Blockchains are the economic coordination substrate for all digital economic activity. Once you accept that, you have to accept that they’re vastly underpriced. Agents are going to do more of the buying, selling, negotiating and settling on our behalf, and its going to happen faster than anybody is ready for. This is the core of my Exponential Age framework, and my Everything Code framework is why it cant be stopped.  Agents are machines. A machine cant hold a share certificate or read a mortgage deed. It needs everything it touches to be a token it can read, hold and move in a fraction of a second. So everything gets tokenised... stocks, bonds, property, money, contracts, data, energy, the lot. Think about everything in the world that isnt a token today… All of that WILL become a token and get priced onchain. And all that value will settle on the L1. These are the infrastructure substrate, which is a different thing to the applications layer that sits on top of them, and a different thing to Bitcoin, which is the store of value layer.  At scale the L1s will run the whole global economy... and we wont even see it.