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Haseeb Qureshi

👤 Speaker
1759 total appearances

Appearances Over Time

Podcast Appearances

Bankless
Haseeb Quereshi: Crypto’s Not Made for Humans—It’s for AI

So I made this analogy recently at Eat Denver that if you think about who is saying this

Bankless
Haseeb Quereshi: Crypto’s Not Made for Humans—It’s for AI

Who was making the argument that smart contracts are this perfect replacement for the traditional legal system, for traditional property rights?

Bankless
Haseeb Quereshi: Crypto’s Not Made for Humans—It’s for AI

This story was being told by autistic software engineers who were the original people who built Ethereum, right?

Bankless
Haseeb Quereshi: Crypto’s Not Made for Humans—It’s for AI

Well, it turns out that's not very much like most users of Ethereum.

Bankless
Haseeb Quereshi: Crypto’s Not Made for Humans—It’s for AI

Most of them are not autistic software engineers, but AI agents are actually more similar to autistic software engineers than they're similar to the rest of us.

Bankless
Haseeb Quereshi: Crypto’s Not Made for Humans—It’s for AI

And so I think in a way, you can see how the idea that, okay, I'm going to negotiate a smart contract.

Bankless
Haseeb Quereshi: Crypto’s Not Made for Humans—It’s for AI

I'm going to go back and forth with you about every single individual term.

Bankless
Haseeb Quereshi: Crypto’s Not Made for Humans—It’s for AI

I'm going to statically analyze it and see all the different ways it could go wrong and maybe even formally verify it before I decide to agree to it.

Bankless
Haseeb Quereshi: Crypto’s Not Made for Humans—It’s for AI

That's exactly what quad code can do perfectly.

Bankless
Haseeb Quereshi: Crypto’s Not Made for Humans—It’s for AI

in the span of minutes.

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Haseeb Quereshi: Crypto’s Not Made for Humans—It’s for AI

Whereas as a human being, I need to go hire a software engineer and you spend a lot of time looking at all the code, thinking about all the edge cases, talking about it with my lawyers to do a risk analysis.

Bankless
Haseeb Quereshi: Crypto’s Not Made for Humans—It’s for AI

I'm not comfortable doing that with a smart contract relative to a legal contract.

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Haseeb Quereshi: Crypto’s Not Made for Humans—It’s for AI

But an AI agent might be actually way more comfortable doing it with a smart contract than with a legal contract.

Bankless
Haseeb Quereshi: Crypto’s Not Made for Humans—It’s for AI

The reality, and I pointed this out in this blog post that I wrote, a legal contract has all sorts of randomness built into it.

Bankless
Haseeb Quereshi: Crypto’s Not Made for Humans—It’s for AI

Okay, what is the randomness in a legal contract?

Bankless
Haseeb Quereshi: Crypto’s Not Made for Humans—It’s for AI

The randomness in a legal contract is when I sign a legal contract with you, I don't know what is the jurisdiction in which this legal contract is going to be enforced, right?

Bankless
Haseeb Quereshi: Crypto’s Not Made for Humans—It’s for AI

Maybe I'll say, okay, well, it's going to be in California because I'm in California, but you're in New York.

Bankless
Haseeb Quereshi: Crypto’s Not Made for Humans—It’s for AI

And so if you're in New York and I'm in California,

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Haseeb Quereshi: Crypto’s Not Made for Humans—It’s for AI

It's going to be a fight about where the case is going to get filed, right?

Bankless
Haseeb Quereshi: Crypto’s Not Made for Humans—It’s for AI

Oftentimes it is a fight.