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Three years ago @Jamie1Coutts and I were getting laughed out of rooms for saying blockchains would service the agentic economy. Now portfolio managers and asset allocators are having to wake up to it. In the early days the whole conversation was adoption. We used to debate whether we’d be at 700 or 800 million users by now. But it turns out it doesnt matter, because what was being built was something far bigger than the numbers we were tracking. The real TAM of crypto isnt humans... its agents. Which essentially means it's infinite. They dont have bank accounts and they dont keep business hours, so the only rails they can run on are programmable ones. Its becoming really fucking clear. This is the crux of my Exponential Age framework. An entirely new economy is being built for machines with its own money and its own rails. David Mattin and I map it every week at The Exponentialist. Sign up here: https://t.co/8ZLZCY6EXx