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The Breakdown

Crypto Can Build The Agent Economy | The Breakdown

The Breakdown

Blockworks

Business, Investing

4.8806 Ratings

🗓️ 19 February 2026

⏱️ 28 minutes

🧾️ Download transcript

Summary

Daniel Shapiro joins to break down why AI and crypto may be destined to converge — from agent payments and identity to privacy, data markets, and the next big investable primitive. Thanks for tuning in! As always, remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely their opinions, not financial advice. – Follow Blockworks Research: https://x.com/blockworksres Follow Daniel: https://x.com/_dshap Follow David: https://x.com/dcanellis — Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ —-- Timestamps: (00:00) Introduction (04:17) Can AI Be Crypto’s Lifeline? (02:43) AI-Native Payments (06:35) Agents as the New Target Customer (10:54) Agent Trading and Security Concerns (13:00) Consumer vs Enterprise (16:14) DAS Promo (17:03) Will Crypto and AI Merge? (21:40) Tokens in the AI x Crypto Stack - - Disclaimer: Nothing said on The Breakdown is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Host and guests may hold positions in the companies, funds, or projects discussed.

Transcript

Click on a timestamp to play from that location

0:00.0

If we are going to live in this future of billions of AI agents popping up and autonomously

0:06.3

conducting economic activity between each other, they need a way to verify with the people

0:12.1

that they're interacting with, the other agents that they're interacting with. And so AI kind of makes

0:17.5

everything really free and cheap and allows things to scale, but trust becomes scarce

0:23.7

in that future. What blockchain brings to AI, right, is trust. Welcome to The Breakdown. I'm your

0:29.9

host David Canellis. The following conversation flows on from a recent episode all about the

0:34.1

intersection of AI and crypto and how new financial primitives might be the key to escaping the supposed permanent underclass.

0:40.7

For the best viewer experience, it's worth going back and checking it out if you missed it.

0:44.5

And don't forget to hit like and subscribe so you don't miss anymore.

0:47.2

And with that out of the way, let's start the show.

0:59.3

Nothing said on the breakdown is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only and any views expressed by anyone on the show

1:02.7

are opinions, not financial advice.

1:04.2

Host and guests may hold positions in the company's funds or projects discussed.

1:07.0

Thanks for joining us, Daniel.

1:08.2

Welcome to the show.

1:09.2

Thank you so much.

1:10.2

Thanks for having me. Cool. So I mean, I'll address. Welcome to the show. Thank you so much. Thanks for having me.

1:16.0

Cool. So, I mean, I'll address the elephant in the room. Like, the market is tanking. Bitcoin is down and the rest of the crypto market with it. So like how much of this is cope that maybe, you know, an AI primitive can save crypto from the blood in the streets?

1:29.0

No, for sure. I mean, I think that I actually think a lot of this,

1:32.6

the selling is driven by, right, OG bitcoins that could be transitioning their mining operations

1:39.6

to AI. So I think that AI is the place to look here like you're identifying.

1:45.0

And I think right now, there aren't a ton of very obvious connections between the two technologies,

...

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