Bitcoin News Today: Raoul Pal Slams Financial Times Over Bitcoin Critique Cites Unmatched Asset Performance

Renowned investor and cryptocurrency expert Raoul Pal has launched a pointed critique of the Financial Times (FT), defending Bitcoin as the best-performing asset in history. In a July 25, 2025 social media post, Pal shared an FT article that dismisses cryptocurrency as a domain for “madcap gamblers, money launderers, and fraudsters” and urged investors to prioritize “boring” assets like cash and traditional investments. Pal responded sharply, labeling the FT’s stance as part of its “typical thing” and accusing the outlet of ignoring the role of Bitcoin as a hedge against dollar devaluation. He emphasized Bitcoin’s unprecedented performance relative to stocks, real estate, and commodities over decades, calling the FT’s criticism “angry old men who shake their fists at clouds.” The exchange underscores growing tensions between institutional critics of crypto and advocates like Pal, who frame Bitcoin as a transformative financial innovation [1].

Pal’s argument hinges on Bitcoin’s ability to outperform traditional assets amid persistent monetary inflation. He highlighted the cryptocurrency’s capped supply and decentralized structure as key advantages, contrasting it with fiat currencies vulnerable to devaluation. This perspective aligns with broader bullish forecasts, including Pal’s own prediction that Bitcoin could reach $118,000 within a decade and the crypto market expand to a $100 trillion asset class. Such projections are tied to increasing demand for “blockspace,” a term Pal uses to describe the value of digital real estate on the Bitcoin network [3].

Institutional adoption has further bolstered Bitcoin’s legitimacy, with Pal recently engaging with representatives from the United Arab Emirates’ sovereign wealth fund. During these discussions, he emphasized Bitcoin’s role in portfolio diversification and long-term value preservation, reinforcing his claim that it is the only crypto asset Wall Street recognizes as mature and battle-tested [5]. This aligns with his public advocacy for Bitcoin as a cornerstone of modern investing, despite skepticism from traditional financial gatekeepers.

Critics argue that Bitcoin’s volatility and speculative nature undermine its reliability as a store of value. However, Pal dismisses these concerns, asserting that Bitcoin’s annualized returns over decades far exceed those of conventional assets. He attributes this to its resistance to inflation and finite supply, which he views as structural advantages in an era of monetary experimentation. While forecasts like a $100 trillion market cap remain speculative, Pal’s advocacy reflects a narrative positioning Bitcoin as a financial revolution rather than a speculative fad [6].

Pal’s statements have resonated with a segment of the investment community, particularly as macroeconomic trends and institutional interest continue to drive crypto adoption. His visit to the UAE exemplifies a strategic push to engage with global investors, further cementing Bitcoin’s role in mainstream finance. The debate over Bitcoin’s merits versus its risks remains unresolved, but Pal’s unwavering support highlights its growing influence in redefining global asset classes.

Sources:

[1] [U.Today, "Bitcoin Is Best-Performing Asset in History: Raoul Pal"](https://u.today/bitcoin-is-best-performing-asset-in-history-raoul-pal)

[3] [FUTUNN.com, "Elon Musk's Tesla Sits On $284 Million Bitcoin Windfall"](https://news.futunn.com/en/post/59555381/elon-musk-s-tesla-sits-on-284-million-bitcoin-windfall)

[5] [LARA, "UAE"](https://laraontheblock.com/tag/uae/)

[6] [Binance Square, "AZAB-HHH's Profile"](https://www.binance.com/square/profile/zesheer)