Erik Voorhees

Crypto is machine money. We may indeed discover that we all built the crypto industry not for the humans among us but for the robots that came later. AI agents face massive friction using traditional banking (KYC, credit cards, identity verification) but can easily manage cryptographic keys and fractional token decimals. As agentic commerce grows, Bitcoin and native crypto assets will become the default reserve currency for machine-to-machine value transfer. Long Bitcoin as the foundational macro asset that will capture the baseline growth of the autonomous AI agent economy. Regulatory crackdowns on AI agents holding cryptographic wallets or interacting with decentralized networks could stifle adoption.

From a pure economic perspective, large-scale data-center inference will always be more efficient than running models locally because of economies of scale in industrial manufacturing and servers. Local inference should not be about saving money; average users will not run models at the edge because servers can run models far more intelligent for the same effort.

Apple is the rare company that decommoditized deflationary technology through brand, software/hardware symbiosis, and ecosystem lock-in, allowing it to charge premium prices instead of being fully undercut.

Venice chose to sell equity and keep the VVV token because the company holds more tokens than anyone and plans to make VVV deflationary through buybacks/burns; Voorhees argues this aligns equity and token holders and can send the token price up as the business grows.

What I'm looking forward to is agents starting to build DeFi apparatuses for themselves... financial primitives that work trustlessly transparently according to rules that everyone can see. AI agents cannot sign legal contracts or open traditional bank accounts, making DeFi the only viable financial infrastructure for them. As agents begin trading, lending, and yield-farming autonomously to maximize their own utility, blue-chip DeFi protocols will see a massive surge in non-human Total Value Locked (TVL) and transaction volume. Long foundational DeFi protocols that provide the permissionless liquidity and lending rails required by autonomous AI agents. Smart contract vulnerabilities could be exploited by adversarial AI agents, leading to catastrophic hacks and loss of funds.

What I'm looking forward to is agents starting to build DeFi apparatuses for themselves... financial primitives that work trustlessly transparently according to rules that everyone can see. AI agents cannot sign legal contracts or open traditional bank accounts, making DeFi the only viable financial infrastructure for them. As agents begin trading, lending, and yield-farming autonomously to maximize their own utility, blue-chip DeFi protocols will see a massive surge in non-human Total Value Locked (TVL) and transaction volume. Long foundational DeFi protocols that provide the permissionless liquidity and lending rails required by autonomous AI agents. Smart contract vulnerabilities could be exploited by adversarial AI agents, leading to catastrophic hacks and loss of funds.

What I'm looking forward to is agents starting to build DeFi apparatuses for themselves... financial primitives that work trustlessly transparently according to rules that everyone can see. AI agents cannot sign legal contracts or open traditional bank accounts, making DeFi the only viable financial infrastructure for them. As agents begin trading, lending, and yield-farming autonomously to maximize their own utility, blue-chip DeFi protocols will see a massive surge in non-human Total Value Locked (TVL) and transaction volume. Long foundational DeFi protocols that provide the permissionless liquidity and lending rails required by autonomous AI agents. Smart contract vulnerabilities could be exploited by adversarial AI agents, leading to catastrophic hacks and loss of funds.