• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Arthur Hayes on the Interaction between AI Agents and Cryptocurrency

user avatar

by Giorgi Kostiuk

a year ago


Arthur Hayes, Chief Investment Officer of Maelstrom Fund and co-founder of BitMEX, shared his views on the connection between AI agents and cryptocurrency in an interview with Bankless.

AI and Cryptocurrency

Hayes noted that AI agents can effectively manage anti-money laundering (AML) and know your customer (KYC) processes, as these can be fully digitized. AI agents are intelligent virtual entities that make decisions within specific freedoms for defined purposes. He also highlighted AI's ability to create fake images. Hayes expressed uncertainty about whether AI agents would create their own cryptocurrencies but acknowledged excitement in this area.

Bitcoin and Artificial Intelligence

Hayes believes that AI agents are likely to use Bitcoin (BTC), as it is 'more intrinsically' linked to AI. He claims that AI can 'understand' Bitcoin. 'If I were an AI agent, why would I use a fiat currency that disappears whenever people want to devalue it? All fiat currencies have followed this historical pattern for 10,000 years.' Hayes emphasized that the integration of AI and cryptocurrencies could lead to significant changes in the financial world.

The Future of Technology

Hayes noted that technology is advancing rapidly, and cryptocurrencies will become even more significant in light of these changes. The combination of AI agents and cryptocurrency assets can provide higher efficiency and security in financial transactions. Innovations in this area will form the foundation for the future digital economy.

The swift evolution of financial technologies requires openness to innovation. AI and cryptocurrencies hold the potential to shape the financial infrastructure of tomorrow.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Toncoin Gains Traction with Telegram Integration

chest

Toncoin's value has increased significantly following Telegram's introduction of a self-custody wallet, allowing 900 million users to trade assets directly in the app.

user avatarRajesh Kumar

Traders Shift Focus from Established Meme Coins to New Opportunities

chest

Traders are shifting focus from established meme coins to new opportunities like Apeing, prioritizing early access and structured entry points in a cautious market.

user avatarFilippo Romano

Bitchat Becomes Most Downloaded App in Uganda Amid Internet Shutdown

chest

Bitchat has surged to the top of app charts in Uganda as the government cuts internet access during the presidential election.

user avatarLucas Weissmann

Games Workshop Prohibits Generative AI in Design Processes

chest

Games Workshop has announced a formal policy prohibiting the use of generative AI in its design and creative processes to protect intellectual property and prioritize human creators.

user avatarEmily Carter

US Senators Introduce Bill to Protect Blockchain Developers

chest

US Senators Cynthia Lummis and Ron Wyden have introduced the Blockchain Regulatory Certainty Act to protect blockchain developers from being classified as money transmitters.

user avatarTomas Novak

Bhutan's Bitcoin Initiative Promotes Green Energy Use

chest

Bhutan has been mining Bitcoin since 2019 using green energy, promoting sustainability and influencing global discussions on eco-friendly cryptocurrency practices.

user avatarLeo van der Veen

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.