Rao started investigating Bitcoin and blockchain in 2012 after witnessing the near-collapse of the European banking system and realizing that existing financial solutions were inadequate, initially exploring creating a bank with no fractional reserve lending.
factualpending
Speaker
Rao PalEvidence Quote
“i was in spain in 2012 when we almost lost the banking system across all of europe and i realized that we had no solutions and i started looking around at creating the world's safest bank”
Source
The Real Vision Crypto Story: Understand the Future of Everything (w/ Raoul Pal)— Real Vision PresentsCreated: 8/12/2026, 6:18:18 PM
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