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Cryptocurrency News Articles

DCG Founder Barry Silbert Stated That the Future of Decentralized Artificial Intelligence (deAI) Is Very Big, Even More Than Bitcoin

Feb 08, 2025 at 10:33 am

Digital Currency Group (DCG) founder Barry Silbert stated that the future of decentralised Artificial Intelligence (deAI) is very big, even more than Bitcoin.

DCG Founder Barry Silbert Stated That the Future of Decentralized Artificial Intelligence (deAI) Is Very Big, Even More Than Bitcoin

Digital Currency Group (DCG) founder Barry Silbert believes that the future of decentralized artificial intelligence (deAI) is “very, very big,” even surpassing that of Bitcoin. In a recent Twitter thread, Silbert predicts that deAI could usher in the next major era for the digital assets market.

Silbert’s interest in deAI is evident as he reveals that DCG has already invested nearly $105 million in over a dozen deAI projects. Furthermore, the company plans to continue funneling capital into this emerging sector.

One notable deAI project that DCG has supported is Bittensor, which Silbert describes as the “World Wide Web of AI.” He likens Bittensor's $TAO token to Bitcoin in terms of its potential to tokenize an entire protocol and generate a network effect.

Silbert's enthusiasm for deAI stems from its ability to tokenize an entire protocol, as opposed to a single application or service. He believes that protocols are the “digital legos” that enable endless possibilities for innovation.

Moreover, Silbert highlights the importance of decentralized ownership in the context of artificial intelligence, arguing that it aligns with the ethos of Web3 and counters the risks associated with the concentration of AI power in the hands of a few large corporations.

In other related news, the SEC has postponed the application for Ethereum ETF options filed by the top fund manager BlackRock. According to Bloomberg ETF Eric Balchunas, this decision is linked with the current leadership of the SEC body.

The SEC body is probably awaiting the confirmation of Paul S. Atkins as the new SEC chairman. Currently, Mark Uyeda is the acting chairman of this agency.

Meanwhile, Donald Trump is set to introduce reciprocal tariffs to counter the unfair taxes placed on U.S. goods by other countries. Although Trump didn’t mention any country, his statement suggests that the tariffs will impact EU member countries.

Finally, the CFTC will launch a digital asset markets pilot program, focusing on tokenized non-cash assets like stablecoins. The program aims to integrate digital assets into traditional finance.

Original source:bitcoinik

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