Arthur Hayes, a well-known name in the crypto market, has made a bold prediction regarding the future of artificial intelligence and cryptocurrencies.

According to Hayes, Bitcoin is set to become the currency of choice for artificial intelligence (AI) in the future. His argument draws upon the inherent characteristics of Bitcoin. It ideally suits the potential needs and operational mechanics of AI.

AI Needs an Efficient Payment System

Central to Hayes’s argument is the need for AI entities to interact with the economic ecosystem. This is a concept he introduces through the hypothetical “PoetAI,” an entity that creates beautiful poetry from natural language prompts.

This model consumes a vast data and energy diet of past poetry to learn and evolve and charges a fee for its services. Therefore, it creates a need for an efficient, effective, and reliable payment system.

AI Energy Market
AI Energy Market. Source: Statista

The requirement

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Author: Bary Rahma

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