Writing

Essays and notes on the commercial side of AI, Bitcoin, and frontier technology.

Agent payments have a three-body problem

Visa, Mastercard, and PayPal shipped agent payment products. Read the fine print and it's the same system with an agent-shaped UI. The real battle is political.

Nothing enforces your agent's rules

Agent skills carry rules with no enforcement underneath. The skill layer is a trust layer—you write the instructions, the model reads them, and you hope.

I know Kung Fu

A SKILL.md file turns an agent into a specialist instantly—no training run, no fine-tuning. Skills are distribution channels, and the authors are the new buyers.

Nobody knows how to price for agents

The SaaS debate isn't proprietary AI vs. open. It's that neither path offers a pricing model that works.

SOUL.md and MEMORY.md are the new hearts and minds

Agent-driven discovery replaces ad-driven attention. Products must be legible to SOUL.md and memorable to MEMORY.md—you can't buy placement in either file.

AI changed what a product is

AI agents and open protocols broke the assumption that products have edges, with consequences for positioning, pricing, and competitive dynamics.

Revenue isn't a sales problem

When revenue stalls, sales gets blamed because it's visible and measurable. The actual constraint usually lives upstream.