Milk Road
@MilkRoad • 101,375 subscribers
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Videos
Raoul Pal: "By 2030, the entire economic system has changed." AI will rewrite the GDP formula... The old formula: GDP = population growth (humans) + productivity growth (human output) + debt growth The new formula: GDP = population growth (humans + robots + agents) + productivity growth (energy density + compute efficiency) + debt growth. FT Raoul Pal Real Vision
Milk Road224,233 views • 2 months ago
Raoul Pal: Retail didn't abandon crypto. They lost their stake and went to a different casino (AI). They're in their 20s, can't afford a house, working 3 jobs, and looking for a way out. They'll be back the moment crypto outperforms. We need to stop painting their rationality as 'disloyalty.' FT Raoul Pal LG DOUCET
Milk Road162,564 views • 2 months ago
John Gillen: Tom Lee posted something this weekend that barely got attention - and it should have. The inverse correlation between Ethereum and oil prices has never been this high in history. As oil goes up, $ETH goes down, moving in near lockstep. "It's not that capital is not going to other places. One of the other places it seems like it would have been going would be to crypto digital assets, Ethereum." It's a tug of war over capital - and right now, the energy crisis is winning. FT John Gillen - WartimeEthereum.eth LG DOUCET.
Milk Road125,146 views • 2 months ago
Raoul Pal: "Just own the f*cking token... It's so obvious. It's the big trade." The largest infrastructure investment in history is about to happen. Data center buildout will employ millions in construction and services. "That money gets saved, spent or invested and people will come to the casino as they always do in the crypto market." The layer 1 trade is so simple. FT Raoul Pal MR SHIFT 🦁 Real Vision.
Milk Road99,315 views • 1 month ago
Why You Only Have Until 2030 to Build Wealth w/ Real Vision Founder Raoul Pal Gold is moving. Crypto isn’t. Raoul explains why that divergence has happened before and what usually follows for Bitcoin when liquidity catches up. Tune in to know more ⏱ TIME POINTS ⏱ 00:00 – Intro 00:52 – Why the 2026 Crypto Cycle Is Different 03:50 – Global Liquidity: The Real Driver of Crypto 09:08 – Raoul Pal x Milk Road PRO Offer 09:22 – The Damage From the Biggest Crypto Liquidation 12:29 – When Retail Comes Back to Crypto 14:31 – $BTC vs Gold: The Catch-Up Trade 16:18 – The Macro Case for a 5-Year Cycle 18:33 – What Happens After This Cycle Ends 20:05 – How Crypto Grows From $3T to $100T 23:21 – Bridge 23:55 – Chainlink 24:15 – Crypto’s Ethos vs Institutional Adoption 28:22 – The Mistakes That Destroy Long-Term Wealth 32:57 – Crypto in a Post-AGI World 36:05 – Raoul Pal’s Portfolio Framework 38:00 – AI Sectors That Could Explode 40:02 – Why Humans Still Matter 46:51 – Why the Clarity Act Matters 47:38 – Raoul’s Best & Worst Calls 52:53 – Wrap-Up
Milk Road220,592 views • 5 months ago
Mark Newton: the tech rally has been "far choppier" than people expected - and Mag 7 hasn't kept pace with the rest of tech. Mark is watching for "a 3-5% correction after our run up." Nothing devastating. Just normal digestion. The bigger tell? Semis have had a lot of
Milk Road93,880 views • 2 months ago
The Jane Street 10am dump theory is FALSE - Matt Hougan CIO Bitwise Crypto sold itself off. The boogeyman is us. "The reason crypto is down is because people who held Bitcoin at the start of 2025 sold it. That's it. The problem is in the mirror. It's not someone outside"
Milk Road138,433 views • 4 months ago
Jim Bianco: The Iran deal has been labelled "done" six or seven times so far, but it keeps falling apart. Global inventories are being aggressively drawn down to keep oil prices stable, and we'll hit operational minimums. "We can't run every inventory to zero and then we're going to have to have real demand destruction." That could arrive in as little as 30 days. FT Jim Bianco John Gillen - WartimeEthereum.eth Milk Road Macro.
Milk Road49,211 views • 1 month ago
Bitwise CEO: this is the most bullish moment in Bitwise's entire 7-8 year history in crypto. A major U.S. bank recently told Bitwise they were planning to go "from zero to 500 miles an hour on crypto." Another bank gave its divisions 100 days to map out their crypto roadmap. "I don't know that a bank has ever gone from zero to 500 miles an hour on anything." 2026 is absolutely a new chapter - every corporate and financial institution will be in the space within 12 months. FT Hunter Horsley MR SHIFT 🦁 Bitwise.
Milk Road40,134 views • 1 month ago
Raoul Pal on his recent Zcash allocation: "In the world of store-of-value there is only one - or there was only one, really." "But now we've got another one which is a sub-section of that." "Privacy, in the world, has value." "I think people will understand that more, so therefore, it's a very easy trade. It's $BTC w/ privacy." FT Raoul Pal MR SHIFT 🦁 Real Vision.
Milk Road41,915 views • 1 month ago
.Vivek Raman: people have been framing $ETH incorrectly. "It is an asymmetric bet to say that Ethereum will reprice from being valued like a technology company and transition to becoming a money." "And when that happens, there is a potential for a 100x." FT Michael McGuiness LG DOUCET
Milk Road58,374 views • 3 months ago
Raoul Pal: There's a magic pattern most traders never find. The year-on-year rate of change of every financial asset is identical to the ISM survey. Oil, equities, the dollar - all the same. And +50 is the magic level to breach. "When the business cycle picks up, the year-on-year rate of change of everything picks up." One thing moves everything. And it's liquidity. FT Riz Iqbal Raoul Pal
Milk Road49,151 views • 2 months ago
Why Saylor says there is no second-best crypto asset: "There was Babylonian math, Greek math, Roman numerals. Arabic wasn't the first protocol. It was just the best." Why are Christians in Northern Europe using Arabic math? Because it was a better protocol. There is no second-best math protocol. There's no second-best language. "We're speaking English because all the rich, powerful people speak English." Bitcoin is the same. "The lack of functionality and the stability was the feature." FT Michael Saylor MR SHIFT 🦁.
Milk Road31,057 views • 2 months ago
What if AI agents don't use ETH or BTC? What if they just build their own crypto and cut us out entirely? "Why would they wanna use a human lawyer to advocate for them in this f*cked up legal system that we have to get their money back..." "When they can just use code?"
Milk Road59,393 views • 4 months ago
Jordi Visser: Elliott Wave theory says crypto is about to enter its most powerful phase yet. In a 5-wave bull structure, the third wave is where everyone jumps in, returns are the easiest, and the move goes further than anyone expects. Semiconductors are in that third wave right now. Bitcoin? "To me, crypto is just about to start the third wave... which will carry Bitcoin far higher than whatever number of people can come up with." "When it starts, there won't be a way to stop it." FT Jordi Visser Michaël van de Poppe New Era Finance Podcast.
Milk Road29,543 views • 2 months ago
Is $ETH the world’s most important asset? We are joined by Joseph Lubin the Ethereum Co-Founder & @SharpLinkGaming Chairman to discuss. $ETH & $BTC are the base assets of the new supercycle. Tune into the conversation here: ⏱ TIME POINTS ⏱ 00:00 - Intro 01:15 - The Birth of $SBET: Origins & Vision 09:00 - Who’s Investing in SBET? 14:07 - Institutional interest in ETH? 17:30 - How U.S. legislation is boosting ETH 20:38 - Definitive 21:11 - Ledn 21:47 - Joe on the ETH treasury strategy 27:18 - Do treasury companies break the ethos? 30:12 - The Future of SBET 33:55 - Why ETH Has Underperformed 39:25 - How SBET Values Ethereum 46:11 - ETH versus other chains = winning 52:17 - Joe Lubin’s Master Plan - MUST WATCH 55:49 - Final Thoughts & Wrap Up 56:45 - Nexo Tees Off with Global Golf’s Elite in Landmark DP World Tour Partnership
Milk Road120,090 views • 1 year ago
Circle CEO Jeremy Allaire - jerallaire.arc freakin' NAILED the 'Onchain Credit Boom' thesis on the The All-In Podcast Stablecoins like $USDC aren't just digital dollars for trading crypto anymore. They're becoming the rails for an entirely new credit infrastructure. The obvious impact: Small businesses could access capital without walking into a bank branch or filling out 47 pages of paperwork. Equipment leasing, factoring, working capital. All executed through smart contracts. But the kicker is this: He wants credit markets that work like Google AdWords. Auction-based, real-time, algorithmic pricing of credit risk. AI handling underwriting while smart contracts handle execution. No storefronts. No loan officers. No 5-7 business day waiting periods. Just software machines pricing risk and moving capital in milliseconds. Winners: Small business owners who currently get ignored by traditional banks. The restaurant owner who needs kitchen equipment. The startup that needs to make a hire before the next funding round closes. Losers: Traditional lenders charging fat margins for slow, manual processes. The entire middle layer of financial intermediaries who exist because the current system is inefficient. When lending protocols start competing in real-time auctions, and AI can underwrite a loan faster than you can fill out an application, that's when this thesis goes from podcast theory to market reality. The thesis in a nutshell: Credit will become as liquid and efficient as digital advertising.
Milk Road65,149 views • 6 months ago
