Yes you can.... level boosts??? You can literally pay real life money convert it to gold, and buy BoE's that other characters may not be able to buy because they don't have enough gold. And if everyone is buying tokens to pay for expensive BoE items then that drives up the cost of those items, essentially locking out poorer players from getting access to them unless they.... pay real money for tokens. This is basic economics
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you are splitting hairs here, the net result is the same. The fact is alot of players buy wow tokens and immediately sell them. If the gold flowed one way, i would agree with you. If i had enough gold to buy a token from a vendor and they token was soulbound fine. It's the fact that players can trade the tokens between themselves and the price of 1 wow token is pegged to 20 USD