- Bitmine Chairman Tom Lee predicts that blockchain use will explode as economies shift to robot-driven models.
The era of agentic AI (artificial intelligence) is upon us. Tom Lee, Chairman of Bitmine and Co-Founder of Fundstrat, doubles down on his prediction that blockchain will emerge as the foundational layer of a robot-driven economy.
Transition to a Machine-to-Machine Economy
Lee highlighted during a recent summit that the world is gradually moving away from an internet built for humans toward one populated by AI agents. He explained that as the “robots” operate beyond human limitations, financial and digital infrastructures will inevitably scale to accommodate the more elevated internet traffic.
The scenario will eventually lead to broader adoption of blockchain technology. Its high throughput, efficient transaction rails, deep liquidity, and programmable smart contracts will allow optimization of machine-to-machine interactions at an unprecedented level.
“Robots are going to dominate internet traffic, and that’s where blockchain is more effective than traditional rails,” said Lee.
Ethereum in the New Agentic AI Economy
One of the key reasons why Bitmine Immersion Technologies, a company Lee leads as chairman, is betting big on Ethereum (ETH) is its huge potential to stand out in the upcoming agentic AI economy. Time and again, Lee emphasized that the blockchain’s neutrality, decentralization, high programmability, deep liquidity, and resilient smart contract ecosystem are key to its massive adoption as the definitive settlement layer for both global finance and AI-based economy.
Ethereum remains the top chain by total value locked (TVL). According to Coingecko, it has $41.39 billion in TVL, accounting for over 53% of the $77.97 billion decentralized finance (DeFi) ecosystem. Next to it are BNB Smart Chain, with approximately $5.58 billion, and Solana (SOL), with $5.24 billion in TVL.
Taxing the Robots
Early this year, Lee revealed that there’s a structural shortage of prime-age workers. Beyond agentic AI transactions, he believes robots will also dominate the workforce in the next 10 years.
The entrepreneur called it a “big unlock” in the real world. He projected that besides boosting production, robots will likewise present the government with a new source of tax revenues. Interestingly, he boldly claimed that the event would cause the US government not to tax people anymore.
Furthermore, Lee pointed out that robots will generate a lot of surplus that people will no longer need to work. Instead of the people, the government can tax the robots based on their activities.
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