Former PayPal president sees Bitcoin as the money of artificial intelligence
David A. Marcus, a successful US entrepreneur and technology expert, sees Bitcoin as the perfect money for artificial intelligence. The former president of payment service provider PayPal made this statement in an interview with Michael Saylor at the "MicroStrategy WORLD" conference.
Former PayPal president @davidmarcus sees #Bitcoin as the future money of artificial intelligenceđź‘€
Blocktrainer (@blocktrainer) May 2, 2024
The reasoning: #BTC is digital in its basic form, neutral and can keep up with the speed of #AI.
Where did you hear that a long time ago?🤓 pic.twitter.com/ZsRvnHbv4f-
Marcus was the co-founder of Facebook's cryptocurrency Diem (formerly Libra) - a well-known project at the time that was discontinued. Today, the 51-year-old is dedicated to developing the Bitcoin ecosystem and works as co-founder and CEO of the Lightning service provider Lightspark, which implements Bitcoin's second-layer technology with the major crypto exchange Coinbase.
Blocktrainer founder Roman Reher already discussed the fact that Bitcoin's properties could make it the perfect money not only for humans but also for AI back in July last year. After all, Bitcoin is an inclusive, uncensorable and programmable money.
It is quite logical that artificial intelligences could discover Bitcoin for themselves at some point, simply because they do not need a bank account, can simply receive Bitcoin with a private key, or a key pair, and can also use it to pay for other things.
Roman Reher in a YouTube video on the subject
As theoretical as this may sound, there are already the first use cases. Last year, for example, the company Lightning Labs taught AI to pay with Bitcoin via the Lightning network - Blocktrainer.de reported.
The future is sure to hold exciting developments around Bitcoin and AI, which will give Satoshi's Nakamoto's creation even more use cases, which would then stop even the last critic from postulating that Bitcoin has no use.