I was WRONG on ETHEREUM! Chamath Palihapitiya and Raoul Pal Bitcoin and Ethereum price prediction (2021)
Chamath Palihapitiya does a full 180 on Ethereum and DEFI! In this video we take look at investors Raoul Pal and Chamath Palihapitiya, and look at Chamath’s gradual warming up to Ethereum over time.
Raoul Pal and Chamath Palihapitiya also speak on how investors will need to keep open minds as Bitcoin and crypto currency continue being adopted by institutions as well as how Ethereum can be transformative to the financial industry.
Chamath Palihapitiya has been a long-term bull on Bitcoin however in his first interview on cryptocurrency, had a strong stance against Ethereum. First we will go over his first argument in his first interview on why he did not hold Ethereum, then we will look at Why he changed his mind, and then in his most recent interview we will see that he has admitted to building a sizeable position.
Also, stick around to the end of the video where I will go over some recent Ethereum on-chain data that is BULLISH for the short-term price action of Ethereum. If you are an ethereum holder you will want to check this one out.
To watch the full interviews of the interviews clipped in this video, check them out here:
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0:00 Chamath “I was WRONG on Ethereum!”
2:43 Ethereum BEAR thesis – why Chamath was BTC maximalist
3:27 Changing mind on Ethereum and DeFi
4:26 Raoul Pal on ETH and Cryptocurrency outside of Bitcoin
5:32 Why Chamath was BEARISH on Ethereum
6:12 Raoul Pal WHAT Michael Saylor is doing WRONG
8:30 Chamath NEW stance on Ethereum and Crypto
10:15 RECENT on-chain BULLISH ETH data (NEW)
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