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Arthur Hayes on the Interaction between AI Agents and Cryptocurrency

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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.

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