Raoul Pal Says Ethereum's Value Lies in Assets Secured by the Chain
Global Macro Investor founder and CEO Raoul Pal discussed how to value layer 1 blockchains, using Ethereum as an example. According to ChainCatcher, he said that if Ethereum were shut down, stablecoins, DeFi, all layer 2 networks, and NFTs built on it would go to zero.Pal said layer 1 networks attra…