BitMEX founder: Bitcoin will become the preferred currency for AI, with the investment peak expected to occur between 2025 and 2026

2023-07-07 12:50:48
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ChainCatcher news, BitMEX founder Arthur Hayes stated that Bitcoin will become the preferred currency for artificial intelligence (AI). Hayes mentioned that Bitcoin's characteristics such as digitization, censorship resistance, store of value, scarcity, and longevity make it an ideal choice for AI.

He further speculated that if AI starts using Bitcoin, we might see two frenzies merge into one super frenzy: on one hand, people want to escape the inflation of the fiat financial system; on the other hand, people want to be part of the next stage of human and computer evolution. The overlap of these two frenzies could lead to investors overpaying for growth, causing the value of the Bitcoin network to skyrocket to absurd levels.

Additionally, he believes that the peak of Bitcoin's crazy growth investment will occur between 2025 and 2026. (Source link)

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