Dope Tech Episode 2

<<@TomBilyeu says : What do you think the future of the world economy is going to look like in 5 years?>> <<@thoralder4963 says : Mr. Pal I noticed the barber chair in the back. Is this how you get your steady income lol,>> <<@jaysonbonilla1531 says : Ngl seeing the anime figurines behind Tom made me like him even more lol>> <<@andrewangelos85 says : It’s nice when you’re at the top of the pyramid (scheme).>> <<@williamyawn249 says : I'm going back in the market #crypto. But this is my life stock savings...I have been criticized by just about every person I know but I know now about macro more than 99%of people....this will pay off for me and my family I have been through what RP has been though and was lucky even then...I am prepared and ready for this pain,sorry for the one that are not in the know>> <<@ascendwithemily says : 🎉🎉🎉 sooooo good>> <<@ramind1212 says : Please Read the Book how to prevent and reverse Heat Disease and interview Dr Caldwell Esselstyn .>> <<@DJSTOEK says : 😷😃>> <<@brianwhitehawker1756 says : With inflation running at a four-decade high, the Recession is now the ‘most likely outcome for the economy and I cannot imagine being a victim of circumstances. My portfolio suffered a big hit, holding it further won’t be any good. I've heard of people netting hundreds of thousands this red season. How can I ensure this?>> <<@piccolonamic9375 says : If you read the 5 page constitution, you will see the american dream has nothing to do with financial stuff. That's just Great Britain (England) manipulating our economy and our minds. The american dream is religious freedom and natural freedom. True usa economy is contract work. Not this top down corporate kingdom structure that came right out of 1750's Germany, designed specifically to keep people to busy working to form groups. It's just the 27 % of people who benefit from that structure don't want to admit that it is a slave system.>> <<@walterdryja5201 says : Rauol. pal 😂>> <<@josephinewliu says : 1:23:58 who sets the bond interest rate level? it is set at 2 levels. one is the Fed Funds Rate, which is the price of money that the Fed will operate with the banking system. but this is for short term lending such as 1 month. the longer i lend to you, the price should be higher. this price is determined by Free Market . but fed can print money, or taking money out of the economy. I.E, when they print money, they buy the bonds of the governments, which allows the government to borrow more without causing problems , now they want to do tightenning , which means taking money out of the economy, by selling bonds which are on their balance sheet, which means banks have to buy these bonds so banks have less money.>> <<@josephinewliu says : 40:14 raoul pal said one the best technology investors in the world i called "kou 2", does anyone know the proper name of this firm? it sounded like KoTwo from the video.>> <<@whois1498 says : Over two hours ……. Omg 😂 TLDW?>> <<@Richter_GE says : I believe that most of us are feeling unsure ! But remember the rules I put a money that I can afford to loose ! I’m not looking to the price ! And the negativity around me cannot grove me crazy !>> <<@skyangel6336 says : Shrink the Big Govt Way down!!! They should never be 40 percent of the economy!! Break up the Big monopolies!!!>> <<@BayleyBlake says : For a smart, insightful, educated, performance driven, health conscious guy Tom... I can't believe you're frying your brain with Air Pods!>> <<@tereenastevielove3230 says : Thanks for the info, too many ads>> <<@Samsonight33 says : This guys the worst. He hasn’t been nearly right about anything crypto and he speaks in circles and very very broad terms. Yes obviously income is important. Lol. Why do people look up to this clown>> <<@Klayhamn says : it's not that humans "value scarcity" - it simply is that when something is common - you need to lower the price you sell it for if you wanna be sure it sells if you just price some bottle of water at $100 no one would buy it, but not because people "value scarcity" - that's idiotic - it's because they can get it cheaper elsewhere>> <<@kriszitangalanthaifekete8593 says : the many advertisements in the video is really annoying.>> <<@wgb_jd says : Last warning? Promise?>> <<@fransvandemerwe7800 says : The US dept is undoubtedly the reason for the next big war...that has already started. History proves exactly this.>> <<@7xXshadowX says : Raul bitcoin fraudster talks a good talk shame he don’t walk the walk>> <<@okmmauh says : Can’t pay their debt to whom?>> <<@jamesosland7978 says : Would like his view’s on splittchain Zucoin a new Aussiecion very easy to fraction 100 mil only New release.>> <<@trevdean540 says : The American Dream. You had to be asleep to believe it!>> <<@Sephardipearl says : Crypto profits are taxed! Governments can and do change the rules all the time, these guys are brain washing ppl and only presenting the rainbow dream story of bitcoin. How about when it crashed and I didn’t have the ability to withdraw or even sell as the Bianca network was fucked>> <<@DavidFerreiraurbanabstract says : GENIUS>> <<@cons4231 says : BTC for some reason is overhyped. Fools gold!>> <<@BondJamez says : What's with the feminine traits in males of today?>> <<@luislozano3373 says : 1/ 0pium, 50gr and a pipe. 2/ Caviar. 3/Champagne, vodka. 4/ Fenobarbital. A little party. Fucking humans!!>> <<@tangle4764 says : 다 안다는 듯이 씨부리지마>> <<@thebrinksf69 says : Did he say anything of value that could be applied?>> <<@rudypoo4370 says : This is my last post>> <<@fashionspy96 says : When you live in such a third worldly country (Argentina) that you're SHOCKED when it gets mentioned in any piece of content 😂>> <<@vanodyssey1659 says : Dude says he is working 120 hour weeks.... Dude, no you are not. 6 days a week is 20 hours a day, 7 days a week is 15.5 hours... Dude... No need to exaggerate,>> <<@vanodyssey1659 says : @15:00 OUTLIERS book by Malcolm Gladwell in the first chapter goes over this very point, about being in the right place at the right time, even being born in January can make you a successful NBA player, or the ideal year to be born to be successful in the computing industry was arounf 1954 or 1956 I believe. Worth a read.>> <<@gonefishin1370 says : What a fake>> <<@nandanair1601 says : 1:35:00 about understanding liquidation: when you borrow money to buy anything (real or financial assets) it's called leverage and you have bought something "on margin". Now the lender (bank, mortgage lender, etc) will use the LTV (Loan To Value) to see whether you get a margin call or a liquidation. LTV is your loan divided by the market value. The loan does not change, but the market value does. If you borrowed 600k to buy a 750k house, your starting LTV is 600/750 = 80%. The lender will have certain LTV levels which will trigger a margin call and liquidation. If the house value drops to 700k, now your LTV is 600/700 = 85.7%. Let's say the bank set the margin call LTV at 90% and liquidation at 95%. So if your house value drops to 666K your LTV is 600/666= 90% and your bank will call or send you a letter saying you need to put up more money to bring your LTV down, let's say 50k. Now your loan is 550k and your new LTV will be 550/666= 82.5% so you're safe unless the house price drops further to bring your LTV up again. Now let's say your house value drops further to 578K in a market crash. Now your new LTV suddenly goes to 550/578= 95% and your LTV triggers the liquidation. At this point the bank is very close to losing their own money from your asset, so they well sell it at the 578K price, take their 550k back and give you the remaining 28k. You have just lost your down payment on 750K (150K) and the margin call money (50k) and all the money you've paid into your mortgage for the time leading up to the liquidation. This happens very easily when there's market turmoil and makes billionaires go bankrupt with financial assets too (stocks, bonds, etc). When investors panic sell, bond prices can drop 20-25% easily and that's on top of the stock market drop and housing price drop and interest rate increase. So investors are desperate to sell for cash and there are margin calls and liquidations leaving investors with nothing. I've worked in investment banking for over 10 years and traded bonds and dealt with retail and institutional investors. It's horrific to see people lose millions of dollars because of leverage and I've seen it happen first hand. Luckily I was a trader so didn't have to face clients face to face during the turmoil but I've seen the worst happen in 2008... So yea, try not to use leverage if you can help it.>> <<@FaxanFM says : Banks have 2 quadrillion in derivatives, what happens when those start to go bust?>> <<@nextgenjest3637 says : I love Raoul xxx>> <<@TungLe-vx2ui says : Guy ... Keep going.. Thank you and your teams ...this is exactly the education those of us independent study types thrive upon. DEFI is now trending. 😎💯👍 But, u can try the Bonanza jackpot blockchain project. Just 1$ for a ticket, u will get your future>> <<@timothysommers4863 says : The more I learn about Bitcoin the more I think big government is going to squash it. You can't take the power from the powers that be and expect it to go over well. In the meantime play the volatility.>> <<@nooneyouknow6108 says : half interesting conversation until you tried to detangle the geopolitics -- and yes, you said it -- this is clearly not either of your area of expertise 🤭🤨 Various inaccurate, albeit both brief and vague enough, assertions about Ukraine/NATO and the Chinese-Taiwan situations!!>> <<@roderickmorrison says : Quotable quote: "Even if it's in the bank, it's not your money.">> <<@michaelacton6246 says : Haha China it's a dying nation with no youth and an aging population. Dollar is here to stay for the foreseeable future>> <<@hfortenberry says : I love Raoul Pal. I would LOVE to see a discussion between Raul and Peter Schiff.>> <<@smarterthanyou9090 says : This is just a bunch of fucking bullshit gibberish. This guy is no genius. All he did was buy into bitcoin and got lucky with it. He didn’t even buy it when it was new; he bought it when it here already exploded. He put the money in, took a gamble and won. Anybody can do that; doesn’t require any intelligence it just requires dumb luck. Now he’s going blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah look at me look at me blah blah blah blah blah blah blah blah blah blah blah I’m so good look at me I know what to do blah blah blah blah blah blah blah blah blah blah blah blah blah blah bitcoin blah blah blah blah blah blah Ethereum blah blah blah blah blah blah. Ridiculous>> <<@yokelectronic says : Gosh what a load of twaddle>>