Decentralized AI and Crypto: A New Era of Innovation in the US
A Pro-Crypto White House and Open-Minded Congress
A recent trip to Capitol Hill with the Digital Chamber has strengthened the hope for a pro-crypto administration in the US. The next few months provide a crucial window for the crypto and AI industries to shape the future of innovation in America. With a pro-crypto White House and an open-minded Congress, the US can become the “world capital of artificial intelligence and crypto,” as President Trump has pledged.
The Importance of Clear Legislation
Clear legislation is essential for the growth of the crypto and AI industries. The Financial Innovation and Technology for the 21st Century Act (FIT21) bill aims to provide a clear market structure framework to assess if a token is a security or a commodity. This legislation can help answer key questions: What is a security? What is a commodity? What is not a commodity or a security?
A major discussion point during the trip to D.C. was the need for a straightforward methodology for categorizing tokens based on activities. For example, a Layer 1 token designed to facilitate network activities should be categorized as a utility token.
Decentralized AI: Democratizing Access to Resources
Decentralized AI has the ability to offer resources that traditional AI structures cannot. Currently, resources are extremely centralized within Big AI and hard to access by new entrants, posing a threat to the future of Fair AI solopreneurs. Decentralized AI infrastructure provides access to more affordable resources needed to build the future of Fair AI entrepreneurs: data, compute, open-source models, and capital.
By incentivizing participants to share resources through decentralized networks, we can democratize access. Anyone around the world with extra GPU space or bandwidth can contribute to AI networks and get paid by doing so, bringing costs down for smaller teams and allowing contributors to earn by their contributions.
A New Era of Innovation
The future of innovation is here. Millions of builders will soon launch their side hustles, creating AI Agents and AI applications. They will use open-source models, power them with decentralized AI data and GPU, find a strong utility-based use case, launch a token to bootstrap liquidity, and start earning income through usage and fees.
Fair AI entrepreneurs will shape our society, create many job opportunities, and collectively create the next golden era for American entrepreneurship. If the US wants to remain at the forefront of AI innovation and attract top AI talent, policymakers must provide a clear path forward to build and grow those projects here.
Tips for Cryptocurrency Investors and Enthusiasts
- Stay informed about the latest developments in decentralized AI and crypto legislation.
- Understand the importance of clear legislation for the growth of the crypto and AI industries.
- Look for opportunities to invest in decentralized AI infrastructure and AI tokens.
- Support policymakers who are open to learning about AI and crypto.
“The future of innovation is here. Millions of builders will soon launch their side hustles, creating AI Agents and AI applications.”
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