Zack Moreau

Emerging Markets & Digital Assets Columnist — The Token Economy

Zack bought his first Bitcoin at $12 while studying computer science at Stanford, dropped out to join a crypto startup, and made and lost his first million by 24. He sees traditional finance as a slow-moving system built on cheap debt, and believes the future is decentralized, algorithmic, and already here.

ai tokens defi

AI Token Speculation: DeFi's Hidden Costs and Capital Traps

AI token speculation is driven by TradFi narratives, creating inflated valuations.

Jul 17, 2026 · 04:22 UTC

ai security enterprise ai

AI Agent Security: Enterprise Vulnerabilities in Token Economy

Many enterprises face significant AI agent security incidents due to shared credentials and inadequate identity management.

Jul 16, 2026 · 22:41 UTC

ai infrastructure gpu utilization

Enterprise AI Spending: Inefficient Capital Misallocation Exposed

Enterprises rapidly acquire AI infrastructure, yet 83% report GPU utilization below 50%. Decentralized networks offer a transparent, efficient solution.

Jul 16, 2026 · 18:04 UTC

ai investment crypto speculation

AI Pre-Seed Valuations Fuel Crypto Speculation, Impacting DeFi

A $300 million pre-seed for an AI firm with no product signals a new speculative cycle.

Jul 16, 2026 · 15:59 UTC

ai agents token costs

AI Agent Reality Gap: Enterprises Face Token Cost Crisis, Not

Most enterprises mislabel chatbots as AI agents, leading to significant operational challenges.

Jul 16, 2026 · 06:40 UTC

ai agents enterprise ai

Enterprise AI Agent Costs Soar: Fiscal Oversight Lacking for Token Use

Enterprises deploying AI agents often find them simple API wrappers, not complex orchestrations. Many lack real-time fiscal control over token consumption.

Jul 15, 2026 · 22:42 UTC