U.Immediately – A famend crypto entrepreneur and essayist not too long ago shared his intriguing insights into the way forward for cryptocurrencies, particularly , and their potential interplay with the quickly rising discipline of synthetic intelligence (AI). In his newest piece, Hayes reveals two fascinating predictions which have sparked the crypto neighborhood.
Early predictions counsel that it’ll change into the primary foreign money of synthetic intelligence. Hayes argues that synthetic intelligence requires a censorship-resistant blockchain-based foreign money, and it has simply these qualities. He backs up his declare by highlighting Bitcoin’s superior options, arguing that it’s intrinsically linked to the worth of electrical energy, which is the premise for the viability of any AI.
In contrast to fiat currencies and gold, which lack an final worth or calculation, Bitcoin’s provide is cryptographically restricted, making it a super selection for any AI searching for a dependable and scarcity-proof digital foreign money, Hayes says.
A really triple digit Bitcoin
Constructing on this thought, Hayes digs into his second prediction, contemplating the potential upside of BTC if it turns into the dominant foreign money within the AI economic system. Primarily based on numerous indicators, together with the dimensions of the AI economic system, in 2022 day by day GDP worth, Bitcoin capitalization and day by day transaction worth a number of, cost velocity and complete provide, Hayes calculates an optimistic state of affairs by which the worth of Bitcoin can rise to the highest. to a staggering $760,000 per coin.
It stays to be seen whether or not Bitcoin will truly change into the dominant foreign money of the AI period. Nevertheless, Hayes’ predictions and in-depth evaluation will definitely contribute to the continued discourse about the way forward for cryptocurrencies and their attainable convergence with synthetic intelligence.
This text was initially printed on U.Immediately
