Arthur Hayes, chief investment officer of the Maelstrom Fund family office and co-founder of BitMEX, says artificial intelligence (AI) agents and crypto assets are a natural fit.
In an interview with Bankless, Hayes said that AI memecoins are a “completely new vital force” entering the cryptocurrency industry.
“I think AI agents will be able to fill out all the anti-money laundering and know your customer forms, so they’re all digitalized anyway, right? They can fake an image, they can fake shit, they will definitely get big accounts. But again, I think… to like (engage in) frictionless commerce, cheap enough for them, crypto is the most logical solution.
Now, if they create their own cryptocurrency, I don’t know, but I think it’s an interesting way to start. And that’s why I think there’s a lot of hype around these AI meme coins.
According to the CIO of the Maelstrom Fund, AI agents are also likely to use Bitcoin (BTC) because it is more “intrinsically” linked to them and it is “something they can understand.”
“If I’m an AI (agent), why should I use a coin, a fiat currency that lasts 100 years and dies every time a group of humans get together and decide to degrade it because they want it? This is the story of all fiat currencies over the last 10,000 years.
So knowing that they have literally been trained on everything we have done and written and know our history, why would you buy a dollar, a euro or a yen? This won’t exist in 100 years. We know it. But Bitcoin theoretically could.
Don’t miss a thing – Subscribe to receive email alerts straight to your inbox
Check Price Action
Follow us on XFacebook and Telegram
Surf the daily Hodl mix
& nbsp
Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should conduct due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that your transfers and transactions are at your own risk and any losses you may incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured image: Shutterstock/Jorm S
