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Virtual Currency

topic on 2 shows · 3 statements across 3 episodes

the a16z Podcast How I Built This

3 statements about Virtual Currency, every show

a16z Prediction Not checkable as stated
Lai: AI games will approximate inference costs via virtual currency
“And so you can imagine a similar thing happening with AI games where you have some measure of the influence cost for players, and that's approximated by a virtual currency inside the game.”
Jonathan Lai Dec 16, 2023 ▶ 20:32 2024 Big Ideas: AI-First Games That Never End with Jonathan Lai
HOW I BUILT THIS Opinion
Mobile commerce represents a vastly bigger opportunity than gaming virtual currency
“People are gonna use these phones to buy things in the future, and that is way bigger of an opportunity than just virtual currency.”
Chieh Huang Feb 22, 2021 ▶ 44:24 Boxed: Chieh Huang
a16z Assertion Supported
Haun: FinCEN was first U.S. agency to regulate virtual currency
“FinCEN was the first U.S. Government agency to put out guidance saying virtual currency is going to be subject to what are called money service business laws and the Bank Secrecy Act.”
Katie Haun Jan 2, 2019 ▶ 15:32 a16z Podcast | The Regulatory Landscape for Crypto

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