Emad Mostaque

So I think that there was a lot of promise, a lot of really intelligent stuff, a lot of good stuff around the distributed side, but then an over-focus on decentralization for the sake of decentralization with massive overheads, a lot of quick buck people kind of coming in and trying to boost it up, and a lot of systems were just misaligned because they didn't learn, like, you don't do a fully decentralized flat democracy, you have a representative democracy and things like that.

So things like DAOs just turned out to be dozed, decentralized organizations rather than autonomous organizations.

you to as you you're effectively embodying it and giving them agency as you were talking about yeah and you know the question is do we use a blockchain for that and then have a global system of record or even a regional system of record or do you use a database for that right like the whole thing was systems of record and and an era where you can create anything for increasingly close to zero something becomes important having a system of record becomes important

Is it going to be a blockchain?

Is it going to be a trusted database?

I'm not sure.

Right?

Is identity going to be important here?

100% absolutely.

And again, that for me was always at the core of Web3 crypto.

It was verifiable identity.

Bitcoin is just identity to identity transfer of value.

And what happens if something goes wrong?

You know?

No man need it.

So I think a lot of the principles from Web3 will translate over to this new type of AI, especially because it enables distribution of knowledge.

It enables knowledge to go to the edge.

It enables agents to operate independent of massive infrastructure.

Yeah, you can have a trusted database.

Again, we're part of content.