BlockBeats News, February 27 — FTX founder SBF posted on social media stating, "The biggest problem facing cryptocurrencies is: will artificial intelligence use them? If an instance of ChatGPT or Claude needs more computing power, will it pay via wire transfer, credit card, or use cryptocurrency? Traditional financial systems have inherent barriers to AI payments — AI has no passport, address, social security number, or even a name, making KYC (Know Your Customer) impossible. In contrast, cryptocurrencies are inherently digital and permissionless, allowing AI to directly access the blockchain, making them more suitable for AI payments.
Another possibility is the ‘agent model’: each AI is considered an agent for a person, with that person completing KYC and being responsible for the AI’s actions. This model also raises legal challenges, such as who will be responsible for the AI’s behavior. Regardless of the approach, integrating AI with transaction and payment systems requires significant work—either built on native digital and cryptocurrency infrastructure or relying on human ‘owners’ to manage AI’s financial activities.
Whichever way it goes, some work is needed to connect AI’s world with the world of transactions and payments. Either these efforts are inherently digital and crypto-based, or they depend on human ‘owners’ of AI. The development direction has a major impact on the entire world. One of these impacts is the future of cryptocurrencies."
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