最新报道：Permissionless Day 3 wrapped up yesterday and we’re back to share some of the best quotes. In case you missed it, we’ve also recapped Day 2 here. What role will crypto play in AI products? “We all know the obvious answer, which is: engineers, accountants, lawyers, girlfriends, maybe in that order,” said Haseeb of Dragonfly Capital. Casey Caruso of Topology referenced brain models that will be available in a decade: “Long story short, we don’t have enough neural activity data to train brain models today, and what crypto is really good at is incentivizing people to aggregate data, so I’m a big believer that there will be a DePIN network that collects that data, and from there we’ll have a model that can actually unlock things like mind reading — as crazy as it sounds.” Is this Bitcoin-Treasury-Strategy thing going on in TradFi really going anywhere? Thomas Lee, CIO of FundStrat Capital, expressed optimism: “Oil companies have historically traded at a premium to their proven reserves because of expectations of future reserves. ExxonMobil was a top five stock in the S&P 500 for 25 years from 1990 to 2015. It has never been valued based on earnings, but rather on a price premium to its proven reserves. “[Strategy] could become the largest stock in the United States. It does not generate earnings - its value is entirely based on the ratio of its price to its bitcoin reserves.” Joe Lubin of Consensys talked about what prompted their lawsuit against the SEC: The SEC “secretly decided to reclassify ether as a security… [and] tried to pin it on the people who were primarily responsible for Merge – us as the originators, the EIP authors, the builders, and Danny (Ryan)… When we saw the researchers receiving subpoenas, we decided to sue the SEC.” Felix Jauvin talked about the macro factors driving the stablecoin hype: “We are entering a world where fiscal deficits are increasing… The big question right now is, who is going to buy this debt? There’s a very valid reason why we’re seeing such a big push for the GENIUS Act right now, because it’s a huge unlock for the upcoming U.S. Treasury.” Joe Cutler, partner at Perkins Cole, lamented the entry of institutions into the crypto space: Crypto is about “democratizing access to control over value, and that’s not happening in the institutional rebuild. I’m concerned about that. “The second thing is that it’s also destined to reshape the value proposition of wealth, money, power, and control into a more balanced system than before, but I don’t see that happening in the institutional adoption process either… “I just wish we could pull out the map once in a while and remind ourselves which country we’re in, not which road we’re on.” Is JPMD a permissioned token on a permissionless network? “I would say JPMD is a deposit token that will be connected to a public chain, and its primary use case is cross-border payments and securities settlement,” said Suresh Shetty, CTO of Kinexys at JPMorgan. Get news in your inbox. Explore Blockworks newsletters: The Breakdown: Decoding crypto and markets. Daily. Empire: Crypto news and analysis to jumpstart your day. Forward Guidance: The intersection of crypto, macroeconomics, and policy. 0xResearch: Get Alpha straight to your inbox. Lightspeed: All about Solana. The Drop: Apps, games, memes, and more. Supply Shock: Bitcoin, bitcoin, bitcoin. [0xResearch]