RATE Group | Former Goldman Sachs Executive Says Bitcoin (BTC) Poised to Beat Every Asset Over the Ne…
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Former Goldman Sachs Executive Says Bitcoin (BTC) Poised to Beat Every Asset Over the Ne…

01 Feb Former Goldman Sachs Executive Says Bitcoin (BTC) Poised to Beat Every Asset Over the Ne…

Posted at 18:39h in Cryptocurrency News by

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Raoul Pal, former executive at Goldman Sachs, predicts Bitcoin will be the best-performing asset over the next decade. 

According to Pal, co-founder and CEO at Real Vision, an on-demand financial TV channel where major investors share their best business ideas,

“If I could only own one asset for the next 10 years, it would be bitcoin $BTC. 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.”

Pal has a long history with Bitcoin. He was an early investor who sold all of his holdings in June of 2017, calling BTC “a solution looking for a problem.” But in an August 2019 interview on the Stephen Livera podcast, Pal said he thinks the highly volatile and risky cryptocurrency is worth investing in even if there’s only a 1% chance it succeeds.

“I know all these macro guys, they’re all in it….

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