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Yongche Founder Zhou Hang: Cryptocurrency, Finally Its Time Has Come

Cryptocurrency, after years of being perceived primarily as a speculative asset or a complex technological curiosity, is finally finding its true purpose: not as money for humans, but as money for machines. While cryptocurrencies like Bitcoin and Ethereum failed to become practical daily payment tools for people due to volatility, poor user experience, and regulatory complexities, they are perfectly suited for the emerging Agent-to-Agent (A2A) economy. In this new paradigm, AI Agents autonomously transact with each other—purchasing data, API calls, or computational resources—using crypto wallets and smart contracts. They require no customer support, handle micro-payments efficiently, and operate across borders without traditional banking hurdles. Protocols like x402 are reviving the long-dormant "402 Payment Required" HTTP status code, enabling machines to negotiate and pay for services seamlessly within milliseconds. We are witnessing a fundamental shift: machines will use cryptocurrency as a high-frequency, efficient medium of exchange in the background, while humans continue to use traditional fiat currency for daily life. Cryptocurrency isn’t replacing the bank account; it’s becoming the silent, foundational layer of a new machine-driven economy.

marsbit04/05 07:10