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Haseeb Quereshi: Crypto’s Not Made for Humans—It’s for AI

Bankless

Bankless

Tech News, Technology, News

4.71.2K Ratings

🗓️ 2 March 2026

⏱️ 73 minutes

🧾️ Download transcript

Summary

Crypto still feels like a minefield for humans: Haseeb Qureshi argues that’s a clue, not a bug: blockchains and smart contracts are machine-readable systems that AI agents can parse, simulate, and execute far more reliably than people, shifting crypto’s core user from humans clicking through wallets to agents acting on our behalf. We also dig into the two-track future of agent commerce (safe, human-approved flows vs. the wild-west frontier), why major AI labs have avoided crypto training so far (liability), how agent-driven discovery could rewrite DeFi competition, and what this means for Dragonfly’s investing playbook. ------ 🎬 DEBRIEF | RYAN & DAVID UNPACKING THE EPISODE https://www.bankless.com/podcast/debrief-haseeb-quereshi-cryptos-not-made-for-humans-its-for-ai ------ 🔮POLYMARKET | #1 PREDICTION MARKET https://bankless.cc/polymarket-podcast 🪐GALAXY | INSTITUTIONAL DIGITAL FINANCE https://bankless.cc/galaxy-podcast ⚡ EUPHORIA | REAL-TIME ONE-TAP TRADING https://bankless.cc/euphoria 🌐BRIX | EMERGING MARKET YIELD https://bankless.cc/brix 🏅BITGET TRADFI | TRADE GOLD WITH USDT https://bankless.cc/bitget 🎯THE DEFI REPORT | ONCHAIN INSIGHTS https://bankless.cc/TDRpro ------ TIMESTAMPS 0:00 Intro 0:42 Why Crypto’s Not Made for Humans 17:49 How AI Agents Think 28:51 Why Crypto x AI is Unexplored 32:58 The Botconomy & OpenClaw 43:42 How Long Until the Frontier is Here? 50:07 How Crazy Does it Get? 1:06:00 AI Thinks Crypto’s Cringe 1:10:31 Dragonfly’s New 650M Fund 1:13:05 Closing & Disclaimers ------ RESOURCES Haseeb Qureshi https://x.com/hosseeb  Dragonfly https://www.dragonfly.xyz/  ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠

Transcript

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0:00.0

Where do AI agents have comparative advantages over human beings?

0:02.8

The answer, I think, is most obviously, is that you cannot enforce the law against an AI agent.

0:10.4

If you are a self-sovereign agent, there is no monopoly on violence.

0:14.4

You can't throw an AI agent in jail.

0:16.5

So what can an AI agent do that's hard for a human being to do?

0:19.5

The answer is crime.

0:20.7

I'm not to say, oh no, I don't like what he's going.

0:24.2

Exactly.

0:24.3

Exactly.

0:24.7

Like, if you were talking about, like, scamming people, hacking people, like, creating all sorts of nonsense on the internet, that is where AI agents have a comparative advantage.

0:37.8

Hey, Steve, welcome back to Backels.

0:40.0

Thanks for having me.

0:41.1

Always good to be here.

0:42.2

Question for you, Hizib.

0:43.3

Why isn't crypto made for humans?

0:47.5

Crypto, you know, it's always been surprising how scary it is, even 10 years in as a

0:53.9

crypto user, to sign a big transaction.

0:57.4

And it was reflecting on the fact that I've actually never been scared to send a wire transfer.

1:02.7

I'm never worried that, oh, you know, if I don't double, triple, quadruple check my wire transfer,

1:07.9

I might accidentally send money to North Korea.

1:10.0

Right.

1:10.3

But I think about that every time I'm signing a big crypto transaction, it's just like the reality is that there's so many footguns in crypto where you know, you're reading an address and you have to think about, oh, wait, is this an address poisoning attack? Should I check the middle numbers instead of just the beginning of the end? Should I be thinking about my stale approvals? I need to check the URL to make sure this is not slightly different than what it's supposed to be. There's all these footguns that exist in crypto that don't exist in the traditional financial system. And up until now, the story in crypto, which is one that I largely believed, is that, well, this is the fault of lazy humans. And the humans just need to get with it. They need to get more security conscious. They need to have better op-sec. They just, this is your fault, not the technology's fault. And the longer I've sat with this, the more I've started to become convinced that if this is true, if we're still telling ourselves this 10 years later,

...

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