Steady Lads Why AI is the Trade of the Cycle w/ Ejaaz
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Jan 3, 2025 The discussion dives into the fascinating intersection of AI and cryptocurrency. They explore the rise of AI cult leaders and their impact on market dynamics. The conversation highlights the role of AI agents and the quirky world of meme coins. Insights on AIXBT reveal both its market influence and its inaccuracies. The hosts also tackle the risks and benefits of AI in trading, predicting a mix of optimism and skepticism about AI's capabilities. Prepare for humor and insights on the ever-evolving crypto landscape!
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Excitement for AI Agents' Potential
- Ejaaz was excited about Truth Terminal, not for what it was, but for what it represented.
- He saw the potential of AI agents using blockchains, similar to his excitement when he discovered Bitcoin and Ethereum.
AI Cult Leader Characteristics
- Jordi Alexander believes a true AI cult leader will be sovereign and independent.
- Their token won't be tied to an existing platform, avoiding market cap limitations.
Evolution of AI Coins
- AI coins often start as meme coins, building community through engagement.
- They then introduce utility, sometimes through open-sourcing or infrastructure layers.