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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

What happens to network effects?

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

What happens to the ways in which we think about, you know, this was a lot of what the viral Citrini article was talking about.

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

When AI automates discovery, how do companies compete with each other?

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

How do protocols compete with each other?

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

Because so many of their business models

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

are dependent or have this baked in assumption of human friction.

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

This idea that, well, a human's only going to look at three or five, or they're only going to look at the biggest one.

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

And so all you really got to do is get the biggest person and then they're sticky.

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

They're not going to want to look around any further.

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

But an AI agent doesn't necessarily think that way.

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

So I think a lot, if you assume that this story's true, a lot is gonna change about the way that protocols work, about the way that protocols compete, and who's gonna benefit from all of this?

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

The answer largely is the consumer benefits, right?

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

It's a big consumer surplus.

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

If all of a sudden this efficiency is getting captured by the user,

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

That's good for users.

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

It's good for crypto.

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

It ultimately means that like crypto users are going to benefit more and more and more from all the stuff that exists on chain, you know, but it's very counterintuitive how it's going to work and it's not going to happen all at once.

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

It's going to be a gradual process as these models get better and better.

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

And store it somewhere on the machine.

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

No, it's a great question.