AI, Blockchain, and Deepfakes: Pantera Capital’s Sarcastic Take 🧠💰

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“AI, Blockchain, and Deepfakes: Pantera Capital’s Sarcastic Take 🧠💰”

AI, Blockchain, and Deepfakes: Pantera Capital’s Sarcastic Take 🧠💰

Crypto.news humbly approached the oracle of wisdom, Cosmo Jiang (AKA CJ), a general partner at Pantera Capital, for insights into how AI and blockchain might coexist—or more accurately, how they’ll probably fight like cats and dogs before realizing they’re meant to be BFFs. 🐱🐶

With AI predicted to balloon to a staggering $3.6 trillion in market value by 2034 (give or take a trillion), we couldn’t resist asking the guy who transitioned from Nova River to Pantera Capital how exactly this pandemonium is going to unfold.

CN: Is AI going to make scams even better…I mean scarier? Deepfake celeb scams are already a thing. Can the crypto industry, like, do anything useful here?

CJ: Well, duh. The world’s going to get flooded with AI agents, content, and probably a deepfake of your grandma endorsing Dogecoin. The key here is to figure out who’s human and who’s a bot—sort of like a dystopian Tinder for authenticity.

Enter our crypto saviors: decentralized AI. For example, BitMind does its part in saving humanity from getting duped by your favorite celeb’s synthetic lookalike. It’s part of Bittensor, a network that rewards nerdy teamwork on open-source AI. Their system is so accurate that even Terminator would give it a suspicious side-eye. 🤖

This is no ordinary setup—it’s decentralized, meaning “spread the work, spread the risk.” Unlike those pesky centralized systems, BitMind’s system has miners running around sniffing out deepfakes with algorithms that sound smarter than my last five Google searches combined.

CN: Cool, cool. But let’s talk about regulations. Or as we like to call it, government’s favorite party trick. Will there be new AI-and-crypto-specific bureaucracy?

CJ: Oh, how delightful! Yes, regulators will swoop in for a slice of this chaotic pie. But hey, it’s not all bad. Innovations soar when the red tape doesn’t turn into a full-blown fencing match. Oh, and let’s give a shoutout to the newly minted “AI and Crypto Czar” — the government role that sounds like it’s straight out of a dystopian Netflix series.

Finally, tell us about the AI-crypto love story. What’s getting Pantera all mushy and invested?

CJ: Oh, where to begin? Blockchain and AI are basically the peanut butter and jelly of the tech world—complementary, chaotic, and occasionally stuck to the roof of your mouth. Pantera’s putting money into projects like Bittensor and Sentient because they’re proving that open-source communities can build cooler stuff than those corporate fortresses pretending they came up with the wheel. 🚴‍♂️

Bittensor, for example, gives contributors actual token rewards—because nobody works for “good vibes” anymore. The global open-source crowd there reminds me of the OG Bitcoin community, except now they have better memes. 😂

Also, decentralized identity is trending big. Projects like World and Humanity Protocol are stepping up to help separate bots from humans before the internet turns into a Black Mirror episode. Oh, look! Sam Altman of OpenAI fame is pioneering “World.” If it works (fingers crossed), this protocol could save democracy, invent UBI, and also possibly babysit your future robot vacuum.

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2025-02-18 19:35