- Raoul Pal is currently the CEO and founder of Global Macro and Real Vision. His opponent in the feud, Greg Foss, is the executive director for Validus Power Corporation.
- This revelation made by Raoul Pal about his meager holding of Bitcoin has caused a storm in the Bitcoin community.
- The true believers of Bitcoin, who looked up to Raoul Pal, have disliked the former Bitcoin fan after he started referring to Ethereum as the “greatest trade” and mentioned that Altcoins and Ethereum would eventually outperform Bitcoin.
The former hedge fund manager for Goldman Sachs shocks the entire world with his Twitter post claiming that he currently holds just one Bitcoin in his possession. Since this claim was made during an argument that struck between Greg Foss, a Bitcoin Strategist, it might be a bit difficult to put the finger on the truth in the statement. It isn’t clear whether the statement was an exaggeration or he spoke the truth about his holdings. Raoul Pal is currently the CEO and founder of Global Macro and Real Vision. His opponent in the feud, Greg Foss, is the executive director for Validus Power Corporation.
This revelation made by Raoul Pal about his meager holding of Bitcoin has caused a storm in the Bitcoin community. The true believers of Bitcoin, who looked up to Raoul Pal, have disliked the former Bitcoin fan after he started referring to Ethereum as the “greatest trade” and mentioned that Altcoins and Ethereum would eventually outperform Bitcoin.
The first purchase made by Pal of Bitcoin was in the year 2013 in the month of November. He sold the coins for ten times the profit in the 2017 “fork wars.” Although, he did miss out on a bigger profit which was supposedly happening later the same year. He again added bitcoin to his collection in the year 2019-2020. In the month of May, Pal made the confirmation that he had more Ethereum than Bitcoin under his possession.
The Twitter Feud Between Greg Foss and Raoul Pal
The argument resulted from a tweet made by Greg Foss that Raoul has turned soft. He followed it will other intellectual series of tweets attacking Pal after that. Right after some bantering between Pal and Foss, Paul made a post that people from the Bitcoin community like Greg Foss have an exclusionary ideology, and that is why he holds just one Bitcoin under his possession. This tweet has caused the Bitcoin community to religiously lose faith in Pal. Most people believe that he has let emotions take the lead and cloud his logic. One user named Emanuel also tweeted, “His feelings are hurting his future.” This tweet was a reply to the Bitcoin Meme Hub tweet made by another user named Jalan Foster, which was “I knew when he started to sip Vitalik’s coolaid he was a goner.”
Marc van der Chijs, the founder of Synaptic Ventures, raised another tweet that Raoul Pal only has one bitcoin under his possession is going against the things he preached on RealVision. However, despite such hate, some support Pal as well. People have mentioned how his track record has always been impressive. People have also mentioned that Pal isn’t a holder of digital coins but a trader. Not just that but the founder and analyst of Crypto My Way appreciated the intelligent thinking and diverse views of Pal.
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It has been revealed that the banter was started by Greg Foss after an initial disagreement on some anecdotes shared by Pal about the bonds and inflation. Foss explained that he wasn’t in support of the fact that Pal was promoting his strategies about trading, and others wouldn’t even understand the whole thing. Pal didn’t agree with the statement made by Foss, saying that his strategies and views about different bonds are actually a trade front and not just philosophy. Pal revealed that he isn’t an owner of any bonds despite this comment. Just hours after making the first insulting tweet about Pal, Foss eventually made an apology mentioning his regret over the past actions and saying that his attacks were a “rookie error.”
