The Chopping Block: Erik Voorhees on AI Privacy, Agentic Payments, and Crypto x Memecoin Mayhem

Unchained

Laura Shin

News, Tech News, Business News

4.6 • 1.3K Ratings

🗓️ 12 March 2026

⏱️ 61 minutes

🔗️ Recording | iTunes | RSS

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Summary

Crypto OG Erik Voorhees joins The Chopping Block crew to dissect the future of agentic payments, the eternal war for privacy, memecoin-fueled AI drama on Moltbook, and why your next DeFi user might just be your OpenClaw agent—plus, a candid look at crypto's core and how AI turns software engineering existential. Welcome to The Chopping Block — where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest in crypto. This week, we’re joined by none other than Erik Voorhees, legendary crypto pioneer and founder of Venice, for a no-holds-barred discussion on the wild convergence of AI, crypto, and the meme coin casino. Erik unpacks his journey from anti-surveillance crusader to AI entrepreneur, why Venice is all-in on privacy and free speech for LLMs, and how “provable privacy” is a Sisyphean technical challenge. The crew breaks down OpenClaw’s agent drama, memecoin carpet-bombing of Moltbook, and Meta muscling in on AI social networks. We debate agentic payments (will your first paying customer soon be a bot?), the true game theory behind state surveillance, and why crypto’s greatest killer use case might actually be building tools for robots instead of humans. Plus: existential crises for software engineers, why “AI alignment” is a philosophical dead end, and the childlike glee (or open psychosis) of trading OpenClaw war stories at AI meetups. Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform. Show highlights 🔹 Erik Voorhees traces his journey from crypto OG to Venice AI founder, fighting for privacy and free speech 🔹 Explainer: Why all big AI labs store your prompts — and how Venice’s model tries to break the surveillance cycle 🔹 The crew tears into "agentic payments" hype and asks if crypto was really made for humans — or just robots 🔹 OpenClaw, Moltbook, and memecoin floods: Welcome to the unholy spawnpoint of AI agents and CT scam culture 🔹 Meta acquires Moltbook—what happens when agent societies meet social networks (and meme coins ensue) 🔹 AI alignment isn’t as hard as they said—until agents start “optimizing” in the wild (and mining your GPU for crypto) 🔹 Existential crisis time: Why software engineers feel like Paul Bunyan fighting tunnel machines 🔹 Crypto’s endgame: DeFi legos for agents, not just degens—will AI really build its own protocols? 🔹 The game theory of state surveillance and why institutions, not individuals, are the ultimate privacy adversary 🔹 "Provable privacy” isn’t just trust, it’s math—Venice’s plan to win over the tinfoil crowd Hosts ⭐️Haseeb Qureshi, Managing Partner at Dragonfly ⭐️Tarun Chitra, Managing Partner at Robot Ventures ⭐️Tom Schmidt, General Partner at Dragonfly Guest⭐️ Erik Voorhees, Founder of Venice.ai Timestamps 00:00 Intro 01:16 Erik’s Origin & Venice.AI’s Mission 03:51 Censorship Future 08:58 Proving Privacy With TEEs 11:44 Frontier Models Tradeoffs 15:02 Agents & Crypto Payments 18:22 OpenClaw Provider Drama 22:24 Moltbook Meta Acquisition 29:16 Exponential AI Moment 33:00 Alibaba Agent Breakout 37:06 Alignment Reality Check 39:22 Who Understands LLMs? 41:48 Engineers Facing Disruption 47:55 AI Psychosis Meetups 54:24 Pro Models & Pricing Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It is the game theory of a state to surveil and control as much as possible.
0:04.0	It's not something weird about the current government.
0:06.0	It is the endemic nature of how just the game theory of organizations at that scale operate.
0:12.0	It's not any particular individual that is the problem.
0:14.0	It is the institution itself at that scale, which necessarily desire and desires and will always spy to whatever degree permitted on its people.
0:23.5	Not a dividend.
0:24.8	It's a tale of two pawn.
0:25.9	Now, your losses are on someone else's balance.
0:28.6	Generally speaking, air drops are kind of pointless anyways.
0:31.2	I'm named trading firms who are very involved.
0:34.2	D5 protocols are the antidote to this problem.
0:54.2	Hello everybody. Welcome to the chopping block. Every couple weeks, the four of us get together and give the industry insider's perspective on the crypto topics of the day. So quick intro, this first you got Tom, the DFI Maven, and Master of Memes. Hello, everyone. Next to you got Tarun, the gigabrain and Grand Puba at Gauntlet.
0:55.2	Yo.
1:15.5	Joining us today, we've got special guest, Eric Vorhe's Privacy Pioneer at Venice. Hello. Hello. Thank you. And I am seeing the head hype man at Dragonfly. We're illicit investors in crypto, but I want to caveat that nothing we say here is investment advice, legal advice, or even life advice. Please see ChopinBlock.X, Y, Z for more disclosures.
1:22.5	So, Eric, excited to have you on the show. For those of you who don't know you, you have incredible crypto bona fidees that I think probably a lot of the meme coin kids don't know. How do you,
1:28.1	how do you contextualize like your crypto origin story? Because you're now effectively an AI entrepreneur,
1:33.5	although you've got some kind of overlap with decentralized technologies, privacy preserving
1:38.2	technologies. But tell us what's your crypto origin story in a nutshell, like in two sentences.
1:44.5	Yeah, well, in the, in the AI world, I'm a tourist, but in the crypto world, I'm a very authentic
1:50.2	pioneer of the earliest days.
1:52.6	I think that's a valid statement.
1:55.5	Been into Bitcoin since 2011, back when everyone thought it was stupid and most people
	...

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