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Real Vision Podcast Network

Raoul Pal: The Journey Man

In 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.

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. Sign up for their webinar here
Learn more about your ad choices. Visit podcastchoices.com/adchoices

This Is the Recipe for a Successful Web3

In 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

This Is the Recipe for a Successful Web3! | with Farokh and Vi Powils

Raoul 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. 
Learn more about your ad choices. Visit podcastchoices.com/adchoices

“This Time IS Different for Crypto”

Raoul Pal sits down with Martin DeVido, creator of Sol the Tomato, who built a system allowing the AI model Claude to autonomously grow and care for a tomato plant using sensors, cameras, and automated controls. Raoul and Martin dig into machine intelligence, emotional behavior in AI, and how AI agents could reshape everything from agriculture to crypto-driven capital formation. Recorded on March 3, 2026.

And don't forget to check out The Arena, our new trade idea league. Get in on the action and you could be eligible for prices totaling $25,000. To learn more and join visit realvision.com/arena.

Today's episode is brought to you by Abra. 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 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

AI Is Now Farming — And It’s Just Beginning

The 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. 

Learn more about your ad choices. Visit podcastchoices.com/adchoices

We're Not Ready for This

Raoul 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.
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The AI Intelligence Tsunami Is Here

Raoul welcomes back Andreas Steno to dig into the macro big picture. From the business cycle and liquidity to Andreas's bar-bell approach to the market, they get into it all. Recorded on February 18, 2026.

Binance is the world’s leading blockchain ecosystem, trusted by over 300M users in 100+ countries. It offers an unmatched portfolio of digital asset products such as trading, finance, Web3, payments, and more. 
🔥 Learn more at https://binance.onelink.me/y874/realvison2

📣 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

Why the Nasdaq Could Surge Again

🔥 *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

Inside a DeFi Hedge Fund: Risk Management in a 24/7 Market ft. Evgeny Gokhberg

🔥 *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

The Metal Trade That Could Unlock AGI ft. Jordi Visser

🔥 *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

The Next Perfect Trade (And Why It Only Happens Once a Decade)

Christopher Calicott, the managing director and founding partner of Austin-based Trammell Venture Partners (TVP), joins Ash Bennington to discuss TVP's latest research on the growth of the Bitcoin-native startup ecosystem.
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The Growth of the Bitcoin Ecosystem w/ Christopher Calicott

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