“I believe that the next big wave in crypto is going to be the convergence of AI and crypto,” said Silbert, who is the founder and CEO of crypto conglomerate Digital Currency Group, on a Tuesday panel.
Silbert is so excited about Bittensor that he’s started a new company called Yuma that’s dedicated to the protocol and its associated cryptocurrency TAO. “I want to open up the development and the access to AI and Bitensor is enabling that,” he said. “It is the thing that I’ve gotten most excited about since Bitcoin.”
In 2012, Silbert discovered Bitcoin and soon spun up a new company called Digital Currency Group, which included subsidiaries like the popular crypto news publication CoinDesk, a crypto trading and lending arm called Genesis, and Grayscale, a crypto ETF issuer. Digital Currency Group eventually sold CoinDesk to the crypto exchange Bullish, and, in July, Grayscale confidentially filed to go public.
Silbert’s crypto empire suffered significant setbacks amid the “crypto winter” that followed the collapse of the crypto exchange FTX, but he has since returned back into the public eye to boost Bittensor and Yuma, his new company dedicated to decentralized AI.
“In the way that the internet was the world wide web of information, Bittensor is creating the world wide web of intelligence,” he said.