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Arthur Hayes Says AI Agents a ‘New Lifeforce’ Entering Crypto Space – Here’s What He Means

n70products by n70products
November 13, 2024
in Altcoin
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Arthur Hayes Says AI Agents a ‘New Lifeforce’ Entering Crypto Space – Here’s What He Means
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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 belongings are a pure match.

In a Bankless interview, Hayes says that AI memecoins are a “utterly new life pressure” that’s getting into the cryptocurrency trade.

“I feel that AI brokers will be capable to fill all anti-money laundering and know-your-customer types, in order that they’re all digitized anyway, proper? They’ll faux a picture, they will deepfake s**t, they’ll have huge 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 fascinating solution to begin. And that’s why I feel there’s plenty of hype round these AI meme cash.”

Based on the Maelstrom Fund CIO, AI brokers are additionally probably to make use of Bitcoin (BTC) since it’s extra “intrinsically” associated to them and it’s “one thing they will perceive.”

“If I’m an AI [agent], why would I exploit some coin, some fiat forex that lasts 100 years and dies each time a bunch of people get collectively and determine to debase it as a result of they need to? That’s the historical past of all fiat currencies over the past 10,000 years.

So figuring out that they’ve actually been educated on all the things that we’ve ever finished and written and so they 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 might.”

 

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Disclaimer: Opinions expressed at The Each day Hodl aren’t funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal threat, and any losses it’s possible you’ll incur are your duty. The Each day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Each day Hodl an funding advisor. Please word that The Each day Hodl participates in affiliate internet marketing.

Featured Picture: Shutterstock/Jorm S





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