Consensus view: agentic AI is an OpenAI / Anthropic / Google story. My view: the model layer is the commodity. The payment layer is the moat. Here's the thing nobody is talking about. The moment agents start transacting autonomously at scale, you have a problem the existing financial system literally cannot solve: 1. Agents can't hold credit cards 2. Agents can't open Stripe accounts 3. Agents can't subscribe to 400 APIs on your behalf 4. Agents transact in fractions of a cent, billions of times a day Visa's rail costs ~$0.30 per transaction. The economics break before they begin. There's one protocol designed for this exact problem: L402. HTTP 402 Payment Required + a Lightning invoice + a bearer credential. Agent pays sats, gets the resource, moves on. Settlement in ~1 second. Cost: fractions of a penny. The agentic economy doesn't run on dollars. It can't. The math doesn't work. It runs on Bitcoin.