Nathan McCauley ⚓(@nathanmccauley):AI tokens are priced in dollars and for the same capability the price drops by roughly 10x a year. Nobody keeps a treasury in something that loses 90 percent of its price every year. Agents will hold dollars and buy tokens the way a company holds dollars and buys electricity. The bank account an agent holds will matter more than the meter on its tokens.

Nathan McCauley ⚓

@nathanmccauley

Co-Founder and CEO Anchorage Digital @Anchorage #bitcoin#

가입 March 2009

1.3K 팔로잉 중 19K 팬

Nathan McCauley ⚓@nathanmccauley

2026.09.01 20:42

AI tokens are priced in dollars and for the same capability the price drops by roughly 10x a year. Nobody keeps a treasury in something that loses 90 percent of its price every year. Agents will hold dollars and buy tokens the way a company holds dollars and buys electricity. The bank account an agent holds will matter more than the meter on its tokens.