this space already… So the VC money of $60 billion that went in in the last 18 months, because of the speed of the cycle in crypto, we’re gonna see a whole lot of products and new changes and new innovations coming in the next six to 12 months and we’ll move the whole narrative forward exponentially yet again.”

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