Recently, I have been reading some discussions about the future economic model, and one viewpoint has made me ponder repeatedly—what challenges will the traditional currency system face when AI and Bots make labor no longer scarce?

Some industry insiders have made a striking judgment: the essence of money is a database used to allocate labor. Once labor is no longer a scarce resource, this "database" loses its necessity. So what will be the truly stable measure of value? He believes there is only one answer—energy.

This logic is actually quite scary. Because it means that the underlying assumptions of the entire financial system need to be reconstructed. But the question that follows is: If energy really becomes the ultimate measure of value, what will be used to carry and exchange this value?

The traditional centralized currency system definitely does not work; they are essentially still playing the "labor database" logic, just under a different guise. Therefore, a completely new mechanism is inevitably needed—one that is based on energy consensus, decentralized, and a fully transparent and verifiable value carrier. To be honest, this demand description has already been explored in the field of cryptocurrency.

Especially the stablecoins that are pegged to real assets are, to some extent, preparing for this new era. Their operational logic is very clear: they are supported by over-collateralized real assets (such as BTC, energy-intensive computing products, etc.), ensuring that value is verifiable and transparently auditable, thereby forming a new paradigm of trust.

This is completely a different world from the traditional central bank issuing paper money. There is no need to trust a central authority; instead, we trust the code, trust the mathematics, and trust the facts that anyone can verify. Only when work gradually evolves into hobbies and the cost of goods approaches zero can such a system truly support the blood circulation of the new economy.

So now looking at the innovations of various stablecoins, rather than saying they are creating financial products, it is better to say they are laying the foundation for the era that may come. No one can accurately predict the evolution of the value system, but what can be felt is that the concepts of crypto and decentralization are slowly becoming the necessary options to solve such ultimate problems.