Podcast
Raoul Pal: The Journey Man
Hosted by Real Vision Podcast Network · EN
The world is changing faster than ever before. This comes with life-changing opportunities but also unprecedented challenges. In The Journeyman, I talk to the greatest minds at the nexus of macro, crypto, and technology to figure out exactly what the Exponential Age means for us all. I uncover the big trends, potential investment opportunities, and economic risks and rewards, and ask the big questions on how this impacts us, our businesses, and our societies. Brought to you by Real Vision.
54episodes
Episodes
Newest firstAll episodes
“This Time IS Different for Crypto”
Apr 201:06:34Summary readyRaoul Pal welcomes Ed Chin, Founder & CEO of Parataxis Capital, and Tejas Nalval, Founder & CIO of Parataxis Capital, to chat about how crypto market structure is evolving, from ETF-driven flows and institutional adoption to shifting cycle dynamics beyond the traditional four-year narrative. They argue the next phase of crypto will be driven by liquidity, macro forces, and a massive expansion in adoption fueled by AI agents and new financial products. Recorded March 5, 2026.Today's Episode if brought to you by Figure Markets. Need liquidity without selling your crypto? Take out a Figure Crypto-Backed Loan , allowing you to borrow against your BTC, ETH, or SOL with 12-month terms, 8.91% interest rates, and no prepayment penalties. Or check out Democratized Prime and earn ~9% APY on RWAs. Unlock your crypto’s potential today at Figure and claim your $50! https://figuremarkets.co/realvision Disclosures Figure Lending LLC dba Figure. Equal Opportunity Lender. NMLS 1717824. Terms and conditions apply. Abra provides custody, trading, yield and BTC-backed loan products for digital assets for HNW and corporate clients. Abra provides full service treasury management for digital asset treasuries and corporations. Buy and hold digital assets in segregated accounts with multi-sig security. Visit https://www.realvision.com/abra to learn more. Today’s sponsor is Plus500 US. Take your trading to the next level with cross-market contracts, from precious metals to key indices, and more. Whether you’re a seasoned trader in the Futures arena or brand new, Plus500’s user-friendly trading platform offers you the advanced tools, market insights, and quick execution you’ve been looking for. Get started with Plus500 for as little as $100 at https://us.plus500.com. Trading in futures involves the risk of loss. Learn more about your ad choices. Visit podcastchoices.com/adchoices
SummaryThis Is the Recipe for a Successful Web3! | with Farokh and Vi Powils
Mar 2701:05:05Summary readyIn a special episode of Raoul Pal the Journey Man, he presents a panel from our recent Crypto Gathering in Miami Beach, where Farokh Sarmad, president of Rug Radio, Myriad Markets and Decrypt, and Vi Powils, the CEO of World of Women, share their personal experiences and insights on what makes Web3 projects survive and remain relevant. Moderated by Bijan Maleki. Recorded January 23, 2026 Abra provides custody, trading, yield and BTC-backed loan products for digital assets for HNW and corporate clients. Abra provides full service treasury management for digital asset treasuries and corporations. Buy and hold digital assets in segregated accounts with multi-sig security. Visit https://www.realvision.com/abra to learn more. Sign up for their webinar here Today's Episode if brought to you by Figure Markets. Need liquidity without selling your crypto? Take out a Figure Crypto-Backed Loan , allowing you to borrow against your BTC, ETH, or SOL with 12-month terms, 8.91% interest rates, and no prepayment penalties. Or check out Democratized Prime and earn ~9% APY on RWAs. Unlock your crypto’s potential today at Figure and claim your $50! https://figuremarkets.co/realvision Disclosures Figure Lending LLC dba Figure. Equal Opportunity Lender. NMLS 1717824. Terms and conditions apply. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Summary
We're Not Ready for This
Mar 901:17:56Summary readyThe Exponential age is here and accelerating, bringing developments humanity is simply not ready for. In a special crossover episode of the Journey Man and The Exponentialist, Raoul Pal sits down with David Mattin, founder of New World Same Humans and technology lead at Global Macro Investor, for a deep dive into the world of AI, tech, crypto, evolution, consciousness and why humans have a thing or two to learn from sharks and crocodiles.If you find this type of conversation stimulating, now is the best time to join the Exponentialist, an independent service co-founded by Raoul and David that helps you position for the Economic Singularity. AI and Big Tech are reshaping markets, the economy, and the world as you know it. You can’t stop it — but you can prepare, and profit. Through March 9, get 15% OFF a 6-month membership or 25% OFF 12 months. Everything you need to understand the shift and supercharge your trading. Sign up at realvision.com/exponentialist Need liquidity without selling your crypto? Take out a Figure Crypto-Backed Loan , allowing you to borrow against your BTC, ETH, or SOL with 12-month terms, 8.91% interest rates, and no prepayment penalties. Or check out Democratized Prime and earn ~9% APY on RWAs. Unlock your crypto’s potential today at Figure! https://figuremarkets.co/realvision Abra provides custody, trading, yield and BTC-backed loan products for digital assets for HNW and corporate clients. Abra provides full service treasury management for digital asset treasuries and corporations. Buy and hold digital assets in segregated accounts with multi-sig security. Visit https://www.realvision.com/abra to learn more. Today’s sponsor is Plus500 US. Take your trading to the next level with cross-market contracts, from precious metals to key indices, and more. Whether you’re a seasoned trader in the Futures arena or brand new, Plus500’s user-friendly trading platform offers you the advanced tools, market insights, and quick execution you’ve been looking for. Get started with Plus500 for as little as $100 at https://us.plus500.com. Trading in futures involves the risk of loss. Learn more about your ad choices. Visit podcastchoices.com/adchoices
SummaryThe AI Intelligence Tsunami Is Here
Feb 2601:13:54Summary readyRaoul welcomes back Emad Mostaque, Founder and CEO of Intelligent Internet, to catch up on the latest developments regarding AI and what it all means for the future of the global economy. Recorded on February 20, 2026. Learn more about your ad choices. Visit podcastchoices.com/adchoices
SummaryInside a DeFi Hedge Fund: Risk Management in a 24/7 Market ft. Evgeny Gokhberg
Feb 1201:08:16Summary ready🔥 *Download Raoul Pal's 4-year investing roadmap for free:* https://rvtv.io/41fVHWF Raoul Pal welcomes Evgeny Gokhberg, founder of the DeFi hedge fund Re7Capital, to discuss building a market-neutral yield strategy that earns double-digit returns by managing smart contract risk, diversifying across platforms and chains, and treating crypto as liquid venture investing. They also debate whether the current crypto drawdown is a broken cycle or a liquidity-driven, mid-cycle correction, concluding that fundamentals remain strong despite extreme price volatility. Recorded on February 4, 2026. 👉 Abra provides custody, trading, yield and BTC-backed loan products for digital assets for HNW and corporate clients. Abra provides full service treasury management for digital asset treasuries and corporations. Buy and hold digital assets in segregated accounts with multi-sig security. Visit https://www.realvision.com/abra to learn more. 📣 This episode comes to you thanks to Figure Markets. Use Figure’s Democratized Prime and enter to win $25k USDC while earning ~9% APY. The more you participate, the better your odds! Start now and enter to win while earning money on your crypto with Democratized Prime. 👉 Enter here: https://democratizedprime.pxf.io/c/6873097/3755092/37696 Unlock the potential to showcase your brand to our global audience. Contact us at partnerships@realvision.com for advertising inquiries. 🍌 Get your Banana Zone swag at the Real Vision merch store: https://shop.realvision.com Connect with me: Twitter (X): https://twitter.com/RaoulGMI Instagram: https://www.instagram.com/raoulgmi/ LinkedIn: https://www.linkedin.com/in/raoul-pal-real-vision/ My other work: Real Vision: https://rvtv.io/3LHYIaH Global Macro Investor: https://globalmacroinvestor.com The Exponentialist: https://realvision.com/thefuture EXPAAM: https://expaam.com Connect with Real Vision™: Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Get a FREE membership: https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices
SummaryThe Metal Trade That Could Unlock AGI ft. Jordi Visser
Feb 501:02:36Summary ready🔥 *Download Raoul Pal's 4-year investing roadmap for free:* https://rvtv.io/41fVHWF On the latest episode of The Journey Man, filmed with a live audience at Crypto Gathering 2026 in Miami, Raoul Pal sits down with Jordi Visser, head of AI macro nexus research at 22V, to discuss the commodity supercycle, the advancements in robotics and AI, the abundance vs. scarcity trade, the decline of software companies, and much more. Recorded January 24, 2026. 👉 Abra provides custody, trading, yield and BTC-backed loan products for digital assets for HNW and corporate clients. Abra provides full service treasury management for digital asset treasuries and corporations. Buy and hold digital assets in segregated accounts with multi-sig security. Visit https://www.realvision.com/abra to learn more. 📣 This episode comes to you thanks to Figure Markets. Use Figure’s Democratized Prime and enter to win $25k USDC while earning ~9% APY. The more you participate, the better your odds! Start now and enter to win while earning money on your crypto with Democratized Prime. 👉 Enter here: https://democratizedprime.pxf.io/c/6873097/3755092/37696 Timestamps: 00:00 Abra Sponsor 00:54 Welcome to The Journeyman 02:38 Macro, Crypto & AI Converge 05:06 Silver: The Metal Behind AI 08:00 The $85T AI Buildout 11:05 Resources, Geopolitics & Power 14:20 Europe’s Strategy vs the US 17:16 AI = Deflation Shock 20:19 Why Long-Duration Assets Break 23:02 Scarcity vs Abundance Investing 26:13 Stimulus, Politics & the AI Race 29:04 Why Silver Is Non-Negotiable 32:17 Is Software Actually Investable? 35:44 Agents Replace SaaS 38:53 Why Big Tech Can’t Adapt Fast Enough 42:05 Commodities: Rent or Own? 45:26 Solar, Power & Grid Bottlenecks 48:39 Energy Taxes & AI Economics 50:14 AGI Fears & the Human Question 53:18 Advice for Gen Z 55:22 AI as a Learning Weapon 56:49 NFTs as Cultural Memory 57:38 Final Thoughts & Outro Unlock the potential to showcase your brand to our global audience. Contact us at partnerships@realvision.com for advertising inquiries. 🍌 Get your Banana Zone swag at the Real Vision merch store: https://shop.realvision.com Connect with me: Twitter (X): https://twitter.com/RaoulGMI Instagram: https://www.instagram.com/raoulgmi/ LinkedIn: https://www.linkedin.com/in/raoul-pal-real-vision/ My other work: Real Vision: https://rvtv.io/3LHYIaH Global Macro Investor: https://globalmacroinvestor.com The Exponentialist: https://realvision.com/thefuture EXPAAM: https://expaam.com Connect with Real Vision™: Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Get a FREE membership: https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices
SummaryThe Next Perfect Trade (And Why It Only Happens Once a Decade)
Jan 2901:00:33Summary ready🔥 *Download Raoul Pal's 5-year investing roadmap for free:* https://rvtv.io/41fVHWF ⚪ Raoul Pal welcomes Alex Gurevich, founder and CIO at HonTe Investments, to discuss the second edition of his book, "The Next Perfect Trade." Raoul and Alex also explore how classic macro frameworks like risk parity and duration investing are colliding with a new era defined by AI, deflation, and massive liquidity responses. Recorded on January 19, 2026. ⚪ Follow Alex on X: @agurevich23 📣 This episode comes to you thanks to Figure Markets. Use Figure’s Democratized Prime and enter to win $25k USDC while earning ~9% APY. The more you participate, the better your odds! Start now and enter to win while earning money on your crypto with Democratized Prime. 👉 Enter here: https://democratizedprime.pxf.io/c/6873097/3755092/37696 📣 Today’s sponsor is Plus500 US. Take your trading to the next level with cross-market contracts, from precious metals to key indices, and more. Whether you’re a seasoned trader in the Futures arena or brand new, Plus500’s user-friendly trading platform offers you the advanced tools, market insights, and quick execution you’ve been looking for. 👉 Get started with Plus500 for as little as $100 at https://us.plus500.com. Trading in futures involves the risk of loss. Unlock the potential to showcase your brand to our global audience. Contact us at partnerships@realvision.com for advertising inquiries. 🍌 Get your Banana Zone swag at the Real Vision merch store: https://shop.realvision.com Connect with me: Twitter (X): https://twitter.com/RaoulGMI Instagram: https://www.instagram.com/raoulgmi/ LinkedIn: https://www.linkedin.com/in/raoul-pal-real-vision/ My other work: Real Vision: https://rvtv.io/3LHYIaH Global Macro Investor: https://globalmacroinvestor.com The Exponentialist: https://realvision.com/thefuture EXPAAM: https://expaam.com Connect with Real Vision™: Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Get a FREE membership: https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices
Summary🔴 URGENT: Drinks With Raoul Pal LIVE from Miami
Jan 2301:13:06Summary ready🔥 Get my FREE PDF report https://rvtv.io/3YOZZUe. Welcome to Drinks with Raoul, Round 21... and the first live AMA of the year, coming to you straight from Crypto Gathering 2026 in Miami Beach. ☀️ In this special kickoff episode, Raoul lays out the case for why the macro cycle has shifted to a 5-year structure, what that means for crypto and global markets, and why 2026 is the year liquidity returns in force. It’s a message of clarity, optimism, and opportunity at a time when many are still stuck in short-term fear. ☀️ As always, you’ll get Raoul’s unfiltered thoughts on market structure, cultural shifts, a little chaos, and some high-quality Miami vibes and questions from our LIVE audience at the Loews hotel in South Beach. This is the start of something big! Grab a drink. Tune in live. Let’s begin! Unlock the potential to showcase your brand to our global audience. Contact us at partnerships@realvision.com for advertising inquiries. Connect with me: Twitter (X): https://twitter.com/RaoulGMI Instagram: https://www.instagram.com/raoulgmi/ LinkedIn: https://www.linkedin.com/in/raoul-pal-real-vision/ My other work: Real Vision: https://rvtv.io/3LHYIaH Global Macro Investor: https://globalmacroinvestor.com The Exponentiliast https://realvision/thefuture EXPAAM: https://expaam.com Learn more about your ad choices. Visit podcastchoices.com/adchoices
SummaryDie With the Most Likes: Art in the Digital Age
Jan 1501:27:55Tap to summarize☀️ Crypto Gathering Miami 2026: not everyone wants the full conference sprint. That’s why there’s the Social Pass ($300): welcome drinks, beach party, and Drinks with @RaoulGMI LIVE 🍷 ☀️ Right now it’s BOGO... bring a friend or split the cost ☀️ Get it now: https://rvtv.io/3K36sq1 ⚪ Real Vision co-founder and CEO Raoul Pal sits down with digital artist and writer Mark Wilson, better known as DieWithTheMostLikes, for a wide-ranging conversation on art, identity, and the attention economy. From his roots in Middle America to years spent grinding through a soul-crushing corporate job, Mark shares his unlikely journey to becoming one of the most distinctive voices in digital art. ⚪ Follow Mark on X: @toadswiback 📣 Today’s sponsor is Plus500 US. Take your trading to the next level with cross-market contracts, from precious metals to key indices, and more. Whether you’re a seasoned trader in the Futures arena or brand new, Plus500’s user-friendly trading platform offers you the advanced tools, market insights, and quick execution you’ve been looking for. 👉 Get started with Plus500 for as little as $100 at https://us.plus500.com. Trading in futures involves the risk of loss. Unlock the potential to showcase your brand to our global audience. Contact us at partnerships@realvision.com for advertising inquiries. 🍌 Get your Banana Zone swag at the Real Vision merch store: https://shop.realvision.com Connect with me: Twitter (X): https://twitter.com/RaoulGMI Instagram: https://www.instagram.com/raoulgmi/ LinkedIn: https://www.linkedin.com/in/raoul-pal-real-vision/ My other work: Real Vision: https://rvtv.io/3LHYIaH Global Macro Investor: https://globalmacroinvestor.com The Exponentialist: https://realvision.com/thefuture EXPAAM: https://expaam.com Connect with Real Vision™: Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Get a FREE membership: https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices
Transcribe →URGENT: AI Is Inevitable. But Can It Be Better?
Jan 800:59:14Tap to summarize☀️ Crypto Gathering Miami 2026: not everyone wants the full conference sprint. That’s why there’s the Social Pass ($300): welcome drinks, beach party, and Drinks with @RaoulGMI LIVE 🍷 ☀️ Right now it’s BOGO... bring a friend or split the cost ☀️ Get it now: https://rvtv.io/3K36sq1 When it comes to the AI race, Jeffrey Quesnelle, co-founder and CEO of Nous Research, thinks there's no stopping it. However, he is on a mission to ensure nation-states don't control it through a select few companies. On the latest Raoul Pal the Journey Man, he speaks about the need for decentralized, open-source AI, and how his company is trying to make it happen as it competes with centralized AI titans. Follow Jeffrey on X: @theemozilla ⚪ Get cash fast - borrow against your BTC, ETH, or SOL today. ⚪ Take advantage of the lowest rates in the industry* at 8.91% (9.999% APR) at 50% LTV1 and segregated collateral vaults, protected with decentralized MPC. Join Now - 👉 https://figuremarkets.co/realvision 📣 Today’s sponsor is Plus500 US. Take your trading to the next level with cross-market contracts, from precious metals to key indices, and more. Whether you’re a seasoned trader in the Futures arena or brand new, Plus500’s user-friendly trading platform offers you the advanced tools, market insights, and quick execution you’ve been looking for. 👉 Get started with Plus500 for as little as $100 at https://us.plus500.com. Trading in futures involves the risk of loss. Unlock the potential to showcase your brand to our global audience. Contact us at partnerships@realvision.com for advertising inquiries. 🍌 Get your Banana Zone swag at the Real Vision merch store: https://shop.realvision.com Connect with me: Twitter (X): https://twitter.com/RaoulGMI Instagram: https://www.instagram.com/raoulgmi/ LinkedIn: https://www.linkedin.com/in/raoul-pal-real-vision/ My other work: Real Vision: https://rvtv.io/3LHYIaH Global Macro Investor: https://globalmacroinvestor.com The Exponentialist: https://realvision.com/thefuture EXPAAM: https://expaam.com Connect with Real Vision™: Twitter: https://rvtv.io/twitter Instagram: https://rvtv.io/instagram Get a FREE membership: https://rvtv.io/3Y4t5Pw Disclaimer: https://media.realvision.com/wp/20231004185303/Disclaimer-1.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices
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