"Just from what I know from all of the institutions and all of the people I speak to, there is an enormous wall of money coming into this," says Raoul Pal, a former fund manager at Goldman, and currently CEO of Global Macro Investor. "The pipes aren’t there to allow people to do it yet, and that’s coming, but it’s on everybody’s radar screen and there’s a lot of smart people working on it."The global economy, says Pal, is headed toward the "insolvency phase" as it tries to recover from the pandemic. "We've got more problems to come in Europe, the U.S., and elsewhere ... And businesses don’t have enough cash flow, they’re closing in droves."The only answer, he says, is more money printing from the central banks, and that's going to be good for Bitcoin (BTC-USD). He's got more than half of his portfolio in the crypto, and believes it could
