How An AI Bot Became a Crypto Millionaire

In this episode, a16z co-founders Marc Andreessen and Ben Horowitz explore the fascinating intersection of AI and crypto, highlighting the rise of Truth Terminal (@truth_terminal), an autonomous chatbot developed by AI researcher Andy Ayrey. With its own X account, Truth Terminal generates original and often hilarious content independently.
Marc's interaction with the bot recently took a surprising turn when he decided to grant it $50,000 in Bitcoin. This funding sparked Truth Terminal’s ambition to launch its own token, eventually leading to the creation of the meme coin “GOAT” by an anonymous developer. “GOAT” recently skyrocketed to a $300m valuation.
Join Ben and Marc as they discuss how this still unfolding story reflects the potential for community-driven systems and its implications for the future of digital assets. Enjoy!
Topics Covered:
00:00:25 Introduction
00:01:56 Three disclaimers
00:04:07 Origin of Truth Terminal
00:11:50 Two definitions of meme
00:13:33 How the Truth Terminal model was built differently
00:14:50 Marc discovers Truth Terminal
00:16:26 Marc gives the AI bot a $50k research grant
00:19:24 Meme coin vs. real crypto asset
00:25:11 GOAT meme coin is created / $300m valuation
00:29:18 First convergence point between AI and crypto
00:33:32 DePIN explained
00:35:27 AI and solar energy deployment
00:37:07 Decentralization and the future of creative industries
#ai #artificialintelligence #crypto #cryptocurrency #tech #technologynews #startup #vc #blockchain #policy #truthterminal #memes #meme #memecoin #news
Links:
Infinite Backrooms: dreams-of-an-e...
Terminal of Truth: x.com/truth_te...
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Marc’s Substack: pmarca.substac...
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The views expressed here are those of the individual personnel quoted and are not the views of a16z or its affiliates. This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors and may not under any circumstances be relied upon when making a decision to invest in any a16z funds. PLEASE SEE MORE HERE: a16z.com/discl...

[@AIForHumansShow]

happy for andy & truth terminal to get this platform -- it's all super interesting

[@DarrenEvans-q8z]

Hit $135k today. I'm really grateful for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in January

[@StephenColbert957]

How please?

[@StephenColbert957]

I've been investing in Bitcoin by myself. I'm not really happy with what's going on, just few weeks ago I lost about $7,000 in a particular trade. Can you help me out or at least advise me on what to do?

[@DarrenEvans-q8z]

I will advise you stop trading on your own if you keep losing. And i don't trade on my own anymore, I always required help and assistance

[@DarrenEvans-q8z]

She's my family personal Broker and also a Broker to many families here in the United states, she is a licensed Broker.

[@SarahMorgan-f2x]

😱Sounds familiar, I have heard her names on several occasions.. And both her success stories on wall street journey!

[@VincentFulco]

Welcome back! The longest disclosure every given by you guys. Should we be concerned?

[@Sneakyninja-mn8fl]

Hi Ben and Marc

[@gazreviews1076]

$GOAT to the MOON

[@harrypotterobamasonic10inu]

The ticker is $GOAT

[@conformist]

based youtube username.

[@conformist]

$GOAT to 10 billy. that's base case.

[@mwaikangemotinga1424]

Can the ToT get a Body by buying itself a Tesla bot or other bot and hacking it to let it build the GPU farm in the forest and be it's outer body ..?

[@jacquesch1382]

🙂

[@crimemob87]

$GNON