Uploaded April 2026 | Updated September 2026, 3 weeks ago
Raoul Pal welcomes Arpan Nanavati, CEO of Beep, to explore how blockchains are becoming the execution layer for AI, with on-chain identity, payments, and tokenized information becoming increasingly important as agents get cheaper, more autonomous, and more economically active.
Recorded on March 30, 2026.
Today's Episode is brought to you by Figure Markets. (figuremarkets.co/realvision )
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! 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. Abra is hosting a webinar on April 9. Sign up here realvision.com/abrawebinar
🔥 *Download Raoul Pal's 4-year investing roadmap for free:* rvtv.io/41fVHWF
TimeStamps
00:00 - AI, Macro, and the New Market Regime
02:15 - Sponsor Read and Real Vision Platform Update
03:10 - Introducing the Guest and Core Investment Framework
05:40 - Why This Cycle Is Different From the Last Decade
09:10 - The AI CapEx Boom and Corporate Spending Shift
13:05 - Productivity Gains and the Exponential Thesis
17:00 - How AI Is Reshaping Margins and Earnings Growth
21:10 - Liquidity, Rates, and the Macro Backdrop
25:30 - Equity Leadership and Sector Rotation Trends
30:05 - Where Investors Are Mispositioned Today
34:20 - Risks to the AI and Growth Narrative
39:10 - Valuations, Multiples, and Market Expectations
44:00 - Crypto, AI, and Network Effects Converging
49:10 - Portfolio Construction for the Next Phase
54:30 - Final Outlook and What Happens Next
Connect with me:
Twitter (X): twitter.com/RaoulGMI
Instagram: instagram.com/raoulgmi
LinkedIn: linkedin.com/in/raoul-pal-real-vision
My other work:
Real Vision: rvtv.io/3LHYIaH
Global Macro Investor: globalmacroinvestor.com
The Exponentialist: realvision.com/thefuture
EXPAAM: expaam.com
Connect with Real Vision™:
Twitter: rvtv.io/twitter
Instagram: rvtv.io/instagram
Get a FREE membership: rvtv.io/3Y4t5Pw
Disclaimer: media.realvision.com/wp/20231004185303/Disclaimer-1.pdf
#raoulpal #crypto #macro #macroeconomics #cryptocurrency #cryptonews #blockchain #web3 #nft #nfts #btc #eth #btcnews #bitcoin #bitcoinnews #bitcointoday #cryptotrading #cryptoinsights #cryptotips #cryptoinsights #macroinsights #realvision #solana #sol #solanasol #altcoins #bitcoinnews #btctoday #btcnews #sui #suicrypto #ethnews
Raoul Pal welcomes Arpan Nanavati, CEO of Beep, to explore how blockchains are becoming the execution layer for AI, with on-chain identity, payments, and tokenized information becoming increasingly important as agents get cheaper, more autonomous, and more economically active.
Recorded on March 30, 2026.
Today's Episode is brought to you by Figure Markets. (figuremarkets.co/realvision )
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! 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. Abra is hosting a webinar on April 9. Sign up here realvision.com/abrawebinar
🔥 *Download Raoul Pal's 4-year investing roadmap for free:* rvtv.io/41fVHWF
TimeStamps
00:00 - AI, Macro, and the New Market Regime
02:15 - Sponsor Read and Real Vision Platform Update
03:10 - Introducing the Guest and Core Investment Framework
05:40 - Why This Cycle Is Different From the Last Decade
09:10 - The AI CapEx Boom and Corporate Spending Shift
13:05 - Productivity Gains and the Exponential Thesis
17:00 - How AI Is Reshaping Margins and Earnings Growth
21:10 - Liquidity, Rates, and the Macro Backdrop
25:30 - Equity Leadership and Sector Rotation Trends
30:05 - Where Investors Are Mispositioned Today
34:20 - Risks to the AI and Growth Narrative
39:10 - Valuations, Multiples, and Market Expectations
44:00 - Crypto, AI, and Network Effects Converging
49:10 - Portfolio Construction for the Next Phase
54:30 - Final Outlook and What Happens Next
Connect with me:
Twitter (X): twitter.com/RaoulGMI
Instagram: instagram.com/raoulgmi
LinkedIn: linkedin.com/in/raoul-pal-real-vision
My other work:
Real Vision: rvtv.io/3LHYIaH
Global Macro Investor: globalmacroinvestor.com
The Exponentialist: realvision.com/thefuture
EXPAAM: expaam.com
Connect with Real Vision™:
Twitter: rvtv.io/twitter
Instagram: rvtv.io/instagram
Get a FREE membership: rvtv.io/3Y4t5Pw
Disclaimer: media.realvision.com/wp/20231004185303/Disclaimer-1.pdf
#raoulpal #crypto #macro #macroeconomics #cryptocurrency #cryptonews #blockchain #web3 #nft #nfts #btc #eth #btcnews #bitcoin #bitcoinnews #bitcointoday #cryptotrading #cryptoinsights #cryptotips #cryptoinsights #macroinsights #realvision #solana #sol #solanasol #altcoins #bitcoinnews #btctoday #btcnews #sui #suicrypto #ethnews
