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Cryptocurrency
Raoul Pal under fire for calling NFTs the ‘best long-term store of wealth’
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Raoul Pal, a well-known macro investor and CEO of Real Vision, is catching flak for his bold claim that NFTs are the "single best long-term store of wealth." His statement, shared on social media and quickly circulated, has reignited debates in the crypto community—especially since it comes amid his broader argument about currency devaluation and the rise of digital assets. Critics are skeptical, given NFTs' volatile history and niche appeal.
Editor’s Note: Pal’s take is controversial because NFTs, while culturally significant, have been plagued by boom-and-bust cycles and skepticism about their real-world utility as investments. His comment matters because it pits high-profile crypto optimism against practical concerns—highlighting the ongoing tension between hype and fundamentals in the digital asset space. If someone like Pal is doubling down, it could sway retail investors, but it also risks looking out of touch if the market doesn’t agree.

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