Thoughs on Web4 $2.2b - 100% crypto on May 5. The same $2.2b - A16z frontier on Oct 22. The money did not move. Read Dixon's letter for what stayed: - stablecoins - programmable rails - machine to machine transactions - networks built for machines. Everything that stayed is money. - Web3 was own. - Web4 is act, the actor is not you. - Web4 is the internet where the counterparty is a machine with a budget. What money looks like when the user is a AI agent ✅ The primitive is a budget, not a wallet. An agent needs a unit that does not move while the task runs and a rule that reserves the cost before the call. Stablecoins win by default.

Rencrypta.eth (@Rencrypta) on XThoughs on Web4 $2.2b - 100% crypto on May 5. The same $2.2b - A16z frontier on Oct 22. The money did not move. Read Dixon's letter for what stayed - stablecoins - programmable rails - machine to machine transactions - networks built for machines. Everything that stayed is money. - Web3 wa…x.com