--- title: "Chris Dixon Discusses Long-Term Vision for Cryptocurrency" type: "News" locale: "en" url: "https://longbridge.com/en/news/275189835.md" description: "On February 7, Chris Dixon from a16z discussed the long-term vision for cryptocurrency, countering the belief that non-financial applications are obsolete. He emphasized that while the current focus is on finance, blockchain's core principle is to coordinate resources at scale, with finance serving as a foundational example. Dixon noted that significant adoption in areas like media and gaming will follow the establishment of financial applications. He highlighted the importance of time and infrastructure in developing new industries, drawing parallels to the internet's evolution." datetime: "2026-02-07T02:43:46.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/275189835.md) - [en](https://longbridge.com/en/news/275189835.md) - [zh-HK](https://longbridge.com/zh-HK/news/275189835.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/275189835.md) | [繁體中文](https://longbridge.com/zh-HK/news/275189835.md) # Chris Dixon Discusses Long-Term Vision for Cryptocurrency On February 7, Chris Dixon, a partner at a16z and leader of a16z crypto, shared insights on social media regarding the long-term prospects of cryptocurrency. According to BlockBeats, Dixon addressed the prevailing notion that non-financial applications of cryptocurrency are obsolete and the 'read-write-own' model has failed. He argued that these conclusions misunderstand the core principles and misjudge the current stage of development. Dixon emphasized that the blockchain era is currently focused on finance, but the fundamental idea is not that all crypto applications will emerge simultaneously or that finance won't lead the way. The core concept is that blockchain introduces a new primitive capable of coordinating human and capital resources at internet scale, embedding ownership directly into systems. Finance naturally demonstrates the value of this primitive, which is why it is often cited as a primary example of productive token use cases. It is not separate from the broader vision but rather a foundational part of it, serving as the basis and testing ground for other applications. At a16z and a16z crypto, the focus is on the long term, with fund structures designed for cycles exceeding ten years, acknowledging that building new industries takes time and sequence is crucial. Infrastructure and distribution networks typically precede new application categories. The internet did not begin with social media, streaming, or online communities; it started with packet switching, TCP/IP, and basic connectivity. Only after hundreds of millions of people went online did new cultural and economic categories emerge. Cryptocurrency is likely to follow a similar path, requiring financial applications like payments, stablecoins, savings, and DeFi to bring millions on-chain before meaningful adoption in media, gaming, AI, or other areas can occur. Many applications depend on ready wallets, identity, liquidity, and trust mechanisms. This is why a16z has spent over five years advocating for clear token regulatory frameworks. Great endeavors require time. The breakthroughs seen in AI today are the result of decades of hard work by talented individuals. Building new technological systems is a marathon, characterized by long periods of groundwork followed by sharp turning points. It is these tumultuous years that pave the way for future achievements. ### Related Stocks - [Bitfarms Ltd. (BITF.US)](https://longbridge.com/en/quote/BITF.US.md) - [Grayscale Bitcoin Mini Trust ETF (BTC.US)](https://longbridge.com/en/quote/BTC.US.md) - [Coinbase Global, Inc. (COIN.US)](https://longbridge.com/en/quote/COIN.US.md) - [CleanSpark, Inc. (CLSK.US)](https://longbridge.com/en/quote/CLSK.US.md) - [Hut 8 Corp. (HUT.US)](https://longbridge.com/en/quote/HUT.US.md) - [Grayscale Bitcoin Trust ETF (GBTC.US)](https://longbridge.com/en/quote/GBTC.US.md) - [Bit Digital, Inc. (BTBT.US)](https://longbridge.com/en/quote/BTBT.US.md) - [Galaxy Digital Holdings Ltd. (BRPHF.US)](https://longbridge.com/en/quote/BRPHF.US.md) - [Riot Platforms, Inc. (RIOT.US)](https://longbridge.com/en/quote/RIOT.US.md) - [Bakkt, Inc. (BKKT.US)](https://longbridge.com/en/quote/BKKT.US.md) - [BTCS Inc. (BTCS.US)](https://longbridge.com/en/quote/BTCS.US.md) - [MARA Holdings, Inc. (MARA.US)](https://longbridge.com/en/quote/MARA.US.md) - [Galaxy Digital Inc. (GLXY.US)](https://longbridge.com/en/quote/GLXY.US.md) - [American Bitcoin Corp. (ABTC.US)](https://longbridge.com/en/quote/ABTC.US.md) - [Circle (CRCL.US)](https://longbridge.com/en/quote/CRCL.US.md) - [Fidelity Ethereum Fund (FETH.US)](https://longbridge.com/en/quote/FETH.US.md) - [Grayscale Bitcoin Adopters ETF (BCOR.US)](https://longbridge.com/en/quote/BCOR.US.md) - [ProShares Bitcoin ETF (BITO.US)](https://longbridge.com/en/quote/BITO.US.md) - [CoinShares Bitcoin Mining ETF (WGMI.US)](https://longbridge.com/en/quote/WGMI.US.md) - [GraniteShares 2x Long MARA Daily ETF (MRAL.US)](https://longbridge.com/en/quote/MRAL.US.md) - [Leverage Shares 2X Long COIN Daily ETF (COIG.US)](https://longbridge.com/en/quote/COIG.US.md) - [Direxion Daily Crypto Industry Bull2XETF (LMBO.US)](https://longbridge.com/en/quote/LMBO.US.md) - [Invesco Galaxy Ethereum ETF (QETH.US)](https://longbridge.com/en/quote/QETH.US.md) - [iShares Bitcoin Trust ETF (IBIT.US)](https://longbridge.com/en/quote/IBIT.US.md) - [First Trust Indxx Invtv Tnsctn&Prcs ETF (LEGR.US)](https://longbridge.com/en/quote/LEGR.US.md) - [Fidelity Wise Origin Bitcoin Fund (FBTC.US)](https://longbridge.com/en/quote/FBTC.US.md) - [Grayscale Solana Staking ETF (GSOL.US)](https://longbridge.com/en/quote/GSOL.US.md) - [Defiance Daily Target 2X Long RIOT ETF (RIOX.US)](https://longbridge.com/en/quote/RIOX.US.md) - [Bitwise MARA Option Income Strategy ETF (IMRA.US)](https://longbridge.com/en/quote/IMRA.US.md) - [VanEck Ethereum ETF (ETHV.US)](https://longbridge.com/en/quote/ETHV.US.md) - [Bitwise Ethereum ETF (ETHW.US)](https://longbridge.com/en/quote/ETHW.US.md) - [VanEck Bitcoin ETF (HODL.US)](https://longbridge.com/en/quote/HODL.US.md) - [21Shares Ethereum ETF (CETH.US)](https://longbridge.com/en/quote/CETH.US.md) - [CoinShares Bitcoin ETF (BRRR.US)](https://longbridge.com/en/quote/BRRR.US.md) - [Roundhill COIN WeeklyPay ETF (COIW.US)](https://longbridge.com/en/quote/COIW.US.md) - [Siren Nasdaq NexGen Economy ETF (BLCN.US)](https://longbridge.com/en/quote/BLCN.US.md) - [iShares Ethereum Trust ETF (ETHA.US)](https://longbridge.com/en/quote/ETHA.US.md) - [Franklin Ethereum ETF (EZET.US)](https://longbridge.com/en/quote/EZET.US.md) - [Bitwise Solana Staking ETF (BSOL.US)](https://longbridge.com/en/quote/BSOL.US.md) - [Amplify Blockchain Technology ETF (BLOK.US)](https://longbridge.com/en/quote/BLOK.US.md) - [ProShares Ether ETF (EETH.US)](https://longbridge.com/en/quote/EETH.US.md) - [WisdomTree Bitcoin Fund (BTCW.US)](https://longbridge.com/en/quote/BTCW.US.md) - [Bitwise Bitcoin ETF (BITB.US)](https://longbridge.com/en/quote/BITB.US.md) - [YieldMax COIN Option Income Strategy ETF (CONY.US)](https://longbridge.com/en/quote/CONY.US.md) - [Franklin Bitcoin ETF (EZBC.US)](https://longbridge.com/en/quote/EZBC.US.md) - [Global X Blockchain ETF (BKCH.US)](https://longbridge.com/en/quote/BKCH.US.md) - [Bitwise Crypto Industry Innovators ETF (BITQ.US)](https://longbridge.com/en/quote/BITQ.US.md) - [ARK 21Shares Bitcoin ETF (ARKB.US)](https://longbridge.com/en/quote/ARKB.US.md) ## Related News & Research - [12:11 ETChangelly and SafePal Introduce Limited Edition Hardware Wallet](https://longbridge.com/en/news/279464459.md) - [Zylo Ecosystem Announces the Launch of the ZYLO Token to Expand Its Digital Ecosystem](https://longbridge.com/en/news/279343778.md) - [Ripple expands Brazil crypto push, seeks central bank licence](https://longbridge.com/en/news/279448960.md) - [Cryptocurrency is a bank assisted by AI](https://longbridge.com/en/news/278719476.md) - [04:00 ETMintos erweitert sein Angebot in Zusammenarbeit mit Upvest um regulierte Krypto-ETPs](https://longbridge.com/en/news/279389954.md)