Marc Andreessen gave an AI agent $50,000 of bitcoin — it endorsed GOAT
The crypto industry fell victim to confirmation bias this week in a sensational fake news story. According to the tall tale, venture capitalist Marc Andreessen gave an AI agent $50,000 of bitcoin, the AI launched a memecoin, and it rallied to a market capitalization of $225 million. The story went viral likely because it confirmed every hope and fear of crypto-anarchists, libertarians, effective accelerationists, and memecoin traders. The story tapped into the global buzz about AI automatons and the potential of blockchain communities like Solana, decentralized finance, and memecoin platforms like Pump.fun. According to the narrative, the Andreessen-funded AI created the meme coin GOAT via Solana’s Pump.fun and advertised it to traders, sparking a rally that surpassed $150 million by Monday and $225 million by Tuesday. I would just like to point out that an artificial intelligence funded by Marc Andreesen was given access to a blockchain and decided the best use case was to launc...