Macro guru Raoul Pal is arguing against the idea that Bitcoin and the crypto markets are merely in a bubble.
In a tweetstorm, the former Goldman Sachs executive compares Bitcoin’s behavior to the performance of tech unicorn Amazon in its early days.
Pal says he recalls believing that Amazon was in a bubble a long time ago.
“I remember personally saying the same about Amazon, pretty much since inception.”
The closely followed analyst says that while…
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