Crypto Got AI totally Wrong!

In this episode of the All In Crypto Podcast, we sit down with Lex Sokolin (Managing Partner at Generative Ventures, former Chief Economist & CMO at Consensys, and author of the Fintech Blueprint) to unpack what he calls the “machine economy”—a world where AI agents, robots, and AI-augmented humans drive a massive leap in productivity, forcing finance to be rebuilt from the ground up.

We explore why centralization tends to win during major platform shifts, how agentic commerce could reshape payments and capital markets, and why today’s AI race looks similar to earlier transitions: Napster → Spotify, early internet chaos → Google’s search box, and now reasoning/inference being captured by a handful of giants.

Lex also explains where crypto genuinely fits: not as “AI + tokens,” but as property rights, identity, and settlement rails—a way to make AI and agents more ownable, composable, and economically legible. Finally, we close with an investor’s view of 2026: frothy private markets, resilient public AI equities (near term), and a crypto market still working through structural problems.

Guest: Lex Sokolin:Managing Partner, Generative Ventures | ex Consensys | Fintech, AI, Web3

Links:

• LinkedIn: https://www.linkedin.com/in/alexeysokolin/

• X: https://x.com/LexSokolin

• Newsletter: fintechblueprint.com