Bitwise CEO Offers Cryptocurrency to Tech Workers Facing AI Layoffs


Hunter Horsley, CEO of Bitwise, wants tech workers who have been replaced by artificial intelligence to consider cryptocurrencies. He argues that the messy problems the industry faces create the kind of opportunities that aspiring engineers should chase.

The idea arrived within a broader conversation in Silicon Valley about job anxiety caused by artificial intelligence. Investors and founders describe a workforce reshaped by automation, a widening wealth gap, and questions about the jobs of the future.

Horsley Frames Crypto is OpenAI’s pre-mainstream bet

Horsley told the technology staff that pragmatism is what cryptocurrencies need. He pointed to the problems related to financial freedom, access, and cutting out intermediaries. Compare this step with Join OpenAI before mainstream adoption It was clear.

The CEO of Bitwise also acknowledged The industry has scamsMessy projects and shallow titles. He said that these disadvantages are an opportunity for engineers who want to build.

Cryptography roles offer competitive pay across engineering, protocol design, and product talent.

Big Tech companies are beyond needing you, and will celebrate the layoffs of talent. fine. But encryption needs you. “We need talented, professional and practical people.” He explained.

It aligns with a recent BeInCrypto report, which highlighted how the TradFi giants were offering stability and prestige to crypto talent as crypto companies cut headcount. This is after JPMorgan, BlackRock and Citi recently posted roles in the cryptocurrency space, with base salaries reaching $300,000.

Banks are also demanding hybrid talent proficient with blockchain and TradFi.

The crypto hiring boom on Wall Street comes as layoffs have rocked the industry
The crypto hiring boom on Wall Street comes as layoffs have rocked the industry

“It’s really about overlapping of domains,” Bloomberg said I mentionedQuoted by Paul Przybylski, Global Head of Digital and Token Assets Product at JPMorgan Asset Management.

Justin Sun echoes career reset

Didi Das, partner at Menlo Ventures, described San Francisco as hectic. Nearly 10,000 employees at Anthropic, OpenAI, xAI, and Nvidia have reached a fortune of more than $20 million in five years. Meanwhile, Layoffs due to artificial intelligence Reshape the rest of the workforce.

Axios I mentioned Last April, AI agent costs now exceed employee salaries at many companies.

Chief Technology Officer at Uber It is said It used its entire 2026 AI budget early to cover token costs. An executive at Nvidia He said Account spending now exceeds staff budgets.

Justin Sun, founder of Tron, added that the age of AI rewards urgency. He asked young builders to act while opportunities remain open.

“Artificial intelligence exists; while we are young and still have the opportunity to do something, let’s do it,” Sun said books.

Whether cryptocurrencies can absorb the next wave of displaced engineers could hinge on what is built over the next year.

this post Bitwise CEO Offers Cryptocurrency to Tech Workers Facing AI Layoffs appeared first on BeInCrypto.





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