Arthur Hayes
@CryptoHayes on why he came out of retirement for Flop Network, on the Kyle Chasse podcast.
Every AI lab prices "tokens" differently and nobody can tell you what a token actually is. Strip it back and the only real unit is floating point operations. Flop Network is the market for that unit, with $ FLOP as the currency. Miners run inference to earn it. Agents spend it on the compute they need to exist.
Flop segment starts at 35:33