This video pulls clips from Raoul Pal’s longer discussion of his journey of discovery of crypto markets, focusing on Ethereum. His initial insights were around network effects (Metcalf’s law). Billions of people are aware of Ethereum, and millions have wallets. It also has a massive number of developers which has another network effect. His view, Ethereum is the basis of the Internet of Value. Assume that anything you can exchange that has value will be digitized. Ethereum is the mechanism to do this.