A16z’s 2024 State of Crypto Report is out!

My key takeaways: The rise of AI is creating a thousand issues around authenticity, and the only tool to address them is cryptography.

We have Bitcoin to replace gold, stablecoins to replace the dollar, Ethereum to replace financial system, and Farcaster to replace social networks like Facebook. The only thing AI needs to challenge centralized giants is a decentralized version of AI, which we’ll soon be witnessing.

The future of crypto has never looked so promising. What do you think about this?