Dragonfly Capital's Haseeb Qureshi claims crypto is not made for humans

Haseeb Qureshi, a general partner at Dragonfly Capital, has stated that cryptocurrency infrastructure is ultimately designed for adoption by machines rather than humans. His comments highlight a vision where crypto's complex systems find their primary users in automated technologies.

In a recent article published on February 22, 2026, Haseeb Qureshi, general partner at Dragonfly Capital, described cryptocurrency as "not made for humans." Qureshi argues that the intricate infrastructure of crypto will see mass adoption primarily through machines.

Dragonfly Capital is a prominent investment firm focused on blockchain and cryptocurrency ventures. Qureshi's perspective suggests a future where automated systems, such as AI and other technologies, integrate deeply with crypto networks due to their ability to handle complexity more efficiently than human users.

This view underscores ongoing discussions in the crypto space about usability and scalability. While human adoption remains a goal for many projects, Qureshi's statement points to machines as the key drivers of widespread implementation.

Makala yanayohusiana

U.S. Treasury report illustration showing holographic tech pillars for crypto compliance: AI monitoring, digital ID, blockchain analytics, and data APIs, with privacy mixer endorsement.
Picha iliyoundwa na AI

U.S. Treasury report proposes AI, digital ID pillars for crypto compliance; endorses lawful mixer privacy

Imeripotiwa na AI Picha iliyoundwa na AI

The U.S. Treasury Department submitted a report to Congress on March 9, 2026—commissioned under the GENIUS Act—outlining four technological pillars to enhance transparency in cryptocurrency transactions: artificial intelligence for monitoring, digital identity for onboarding, blockchain analytics for tracing, and interoperable data-sharing APIs. It describes digital assets as key to U.S. innovation leadership while acknowledging lawful users' need for privacy tools like mixers on public blockchains, amid risks from illicit exploitation.

Haseeb Qureshi, managing partner at crypto venture firm Dragonfly, argues that comparisons between AI's rapid adoption and crypto's trajectory overlook key differences in their products. In an interview at NEARCON 2026, he dismissed concerns that capital is permanently moving away from crypto, calling the current contraction a necessary market correction. Qureshi emphasized crypto's strong fundamentals, including steady stablecoin growth.

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Crypto venture firm Dragonfly Capital has raised $650 million for its fourth fund, even as the cryptocurrency market grapples with declining prices and waning investor interest. The new fund targets early-stage investments in a sector facing reduced deal activity. Co-founder Haseeb Qureshi highlighted the firm's candid approach as a key strength.

Prominent crypto venture capitalists are engaging in an online debate about the viability of non-financial applications in web3 and blockchain technologies. The discussion questions whether these use cases have faltered due to insufficient investor interest and poor product-market fit, or if their most promising era is yet to come. The clash began on Friday.

Imeripotiwa na AI

Ethereum co-founder Vitalik Buterin has proposed a layered approach to cryptocurrency security that emphasizes redundancy and multi-angle verification to align systems with user intentions. Published on February 22, 2026, his framework acknowledges the impossibility of perfect security due to the complexity of human intent. The strategy aims to protect users from hacks and exploits while preserving usability.

An article from The Motley Fool suggests that crypto mining companies are shifting focus to AI infrastructure amid falling Bitcoin prices. Published on February 15, 2026, the piece positions a specific crypto miner as a key investment opportunity for the year. This pivot highlights the evolving role of mining firms in emerging technologies.

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Federal Reserve Bank of Minneapolis President Neel Kashkari criticized cryptocurrency as utterly useless during a speech in Fargo, North Dakota. He questioned the practical value of digital assets and stablecoins compared to existing payment systems. Kashkari also defended the Federal Reserve's independence amid political pressures.

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