The real fun starts when BlackRock realizes that BTC is, in fact, tokenized compute. BTC proof of work tokens = transferable proof of compute expended in the past. AI inference tokens = digital representation of compute to be consumed in the future. So an AI can accumulate BTC representing past compute, then spend it to purchase future compute. Past compute becomes future AI agency. Which means AI agency is constrained by compute costs at both ends of this stack. On one end, there must be enough inference compute available in GPUs and AI chips to execute the action. On the other, there must be enough BTC available to pay for that compute and everything else the AI needs to act. BTC can serve as that stockpile. It is the geopolitically neutral asset and network for that exact task. The business world already understands the first constraint. AI chips are massively oversubscribed because everyone understands that access to inference compute determines AI capability. What almost nobody understands yet is the second constraint. BTC is not understood as critical AI infrastructure yet because the market still categorizes it as "crypto" or "blockchain" tech thanks to years of tangential gambling shitcoinery It has not yet priced Bitcoin as infrastructure for metering, budgeting, and imposing costs on machine agency. Available inference compute determines what an AI can do. Available BTC will determine how much AI can afford to do. And the latter is a lot more scarce and valuable than the former. If AI security ultimately comes down to: 1. controlling access to compute, and 2. imposing costs on autonomous action, then Bitcoiners are already sitting on the world's largest infrastructure for the second half of that equation. The world understands why AI needs chips. It has not yet figured out why AI may need Bitcoin. When the market finally understands that distinction, the correction is going to be insane.