U.At the moment – A famend crypto entrepreneur and essayist not too long ago shared his intriguing insights into the way forward for cryptocurrencies, specifically, and their potential interplay with the quickly rising area of synthetic intelligence (AI). In his newest put up, Hayes uncovers two gripping predictions which have the crypto neighborhood abuzz.
The primary prediction posits that it’s going to emerge as the primary foreign money of synthetic intelligence. Hayes argues that AI requires a foreign money backed by a censorship-resistant blockchain and possesses solely such qualities. He backs up his declare by mentioning the superior attributes of Bitcoin, stating that it’s intrinsically tied to the price of electrical energy, which is the lifeblood of any AI.
In contrast to fiat currencies and gold, which lack definitive worth or computability, Bitcoin’s provide is cryptographically finite, making it an excellent selection for any AI in search of a trusted digital foreign money backed by shortage, says Hayes.
Very Triple Digit Bitcoin
Constructing on this notion, Hayes delves into his second prediction, envisioning the potential worth spike in BTC ought to it turn out to be the dominant foreign money within the AI financial system. Based mostly on numerous indicators, together with the scale of the AI financial system, the each day worth of GDP for 2022, the capitalization of Bitcoin in comparison with the each day worth of transactions, the velocity of funds and the overall provide of , Hayes calculates an optimistic situation the place the worth of Bitcoin may skyrocket. at an unimaginable $760,000 per piece.
It stays to be seen whether or not Bitcoin will certainly turn out to be the dominant foreign money of the AI period. Nevertheless, Hayes’ predictions and in-depth evaluation will undoubtedly contribute to the continued discourse on the way forward for cryptocurrencies and their potential convergence with synthetic intelligence.
This text initially appeared on U.At the moment
