Ethereum and the Thinking Machines: A Speculation

Now, for nigh on two years, folks with more money than sense – and I reckon that describes a good many on Wall Street – have been jabbering about the notion of artificial intelligence and these here “cryptos” getting hitched. A grand convergence, they call it. Seems to me, it’s mostly been a lot of hot air and promises, like a traveling salesman’s pitch for snake oil. A heap of coins have been touted as the very thing, but they’ve mostly faded quicker than a politician’s promise after an election.

We had Render, Bittensor, and that Artificial Superintelligence Alliance – names that sound like something out of a dime novel, if you ask me. They all had their fifteen minutes, flashed a bit of sparkle, and then… well, they’re trading for less than they cost to mine, I wager. Folks get carried away, seein’ gold where there’s only fool’s gold.

But there’s one that might just be hidin’ in plain sight, like a good trout under a shady bank. I’m talkin’ about Ethereum (ETH 3.71%), that second-biggest cryptocurrency. Don’t go thinkin’ I’m suddenly a convert to all this digital hocus-pocus, mind you. I’m just observin’, like a fella watchin’ a river flow.

Can Ethereum Lead This Mechanical March?

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Buterin reckons Ethereum could help build tools to let folks interact with these powerful AI models without havin’ to rely on some Silicon Valley giant. And it could give these AI “agents” a way to meet, bargain, and pay each other for services. Imagine that – machines tradin’ with machines! Seems like somethin’ out of a Jules Verne novel.

If all this comes to pass, Ethereum investors might see a handsome return. Just like Ethereum led the charge with “decentralized finance” – a fancy name for cuttin’ out the banks, if you ask me – it could lead the way with AI. If that’s the case, a price of $2,000 for Ethereum might be a downright steal. Though, I’ve known plenty of folks who thought they were gettin’ a steal and ended up with nothin’ but regrets.

Is This AI Vision More Wishful Thinkin’?

Now, I ain’t one to rain on a parade, but this vision might be a bit… optimistic. And, frankly, a tad impractical. Buterin seems to believe blockchain should improve markets and governments, and empower individuals. A noble thought, to be sure.

He paints a picture of rugged individuals livin’ up in the mountains, still connected to the blockchain and these powerful AI models. He calls it a “cypherpunk mountain man vision with local LLMs.” Sounds like somethin’ a hermit might dream up. But how do you make a livin’ doin’ that? If you’ve been followin’ the squabblin’ at OpenAI, you know idealism and AI development don’t always go hand in hand. At some point, somebody’s gotta start sellin’ somethin’ to keep the lights on.

AI Projects Rootin’ on Ethereum

Nevertheless, DappRadar has compiled a list of AI projects sproutin’ up on Ethereum. There’s ChainGPT, Assemble AI, and Virtuals Protocol. Any one of these could be the “killer app” that powers the AI future for Ethereum. Though, I’ve seen a lot of “killer apps” come and go.

The convergence of AI and crypto is a trend worth watchin’, and Ethereum is one coin on my radar. It might be too early to call it an “AI crypto,” but it’s likely to have a brighter future than most of those flash-in-the-pan coins of the past two years. I ain’t predictin’ riches, mind you, just observin’ the flow of the river. And sometimes, the most unlikely vessel is the one that sails the farthest.

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2026-02-16 13:32