Bitcoin Meets AI Agents And Everything Changes | Tillman Holloway & Andrew Parish

Tillman Holloway (0:00)

If you look at Bitcoin, but really all crypto, it holds a special use case as it pertains to repossession rights and how you can lock it up without tremendous repossession costs. And so you don't have that against real world assets. You don't have that against gold. You don't have that against any physical goods. Like think about going and repossessing a car.

If the car is not worth very much, it's more expensive to repossess it than the value of the collateral. And so that becomes an unlendable asset.

Anthony Pompliano (0:35)

What's going on guys? Today we got a great conversation with Tillman Holloway and Andrew Parish, they're the co-founders of Arch Public. And in this conversation, we go into some interesting topics. First, we talk about tokens. Did you ever think about the fact that there's compute tokens and there's tokens in crypto? What's the history of tokens? Why is it important? How's it gonna change your life? Why are the AI agents taking over at the intersection of AI, Bitcoin, crypto, tokenization and many other technologies that are all coming together in the exact same way? And then we talk about 24 7 markets, volatility, how these guys are investing and what they have built to help people navigate all of the future of finance. Here's my latest conversation with these two geniuses at Arch Public.

All right, Tillman, we've seen a huge surge in the interest of AI and Bitcoin. The intersection here, it is very obvious I think that the AI agent ecosystem is going to be way bigger than people thought, which means the addressable market for lots of technologies just got significantly bigger. What are you guys seeing when it comes to this intersection of AI, Bitcoin, crypto and the future of these digital technologies?

Tillman Holloway (1:33)

Yeah, I think it's a really interesting intersection of agents are going to be the prolific users of crypto.

Agents can be created instantly. They don't have to become adults to start using wallets.

Transactions for hash rate or for compute power, that's going to be the commodity that's going to be needed to be traded against most. And they need a forum by which they can do that tokens, if you will. That's what we actually call them right now. So that's one of the things that I think is just going to grow exponentially over the next five years. We're going to see it. But I also think that the debt attached to crypto and what it can be from a collateral perspective is probably the most interesting part. If you look at real estate, for example, and you say, okay, well, why have there been more millionaires created on the back of real estate in the US? It's because you can borrow against real estate very easily from any local bank. And there's a systematic flow of capital that allows them, those local banks, to sell that debt. And if you look at Bitcoin, but really all crypto, it holds a special use case as it pertains to repossession rights and how you can lock it up without tremendous repossession costs. And so you don't have that against real world assets. You don't have that against gold. You don't have that against any physical goods. Like think about going and repossessing a car.

If the car is not worth very much, it's more expensive to repossess it than the value of the collateral. And so that becomes an unlendable asset. And so if you wanna include the most people in the economy, you have to lower the barriers of entry, which crypto and specifically Bitcoin then become the most preferred form of collateral. Because it's the easiest to repossess and you can write smart contracts that govern specific things that have to happen. And if they don't happen, it's not a judge and jury that has to decide it through an expensive litigation process. It's literally a smart contract that decides instantly the settlement that takes place. So I think that when we start seeing crypto lending available to the general public, you're going to see a mushroom cloud of activity that's going to really follow. Because I think that the loan rates are going to be lower against that collateral because the repossession costs are lower and they're going to pass some of that on to induce usage is what my argument would be.

Andrew Parish (4:18)

Well, I think we're going to see a collision course of AI and finance much quicker than we think and I think that's going to be accelerated with 24-7 markets because they're coming and they're coming fast. The NYSE, the NASDAQ, the CME, all of the larger, let's call it pipes and levers associated with trading any asset across the United States have all signed deals and have all put out press releases saying we're almost ready to go on 24-7 trading. Well, how do you facilitate 24-7 trading when all the humans that do that from 9.3 to four are asleep from 9:30 p.m. to 4 a.m. anyways? Well, you're gonna have to have agentic tools, agents, if you would, that are facilitating that activity during that time period. So those systems are being built. Those systems, frankly, are being built here at Arch Public.