Balaji Srinivasan, a former Coinbase CTO and advisor to Chainlink Labs, has reiterated his belief in cryptocurrency as the future of money. He presented a compelling argument at SmartCon, explaining how blockchain technology and crypto can combat misinformation and promote a trustworthy web. According to Srinivasan, cryptocurrency has the potential to build a web of trust, ensuring the authenticity of online content.

Srinivasan's vision is centered around the concept of on-chain identities, which can verify the source and legitimacy of digital content. This approach can effectively combat AI-generated misinformation, a growing concern in today's digital landscape. By leveraging blockchain and crypto, it is possible to create a decentralized web where the authenticity of content can be easily verified.

The decentralized finance (DeFi) space has already witnessed the potential of cryptocurrency, with Chainlink's network securely delivering over 10 billion data points on-chain, enabling transactions worth over $8.8 trillion. As the web3 services expand, Srinivasan envisions a future where various datasets beyond financial transactions can be verified on-chain, preventing the spread of misinformation.

Furthermore, Srinivasan highlights the possibility of crowdfunded decentralized AI training models, fostering a more realistic "polytheistic AGI" model. This approach would allow different communities to have their own AI, promoting diversity and trust in AI decision-making.

In conclusion, Balaji Srinivasan's vision for cryptocurrency as the future of money is built on its potential to promote trust and authenticity in our digital interactions. As the DeFi space continues to grow and web3 services expand, we can expect cryptocurrency to play an increasingly vital role in shaping our financial future.