Chainfeeds Summary:
Recently, the crypto industry seems to be discussing the same things as other tech industries, with many narratives emerging around AI agents. This article explores the impact of relaxed cryptocurrency regulations on the industry and the accelerationist bubble created by cryptocurrencies.
Source:
https://x.com/yb_effect/status/1860344384161743339
Author:
YB
Viewpoint:
YB: Relaxed cryptocurrency regulations: This week, SEC Commissioner Gary Gensler announced that he will resign on January 20. Over the past four years, Gensler has almost become the biggest bottleneck in the US crypto space. He not only slowed down regulation, but also actively cracked down on this emerging industry. Whoever fills this seat, one thing is clear: Trump has clearly stated that he will embrace cryptocurrencies better than the previous administration. Previously, one of the main concerns of developers in other tech fields was the uncertainty of cryptocurrencies. As the new government begins to embrace cryptocurrencies and provide clear regulatory policies, developers will soon explore cryptocurrencies in their strategies. Hopefully, in the next four years, pro-crypto politicians will do their utmost to make it easy and safe for people to adopt this technology. Accelerationist bubble: Packy argues in the "Trump bubble" that the next four years are a time to prepare for adventurous, visionary ideas and future optimism, as our views on progress are changing. Things will feel faster, crazier, and more experimental. As Byrne Hobart and Tobias Harris say, this phenomenon is called the inflection point bubble: investors believe the future will be radically different from the past, and invest in things that will benefit the most from this change. I believe that cryptocurrencies can become the financial pillar of the next inflection point bubble. As the situation in energy, AI, biotech, and gaming begins to heat up, the combination of AI agents and crypto tokens may increase the efficiency of trying new ideas by 10 times. In my view, the meaningful changes are the improved crypto infrastructure, the supportive regulatory environment for crypto, market maturity, and institutional adoption. The model of crowdfunding has been validated since the early 2010s when Kickstarter was founded. In fact, the technology and social consensus around this model may take time to develop. Now, a perfect storm seems to be brewing: positive changes in political management + the increasing maturity of cryptocurrencies and AI technology + the accelerationist bubble bringing a lot of ideas. Crypto-driven subsequent changes: One of the coolest things about the recent on-chain AI and GOAT narratives is that it "onboarded" some AI/LLM developers into the crypto space. Even people deeply involved in the AI field are trying on-chain AI through LLM developers to understand what's happening in the crypto space. In the coming year, we will see people from different tech verticals embracing cryptocurrencies and demonstrating the efficiency of the agent + token model for building large-scale products. Once we see some successful cases, others will excitedly try to throw out their own ideas, it's just a matter of time.
Source
