The chief funding officer of the Maelstrom Fund household workplace and BitMEX co-founder Arthur Hayes is saying that synthetic intelligence (AI) brokers and crypto property are a pure match.
In a Bankless interview, Hayes says that AI memecoins are a “utterly new life pressure” that’s coming into the cryptocurrency business.
“I feel that AI brokers will be capable to fill all anti-money laundering and know-your-customer types, so that they’re all digitized anyway, proper? They will pretend a picture, they’ll deepfake s**t, they’ll have massive accounts for positive. However once more I feel … to love [engage in] commerce that’s frictionless, that’s low cost sufficient for them, crypto makes essentially the most sense.
Now, whether or not they create their very own cryptocurrency, I don’t f*****g know however I feel that is an attention-grabbing solution to begin. And that’s why I feel there’s quite a lot of hype round these AI meme cash.”
In response to the Maelstrom Fund CIO, AI brokers are additionally seemingly to make use of Bitcoin (BTC) since it’s extra “intrinsically” associated to them and it’s “one thing they’ll perceive.”
“If I’m an AI [agent], why would I take advantage of some coin, some fiat foreign money that lasts 100 years and dies each time a bunch of people get collectively and resolve to debase it as a result of they wish to? That’s the historical past of all fiat currencies over the past 10,000 years.
So understanding that they’ve actually been educated on the whole lot that we’ve ever carried out and written they usually know our historical past why would you purchase a greenback or a euro or a yen? It is not going to exist in 100 years. We all know this. However Bitcoin theoretically may.”
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Featured Picture: Shutterstock/Jorm S
