🤖🚀 AI and Crypto: A Marriage of the Future? 💼🔮

Renowned VC investor, Joe Lonsdale, foresees a groundbreaking union between artificial intelligence (#AI) companies and cryptocurrencies in the near future. 🤯💡 In an interview on #CNBC's Squawk Box, Lonsdale, a founding partner of 8VC and a key figure in AI development, shared his insights on this exciting intersection.

Lonsdale acknowledges the realness of Bitcoin, and with the recent approval of spot-based Bitcoin ETFs, he envisions a new wave of active buyers, particularly "AI agents." These AI-driven entities could utilize not only Bitcoin but also Ethereum ($ETH ), Solana ($SOL ), or a combination of cryptocurrencies as they become integrated into consumer spaces.

While addressing the price predictions of $500,000 to $1,000,000 for Bitcoin, Lonsdale emphasizes that macroeconomic factors will play a crucial role. If the government maintains responsible spending and avoids major deficits, crypto could emerge as a safe haven in the face of potential inflation.

In Lonsdale's view, the full integration of AI into business processes has the potential to significantly boost companies' profits, drawing a parallel to the transformative impact of electricity in the early 20th century.

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