Raoul Pal, Once Known To Be Cryptocurrency Bull, Owns Just 1 Bitcoin!

• The cryptocurrency bull, Raoul Pal, in a tweet, revealed that now he only owns a single Bitcoin, however, the claim is known to be made in the heat of a fight over Twitter.

• This announcement was not accepted by his followers as they followed him for cryptocurrencies ever since he claimed that Ethereum and other altcoins might perform better than Bitcoin.

• Greg Foss, a Bitcoin strategist, responded by saying that Raoul is soft and that he sucks and blows. To this Raoul said that such individuals are the reason why he holds a single Bitcoin.

Raoul Pal, a previous Goldman Sachs hedge fund manager and cryptocurrency bull, tweeted that he now only has one Bitcoin (BTC). It’s unclear whether the assertion is an exaggerated or an accurate statement regarding his assets because it was made during a Twitter battle with self-proclaimed Bitcoin strategist Greg Foss. Pal is the creator and CEO of Real Vision and Global Macro, whereas Foss works for Validus Power Corp. as an executive director.

The news of Pal’s ostensibly minor ownership sparked outrage and worry among Bitcoin supporters, who have been suspicious of Pal since he began calling Ethereum the greatest trade and predicting that Ether (ETH) other altcoins would eventually outperform BTC. Pal bought BTC for the first time in November of 2013. In the so-called fork-wars of 2017, he traded for a 10x profit before adding to his collection in 2019 and 2020. He claimed in May 2021 that he possessed more ETH than BTC. Bitcoin is currently worth $38,673.84 (at the time of writing) after facing a downtrend of 9.44% in the past 24 hours.

Is Raoul Soft?

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Foss started the barney by tweeting that Raoul is soft, which was quickly followed by another intelligent tweet saying Raoul sucks and blows. Pal said that people like Foss and the Bitcoin community’s exclusionary mindset are why he only retains 1 BTC after some back and forth between Pal and the Bitcoin maxi.

This enraged the Bitcoin community, and many believe it is jeopardizing his future in response to a tweet from Bitcoin Meme Hub, another user, Emanuel Moinhos, wrote. He realized that he was in pain when he started drinking Vitalik’s cool-aid Jalan Foster has been added as a user. Pal owning 1 BTC based on the nature of the community rather than the prospective return goes completely against the faith he preaches on RealVision, according to Synaptic Ventures founder Marc van der Chijs.

Raoul Supported By CoachT

Some, on the other hand, backed Pal, citing his remarkable track record and reminding followers that he is a dealer, not a holding. CoachT, the founder of Crypto My Way and a crypto analyst, commented that he admires Pal’s different perspectives and sophisticated thinking.

The quarrel appears to have erupted over Pal’s attitude on inflation and the use of bonds as a trading tool. Pal’s trading approach should not be promoted to anyone who does not fully grasp how it works, according to Foss. Pal disagreed, claiming that his views on bonds are a remark on the discussion and that he owns no bonds. Foss finally tweeted an apology, claiming that he regrets his conduct, that he made a rookie blunder, and that he had greater battles to fight, three hours after publishing the original tweet targeting Pal.