“‘If you’re in crypto, pivot to AI.’ I used to hear versions of this, and it’s the wrong way to think about the world. It’s zero sum, scarcity thinking,” Brian Armstrong wrote in a post on the social media platform X Sunday (July 27). “Crypto is a general purpose technology. It’s infrastructure, the same way electricity or the internet is infrastructure. It doesn’t compete with the next big thing, because it underpins it. It’s an *and*, not an *or*.”

AI being a “megatrend” does not detract from crypto but in act adds to its importance, Armstrong added.

“AI agents will need…