Raoul Pal welcomes back Jordi Visser for a wide-ranging conversation on AI, Bitcoin, tokenization, bonds, productivity, and the future of markets. The guys explore why the panic around bond yields may be overdone, and how AI-driven productivity is already showing up in corporate profits. Then they break down how tokenization could disrupt asset management, why 24/7 markets may favor bots over humans, and why the next phase of crypto may be about far more than just price. Today's episode is supported by Pyth Network, the fastest-growing name in market data, and probably the only one you can check out for free. They’ve developed a new model for financial data distribution and they’ve already partnered with Fidelity, Revolut, Kalshi, Jane Street, Coinbase, and the U.S. Department of Commerce. Three thousand-plus instruments across equities, commodities, FX, rates and crypto, plus the largest set of 24/7 financial indices out there. When modern markets require modern data solutions, Pyth Network is quickly becoming the answer. Head over to pyth.network to take advantage of their free trial. TOKEN2049 Singapore, the world's largest crypto event, returns to Marina Bay Sands on 7–8 October. 25,000 attendees, 500 exhibitors, 300 speakers and 1,000 side events take over the city during TOKEN2049 Week. On stage: Raoul Pal (Real Vision), Jeff Yan (Hyperliquid) and Shayne Coplan (Polymarket). The Real Vision community gets 10% off tickets, claim yours. URL: https://checkout.token2049.com/events/asia?promo=realvision10&utm_source=newsletter&utm_medium=email&utm_campaign=realvision&utm_id=realvision= 🔥 *Download Raoul Pal's 4-year investing roadmap for free:* https://rvtv.io/41fVHWF Timestamps: 00:00 - AI Is Creating Infinite Demand 02:51 - Why the Bond Market Panic Is Overblown 05:05 - Bessent, the Dollar, and the Yield Curve 08:14 - AI Productivity Is Transforming the Economy 13:35 - AI Agents and the Explosion in Compute Demand 15:20 - Why Tokenization Could Transform Global Markets 17:06 - How AI Will Disrupt Asset Management 22:17 - Why Everything Is Going On-Chain 27:20 - AI, Humanoid Robots, and the Compute Bottleneck 32:29 - The Energy Bottleneck and AI Supercycle 35:30 - Bitcoin, Tokenization, and the Future of Crypto 38:22 - What Tokenization Means for the U.S. Dollar 43:14 - How AI Is Collapsing the Cost of Building Businesses 53:17 - Bitcoin, Ethereum, and the Tokenization Boom 56:48 - Raoul Pal’s Simple Crypto Portfolio Strategy 59:04 - Why Investors Make Investing Too Complicated 01:05:54 - Could Digital Assets Reach $100 Trillion? Learn more about your ad choices. Visit podcastchoices.com/adchoices
