@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.