Dragonfly Partner: Cryptocurrency hasn't lost to AI; when prices are low is the best time to double down.

DeepFlowTech · 2026-02-25T01:08:22+00:00

Dragonfly Managing Partner Haseeb Qureshi stated that the cryptocurrency industry has not lost to AI but is undergoing a natural adjustment. He emphasized that comparing AI and cryptocurrencies is a misconception and believes that cryptocurrencies still have potential, with the asset class valued at $2 trillion.

DeepFlowTech

2026-02-25 01:08:22

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Deep Tide TechFlow News, February 25 — According to CoinDesk, Haseeb Qureshi, managing partner at cryptocurrency venture capital firm Dragonfly, stated that the crypto industry has not “lost to” AI, but rather the market is undergoing a natural adjustment. Qureshi pointed out that comparing AI’s explosive consumer adoption rate to the development trajectory of cryptocurrencies is a misunderstanding of the products’ nature. He emphasized, “Less than 1% of AI users pay for services, whereas cryptocurrencies have no free tier.” Despite venture capital funding clearly favoring AI, Qureshi believes this is simply “capitalism at work.” He noted that cryptocurrencies remain a $2 trillion asset class, with stablecoin supply increasing by 50% annually, which is an “exponential growth.” Qureshi stated, “Doubling down during price dips is the best time.”

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