How do agentic payments work? | Lincoln Murr, Coinbase
from Dry Run Hosted by Eshita Nandini + Khushi Wadhwa
The internet has had a status code reserved for payments since the 1990s. Nobody could implement it until AI agents needed wallets.Lincoln Murr, AI products at Coinbase, joins Eshita and Khushi to answer an important question: how do agentic payments work?We go from buying a VPN with Bitcoin at 12 years old to whether agents will run their own businesses.00:31 Trading a Target gift card for Bitcoin at age 1201:34 What x402 actually is05:23 How AWS, Vercel, and Cloudflare legitimized agentic payments06:45 Why every previous attempt at 402 failed08:36 Agents can't get bank accounts09:12 Chargebacks, fraud, and reputation systems11:40 Agentic payments as a revenue driver for AWS14:46 The 2020s shift from mobile to agents16:16 Solopreneurs running companies with fleets of agents17:45 Why every company will want its own settlement layer20:15 AI Advisors: regulated financial advice at scale24:41 Asking an AI for a delta neutral basis trade29:28 Agents buying premium data to make better trades
Embed this episode
No transcript yet.