Bitcoin will become an artificial intelligence cryptocurrency and reach $ 760,000 in 2−3 years

Arthur Geis, the former CEO of cryptocurrency derivatives exchange BitMEX and now the manager of the Maelstrom family office, shared with his blog readers an assumption that bitcoin, with its inherent anti-censorship nature and limited supply, could be an ideal asset for use in artificial intelligence (AI) systems.

According to Hayes, the cost of AI services directly depends on the computing power consumed. In this case, bitcoin can act as a monetary equivalent that is closest to the cost of clean energy. As the value of HTS is inextricably linked to the cost of electricity through mining, it will be able to provide efficient and predictable value preservation for AI systems over time.

«AI needs a censorship-resistant digital payment system with clear and transparent rules that apply regardless of who is transacting or what is being paid for on the network. Bitcoin is resistant to censorship because the only way to change the rules is to present a public proposal to the entire network and accept the majority decision. The proof-of-work scarcity and resistance to censorship gives BTC an advantage for use in AI-based technologies over other forms of assets,» Hayes wrote.

According to Hayes' forecast, in the next two to three years, the AI economy could account for 5% to 50% of global GDP, which would lay the groundwork for a potential increase in the value of a VTC to $ 760,000.