Crypto remains one of the most egalitarian movements in modern finance. What’s happening today in private AI markets is something crypto figured out years ago: you need some form of liquidity and broad market participation before reaching Billion dollar valuations, let alone Trillion. Technology alone is not enough. What differentiated @ethereum and @solana from countless other L1s wasn’t just technical innovation, it was the economic alignment with their users, developers, and communities. I think the same thing eventually happens with AI. Retail users will stop being just consumers of AI products and will increasingly demand ownership, participation, and upside. The most valuable AI networks may not be the ones with the best models alone, but the ones that align economically with the people providing the data, distribution, compute, feedback, and applications. People don’t just want to use the future. They want exposure to it.