Macro Guru Raoul Pal Says Millennials Migrating to Bitcoin From Gold and Traditional Finance – Here’s Why

Macro Guru Raoul Pal Says Millennials Migrating to Bitcoin From Gold and Traditional Finance – Here’s Why


Macro guru Raoul Pal is saying that millennial investors are opting to invest in Bitcoin (BTC) instead of traditional assets like gold.

In a new interview with Parallax Digital CEO Robert Breedlove, Pal says that the traditional answer to currency debasement was gold, but that is no longer the case with a new generation of investors.

“The traditional answer was gold. It hasn’t done great. It’s done okay. It’s done its job, but the problem is, the millennials can’t generate wealth – if gold defends your wealth… [there’s] nothing to defend. So, it becomes incredibly difficult to generate wealth. Bitcoin comes along and changes the equation.”

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The Real Vision CEO says that investors will gradually see the value of crypto and migrate to this new

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