Alliance partners talk about a16z shift: will promote the construction of cutting-edge technology for encryption talents BlockBeats News: On October 23rd, Imran, the general partner of Alliance, posted on the X platform this morning, expressing his views on the shift of a16z crypto towards cutting-edge technology fields. He stated that a16z was led by Chris Dixon to invest in Coinbase in 2013, providing early endorsement for the cryptocurrency industry; Marc Andreessen's commentary article "Why Bitcoin Matters" published in The New York Times in 2014 was the key to his transformation into the Bitcoin industry. At that time, there were few institutions and funds willing to publicly support encryption, and a16z and USV were the two that took on brand risks. Imran believes that the current development of AI infrastructure is largely due to the Bitcoin mining infrastructure and the talent flowing from encryption to AI. Turning to robots, biology AI、 Cutting edge technologies such as energy and computing power mean that the talents and capabilities accumulated in the encryption industry over the past decade can be used to build the entire cutting-edge technology field. He cited data centers as an example, stating that the resistance of the public and the government towards data centers is increasing day by day. Just like their previous resistance to encryption, almost all traditional financial institutions have now embraced encryption to some extent. Yesterday's news revealed that the flagship blockchain fund a16z will remove the name "Crypto" and rename itself as "a16z Frontier". [Original link]