In his latest blog post, Arthur Hayes, former CEO of Bitmex and current manager of the Maelstrom family office, claims that Bitcoin is the ideal currency for artificial intelligence (AI).
Arthur Hayes points out that the decentralized nature of Bitcoin and the control it offers users over their assets makes it a suitable currency for AI systems. The value of BTC, tied to the cost of electricity needed to mine it, provides a predictable store of value for AI systems.
Moreover, Hayes asserts that Satoshi Nakamoto's invention is “the closest monetary instrument to the representation of pure energy. He argues that Bitcoin's digital, anti-censorship, and decentralized characteristics match future AI economies.
According to Hayes, the adoption of AI could propel the queen of cryptocurrencies to dizzying levels of value, with a prediction of $760,000 per unit by 2025/2026.