⸺ Bull case · April 18, 2024 ⸺
Raoul Pal
Founder, Real Vision; ex-Goldman SachsInvestor
“At 4 billion crypto wallets by 2030, the price will certainly be $1 million.”
Price at the call
$63,511
Today
$61,577
Target · 2030
$1M
Boldness of the call×15.7
Progress to target0.0%
Needs another ×16.2 from today’s $61,577.
If you’d listened
×0.97
-3% since the call
Annualized audacity
58%/yr
required return per year
Skin in the game
56/100
Real Vision founder with a disclosed crypto-heavy book.
The ex-Goldman macro investor frames Bitcoin through global-liquidity and wallet-adoption curves, with a $1M-by-2030 base case (deadlines that have shifted from 2025 to 2026 to 2030 along the way).