Bankless · Wednesday, August 5, 2026
Mike Dudas contrasts the rapid, consumer-facing advancements in AI with crypto's slower progress in revolutionizing finance. He attributes AI's speed to readily available funding and a product-market fit that crypto is still striving for with sustained, long-duration use cases beyond speculation. He notes that changing finance is inherently harder due to incumbents and the catastrophic nature of mistakes.
“Maybe that's because AI is just... They're giving people the right product now, right? Just having raw intelligence that's better than, for example, Google searching, or giving me the ability to code, having never been a CS major or trained programmer. It's incredible.”
“And... crypto had a chance in the, from the 2017 era, 2021, 22 era. And I think we're both in agreement that we haven't given folks yet the right product that had long duration.”
“And... crypto had a chance in the, from the 2017 era, 2021, 22 era. And I think we're both in agreement that we haven't given folks yet the right product that had long duration. And, Again, we've talked about a few of the areas, but like Hyperliquid, giving folks a better way to hedge and speculate and get leverage on assets in a much better way than they can traditional financial markets.”