Michael Nicolletos
π€ SpeakerAppearances Over Time
Podcast Appearances
And I think this race will continue to dominate how things evolve from now, from here on.
That's I think the basic issue that we need to look at.
Now, of course,
Productivity, efficiency, AI agents, transacting, GDP growth are all in the same puzzle.
But the first line of risk or of threat or of priority is securing your country.
So crypto was a technology that was being built in search of a solution.
The first killer app for crypto was Bitcoin.
The second killer app for crypto is stablecoins.
So now you have two killer apps, which you know are here to stay.
What you're asking is what we do from here from now on.
What is clear to me and with AI agents is even more clear that Bitcoin
KYC, now in order for you to open a bank account or do anything, you need to go through a KYC, right?
KYC means know your client for those who don't know.
Everyone has gone into a bank to open a bank account and they know what documentation is needed.
Please bring me your electricity bill.
Please bring me proof of address.
All the stuff that the bank asks in order to verify that it's you who's opening the account.
Now, in an AI agent world, AI agents will be assigned either to persons or to corporations.
So your AI agents will need to go through KYC as well.
Because if an AI agent does something, who's responsible for it?