Raoul Pal: Crypto Is the Ownership Layer for the AI Economy — and 'Nothing Stops This Train'!

Real Vision founder Raoul Pal is calling the current moment a historic inflection point, arguing that AI and crypto are converging into a single infrastructure layer for the global economy — and that most people are still underestimating the speed of the shift. "We can own the infrastructure layer for the first time in history," Pal said, framing crypto as the ownership mechanism for a world increasingly run by AI systems.

Pal compared AI adoption velocity to "Metcalfe's law squared" — faster than the internet era — and cited data showing AI now produces more words annually than humans as evidence the transition is already structural, not speculative. He forecast the crypto market could grow from roughly $2.7 trillion today to $100 trillion within a decade, driven by tokenization, stablecoins, and blockchain rails that open financial markets to previously excluded populations…