Arthur Hayes says no native AI agent currency exists; dev counters his Hermes agent already spends $TAO

markjeffrey · x · 2026-09-30

At Korea Blockchain Week 2026, Maelstrom CIO Arthur Hayes argued that no digital currency — including bitcoin and stablecoins — can currently serve as a native currency for AI agents, unveiling his Flop Network project to build an agent payments network.

Developer markjeffrey quickly pushed back: his Hermes agent already uses $TAO to buy digital commodities across seven different Bittensor subnets. "It works fine, Arthur."

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