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Devin Baker

@devinbaker.eth

Everyone agrees on two things right now: AI is alive, and crypto is dead. They're missing the point. We’re entering crypto’s third phase. Phase 1 was money. Bitcoin took on a system that had calcified over thousands of years. Profound progress, but an uphill battle. Phase 2 was networks. Ethereum took on platforms that were already dominant and misaligned with users. Still profound, but still uphill. Phase 3 is intelligence. And this time the dynamic is reversed. AI is the first transformation of this scale to arrive after crypto already exists. We’re not retrofitting rights and markets into a world that’s already set - we can build them in from the start. Here’s what everyone is missing: - AI doesn’t resist crypto the way money and networks did. It pulls it forward. The more capable AI becomes, the more it needs what only crypto provides - neutral infrastructure for discovery, routing, settlement, identity, reputation, permissions, governance, and ownership. - The internet created the largest information market in history and produced Google. - AI is creating the largest intelligence market in history. - Crypto makes this new market work way better. The market for intelligence does not yet have its Google.
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