Lark Davis: Why is BlackRock telling you the banks are finished?


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Source: Youtube Lark Davis

Type: Video

Published: September 27, 2026 at 12:04 PM (about 3 hours ago)

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BlackRock put out an 11 page research note arguing the traditional banking system cannot serve AI agents, because agents cannot open bank accounts or get credit cards and will need programmable settlement rails to move money on their own.

Marc Andreessen called it the grand unification of AI and crypto, adjusted stablecoin volume has already passed 11 trillion dollars, and the NEAR CEO has been saying for years that the users of blockchains will be agents rather than people.

BlackRock runs the largest Bitcoin and Ethereum ETFs on the planet, so it is describing a road it is already paving.

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