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Brownstone Research Draws Parallel Between Decentralized AI and Bitcoin's 2014 Regulatory Battle

Brownstone Research's Ben Lilly argues in his Chain of Thought newsletter that open-source AI faces the same regulatory pressures Bitcoin encountered in 2014, and that decentralized AI projects could offer a comparable early-stage investment opportunity.

July 1, 2026

Brownstone Research Draws Parallel Between Decentralized AI and Bitcoin's 2014 Regulatory Battle