Raoul Pal predicted this six months ago: an elongated business and debt cycle, a Bitcoin surge, then a -35% drawdown that would convince everyone the run was over. It isn’t over."

History is the story of failed monetary systems. Bitcoin is the first non-defective money."

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Raoul Pal predicted this six months ago: an elongated business and debt cycle, a Bitcoin surge, then a -35% drawdown that would convince everyone the run was over. It isn’t over."

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574 Visninger· 25/11/25·

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