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$BTC Bitcoin BTC91,390 € will be the currency of artificial intelligence (AI) and could reach a price per coin of USD 760,000 in the process, claims Arthur Hayes. In his latest essay titled "Massa", the former CEO of BitMEX concludes that the AI revolution will naturally gravitate towards BTC.
Hayes: Bitcoin is the "logical currency choice for AI"
Despite the fact that fiat currency regimes are destined to become increasingly dysfunctional in the future, says Hayes, there is a thriving economic sector that will only flourish: artificial intelligence. Although still nascent in 2023, the coming decades will witness an explosion of AI-related implementations that will make it ubiquitous and inevitable. "Recent advances in computing power have brought us to the cusp of a hockey stick moment, where AI will go viral and change the course of humanity practically overnight," he wrote.
"In just two months, ChatGPT reached 100 million monthly active users, making it the fastest adopted technology in human history, so imagine how quickly everything will change as AIs integrate into everyday life and continue to learn and improve".
When the time for integration arrives, the financial solution that will be put on the table, according to Hayes, will not be a custom-made, AI-focused altcoin, but Bitcoin. The reason, according to an attached theory, is that AI will consider Bitcoin's inherent qualities — a fixed immutable supply, digital scarcity, and its status as "energy money" — as the logical option. "It is unlikely that an AI will allow itself to trust anything operated by a human government, therefore, only gold and Bitcoin are suitable. A tie between gold and Bitcoin," Hayes continued.
“Bitcoin is, therefore, the logical currency choice for any AI
#AIAndGameFiBoom Artificial intelligence (AI) is transforming the cryptocurrency market, bringing advancements in efficiency, security, and innovation. With an exceptional ability to analyze large volumes of data, AI identifies patterns and trends that would previously go unnoticed, offering new tools for both investors and businesses. Machine learning algorithms can process data in real-time, allowing for agile and secure decision-making. One of the biggest innovations comes with the so-called "trading bots." These automated algorithms execute trades based on predefined conditions, such as price fluctuations or trading volume. This process reduces human errors and increases profits in buying and selling operations. Artificial intelligence is redefining the cryptocurrency market by providing efficiency, security, and predictive analytics that transform the way investors and traders interact with this dynamic environment," said Matheus Medeiros, CEO of Futokens.
#AIAndGameFiBoom The growing intersection between artificial intelligence (AI) and GameFi is revolutionizing the world of video games. GameFi, which combines gaming and blockchain-based finance, allows players to generate real income through activities such as playing, trading, or investing in digital assets. Meanwhile, AI enhances the experience by creating smarter non-playable characters, customizing gameplay dynamics, and optimizing design and internal economies through data analysis. This convergence is redefining how we enjoy and monetize video games, opening new possibilities in the digital world.