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Tue, Feb 23, 2021 1:13 PM by CryptoNews

This Is Why Old Models Don't Work With Bitcoin According to Raoul Pal

Raoul Pal. Source: a video screenshot, Youtube/Real Vision Finance The old economic models used to grasp various asset price bubbles from the past are distorting our view of bitcoin (BTC)'s recent price spike, as cryptocurrencies should be considered as exponential trends powered by network effects, according to macro investor Raoul Pal. This is due to the uniqueness of digital assets whose users

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