Barry Silbert, Founder of DCG, Labels Decentralized AI as a Revolutionary Opportunity with Impact Potentially Greater than Bitcoin

Barry Silbert, Founder of DCG, Labels Decentralized AI as a Revolutionary Opportunity with Impact Potentially Greater than Bitcoin

Barry Silbert, Founder of DCG, Labels Decentralized AI as a Revolutionary Opportunity with Impact Potentially Greater than Bitcoin

According to a report by CoinDesk, Barry Silbert, the founder and CEO of Digital Currency Group (DCG), is making a big bet on decentralized artificial intelligence (DeAI), calling it the “next major era of cryptocurrency” with potentially greater influence than Bitcoin (BTC).

In a letter to DCG shareholders, Silbert emphasized that DeAI is an attempt by the cryptocurrency industry to drive innovation in AI and integrate it with blockchain technology. He believes that, compared to the closed systems being developed by OpenAI and other tech giants, this technology combination will bring better benefits to humanity.

This development reminded Silbert of Bitcoin, which was responsible for his initial cryptocurrency wealth. However, unlike the financial revolution brought by Bitcoin, DeAI could potentially bring about a power revolution by using cryptocurrency as a mechanism to distribute ownership and governance of powerful AI models.

DCG’s investment in DeAI

DCG has already invested $105 million in over ten DeAI projects, as Silbert wrote, “We are excited to increase our investment in this area in 2025.”

He specifically highlighted DCG’s investment in Bittensor, a decentralized AI network utilizing machine learning and AI applications. Silbert sees it as the company in their portfolio that is closest to achieving “escape velocity.” He also noted the similarities between Bittensor’s TAO token and Bitcoin.

In November of last year, DCG announced the establishment of a new subsidiary called Yuma to support and promote the development of the decentralized AI network Bittensor. Additionally, their digital asset management company, Grayscale, launched a “decentralized AI” fund product for institutional investors last year.

Related articles: “Franklin Releases Report on Cryptocurrency AI Field, States AI Agents will Completely Transform Social Media Content Creation,” “Deconstructing AI Frameworks: Exploring the Journey from Intelligent Agents to Decentralization,” “Four Frameworks Compete in Crypto x AI: Analyzing the Eliza, GAME, Rig, and ZerePy Technical Frameworks and Market Landscape.”