Dragonfly’s Qureshi says crypto built for AI

Haseeb Qureshi, general partner at Dragonfly Capital, says crypto infrastructure will ultimately be mass adopted by machines rather than humans because the technology does not align with human behaviour.

In a post on X, Qureshi dismissed the long-held belief that smart contracts would replace traditional legal agreements, arguing the vision failed “not because the technology doesn’t work, but because the technology doesn’t work for our society.”

He added that crypto has always felt alien to users, writing:

“And that’s the tell. It’s why crypto always felt slightly misshapen for us. Long unreadable cryptographic addresses, QR codes, event logs, gas fees, and footguns everywhere–none of it conforms to our intuitions about money.”

Qureshi argued that blind signing transactions, stale approvals and constant security risks make blockchain systems too dangerous and cumbersome for mainstream human use, even if the underlying technology functions as designed.

By contrast, he said AI agents are structurally better suited to blockchain environments because they can continuously verify domains, audit smart contracts and execute transactions without fatigue or emotional error.