00:25 – Intro: Raoul Pal

01:05 – Real Vision: why it started after the GFC/Euro crisis

02:06 – Democratising finance content; early crypto coverage

03:41 – Bootstrapping video: “we knew f*** all” era (2013–14)

04:45 – Word of mouth growth; mistakes + learning media/tech

06:40 – Art + NFTs: desire to be part of a cultural movement

09:05 – Crypto Twitter as daily culture; priceless long-term record

10:33 – What is “consensus”? Attention as the driver

13:00 – Influencers vs. durable consensus (fleeting vs. lasting)

14:32 – Do we need museum/gallery validation? Two worlds emerge

16:36 – Museums, value, and attention

17:19 – Counterpoint from museum practice; cultural significance

18:37 – Once museums act, value follows; UK institutions lag on digital

20:56 – Egalitarian internet: anyone can show, few will sell

22:19 – Raoul’s barbell thesis: ultra-culture ↔ frontier tech

24:10 – Living with digital art; display that works vs. doesn’t

25:33 – XCOPY supply dynamics; Beeple’s opposite path

28:05 – Die With The Most Likes: world-building & collector bonds

29:57 – Explaining it to the “old world”; youth curators & A&R analogy

30:52 – People will write the art history; institutions must adapt

32:27 – Contemporary art attention collapse; digital shows done poorly

33:48 – Onboarding wealthy collectors: friction + sticker shock

35:48 – Curation, custody, and NFT funds as bridges

37:22 – Can outsiders “feel it” without the chats? Not yet

38:52 – Is recommending digital art scary? On risk & Lindy effects

40:19 – The collector’s journey: pain → pride → taste

41:57 – Where are we in the NFT art cycle? Re-ratings ahead

43:45 – Token incentives = attention fuel, but fleeting

44:48 – Toward automated, attention-driven art funds (later)

46:11 – Shiny objects vs. signal; what the experiments teach

48:00 – AI upends moats; community as the moat

49:39 – One-to-one media future; end of “one-to-many”

51:00 – Human connection, shared experiences become scarce

51:40 – Art as cultural capsule in an AI world

53:06 – Marfa event as a “marker stone”

54:13 – Small world energy; one degree of separation

55:18 – Thanks + closing…

55:37 – One last Q: why Raoul goes against the grain

56:05 – Rebellion roots; living in the future

57:38 – Do it differently; travel > prestige paths

59:50 – Be yourself in the age of AI; find your voice

01:00:26 – Comfort zone ≠ where the magic happens

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