Why You Must Buy Bitcoin - Raoul Pal Explanation

Raoul Pal explains why and how bitcoin is going to replace fiat currency and why it will end monetary policy. He also shares his thoughts that bitcoin will overtake gold and be the best investing asset in the world. Why buy bitcoin? Will bitcoin rise? All those questions are answered by Raoul Pal in this 8 min clip from the "real vision finance" podcast.

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What is bitcoin used for?
Bitcoin is a new currency that was created in 2009 by an unknown person using the alias Satoshi Nakamoto. Transactions are made with no middlemen – meaning, no banks! Bitcoin can be used to book hotels on Expedia, shop for furniture on Overstock, and buy Xbox games.

Is bitcoin a good investment?
You can easily trade bitcoin for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with bitcoin makes it a great investment vessel if you're looking for short-term profit. Digital currencies may also be a long-term investment due to their high market demand.

What is Raoul Pal?
Former hedge fund manager who retired at 36, Raoul Pal is a co-founder of Real Vision, a financial media company offering in-depth video interviews and research publications from the world's best investors.

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