Decentralized AI Could Be Bigger Than Bitcoin! (Yes, Really! 😱)

by

Decentralized AI Could Be Bigger Than Bitcoin! (Yes, Really! 😱)

Imagine you’re at a fancy party, but instead of stuffy suits, everyone’s chatting about blockchain, AI, and how the good old days of venture capital are going the way of the dodo. That’s right, folks! The blockchain pioneers are now diving headfirst into decentralized AI, or as I like to call it, “AI on the loose, like a herd of cats in a dog park”. Ecosystems like Bittensor (TAO) are popping up faster than you can say “HODL”, turning traditional investment on its ear — no more gatekeeping, just community support, staking, and liquidity. Who needs Wall Street when you have the internet hotdog stand?

CryptoMoon had a fireside chat (well, not a literal fireplace, but close enough) with Chris Miglino, the big cheese at DNA Fund, a digital asset investment firm run by serial entrepreneurs Brock Peirce and Scott Walker — because who needs sleep anyway? DNA Fund manages not one, not two, but five different funds — from high-yield to algorithmic trading to the AI compute fund. It’s like a buffet of financial madness designed to serve both company and investor appetites.

During a fancy Toronto conference (because where else?), Miglino was practically bouncing on his seat about the AI compute fund. He said, “We’re all in on this TAO ecosystem, like kids in a candy store — but instead of candy, it’s bits and bytes.” That’s right! They’re *entrenched* in Bittensor, the open-source machine learning network that’s giving old-school AI a run for its money.

“What makes Bittensor special?” you ask. Well, their secret sauce is the subnets — tiny marketplaces for specialized AI and machine learning use cases, like a flea market, but for brains and binary. DNA Fund has shelled out around $50 million (that’s a lot of zeros!) to mine on these subnets. They’re not just sitting around; they’re *actively* building, talking, and ready to accept new partners in crime.

Decentralized AI is taking over everything — even our coffee addictions! ☕🤖

Miglino explains that decentralized AI — that’s AI without a boss, a king, or a top-hatted overlord — is now the main event at DNA House (which sounds fancy because it is). In fact, he humorously claims it’s “consuming everything we’re doing,” like an AI-sized Pac-Man. And hold onto your hats because he asserts it could be “bigger than Bitcoin,” and we all know how much everyone loves a good “bigger than” story.

Now, I hear you say, “Isn’t Bitcoin huge?” you bet! With a $2.1 trillion market cap, Bitcoin is basically the Godzilla of the crypto world. But Miglino says AI might be the next big thing — and he’s betting the farm (or at least a couple of Bitcoin) on it. After all, tech geniuses agree: AI will warp our world faster than you can say “Skynet” (but let’s hope not).

And the smart folks like Ben Goertzel from the early 1990s knew about all this before it was cool. He realized decentralization was key — back when floppy disks were a thing, no less!

Read More

2025-05-26 19:50