Raoul Pal said tokens linked to blockchains are often mistaken for products, but the real product layer is built on blockchain infrastructure. He compared block

BWB News TV • 2026-11-07 15:11 UTC • By Billy Odell Tucker-Robinson

Raoul Pal said tokens linked to blockchains are often mistaken for products, but the real product layer is built on blockchain infrastructure. He compared blockchains to internet and brokerage databases users rely on without noticing them.

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