Lightspark CEO Expects Bitcoin to Dominate AI-Related Monetary Transactions
David Marcus, the former president of Paypal and the current CEO of Lightspark, envisions bitcoin as the primary currency for artificial intelligence (AI) in the future. He describes bitcoin as “maximally neutral,” highlighting its advantages over conventional fiat currencies like the euro or the U.S. dollar.
Bitcoin Poised to Become Default Currency for AI, Says David Marcus
During the Bitcoin for Corporations segment at the Microstrategy World 2024 event in Las Vegas, Marcus shared insights on the fusion of AI and bitcoin (BTC). He argued that BTC could eliminate the inefficiencies and “friction” inherent in fiat currencies, predicting that AI agents will adopt this “digitally native” medium for value exchange.
Marcus claimed that Europeans won’t accept the American version of this theoretical medium for AI agents to exchange value or vice versa. “And what is the most neutral form of digitally native, internet money? It’s bitcoin,” Marcus insisted. He noted that if BTC can meet the speed of AI it’s “basically going to be the native currency of AI.”
The former president of Paypal isn’t alone in linking bitcoin (BTC) with AI technology. Last January, Joe Lonsdale, a founding partner at Palantir, echoed David Marcus’s sentiments expressed at the Microstrategy event, suggesting that AI agents might favor bitcoin for transactions. Similarly, Arthur Hayes, co-founder and former CEO of Bitmex, also suggested in a blog post that there was a potential convergence between BTC and AI technologies.
To Marcus, BTC embodies the “maximally neutral” medium that suits AI agents engaged in value transactions. “So what is it going to be for value between AI agents?” Marcus pondered, then concluded, “Definitely Bitcoin. Because that’s the neutral language of value on the internet.”
What do you think about the Lightspark CEO’s opinion about bitcoin and AI technology? Share your thoughts and opinions about this subject in the comments section below. #Write2Earn
