Greetings,

There is one unstoppable tech trend that could have a huge impact on the future price of Bitcoin: the convergence of artificial intelligence (AI) and crypto.

Back in October, Ark Invest's Cathie Wood hosted a podcast titled "Why Bitcoin is the Currency of Artificial Intelligence," and one of the big takeaways was that Bitcoin has certain inherent properties as a digital currency that make it better suited to the emerging AI-powered economy than traditional fiat currencies like the US dollar.

1 Bitcoin consists of 100 million satoshis (just like 1 dollar consists of 100 cents). About 40 of them need to be equal to 0.01 dollars. This could make Bitcoin useful for micropayments, especially the types of micropayments that AI bots can make on your behalf.

Bitcoin is also a peer-to-peer currency, meaning that people can send Bitcoin directly to each other without the need for any financial intermediaries. This means that no intermediary takes a cut of every transaction.

But for very small transactions, Bitcoin is still impractical, given the transaction fees. If a solution to this problem is not found, it could open the door for other cryptocurrencies to become the "currency of Artificial Intelligence".

According to Sam Altman of OpenAI (the company behind ChatGPT), the next wave of innovation will be autonomous AI agents, and this is where Bitcoin could step in and act as a currency.


  How do you think AI will impact Bitcoin or the crypto world?

yes correct, but do you think AI can move BTC or crypto forward by making it act as currencies? Just thinking about the future, auto payments etc.

Gotcha.. lets hope for the best for bitcoin and anything that may lead to the more usage and recognition of it then.

Bitcoin is already a digital currency and I real Don't understand what other currency they want Bitcoin to become. It has been serving so many purpose for years now and still serving. so if they choose to input Bitcoin as a digital currency for their Ai products then that's fine so long they dont cause more problems like what we are currently experiencing from ordinals and runes that's flooding the Blockchain.

Besides Ai are still under beta stage and still trying to develop through learning. so how then are they going to help Bitcoin be more valuable. It might be possible in the future but I think they should only use Bitcoin as a payment method and not use the blockchian in anyway for their ai products.

This is where I feel the developers of Bitcoin has not done enough work, normally if a transaction involves a huge amount and the transaction fees is a little high, it is understandable but just imagine someone making small transactions and the fees are very frustrating because I've had experience of making a little transaction that involves Bitcoin worth 20$ and I was charged 11$ as transaction charges, it's very painful more especially when you measure the fees amount with that of your native currency.

Though I believe that Artificial intelligence will bring solutions to our monetary system more especially the ones that are associated with cryptocurrency but it cannot solve all but it is most possible to give accurate predictions.

You can use Bitcoin as a digital currency, a payment method, a store of value asset, and more. It has many use cases and you are free to pick any use case you want to use with Bitcoin.

There are API, trading bots and AIs don't change too much in automatic trading with bots. From API bots, you can have AI trading bots with latest developments of AI but Bitcoin is here, with or without AI. It can have more use cases in future when adoption becomes better but with time, you will less likely see any actual game-changing use cases for Bitcoin.

Like gold, now it is as it is, do you hope AI to change ways human use gold in society?
Will AI increase or destroy value of gold?

Answer is No for both questions.

With or without artificial intelligence Bitcoin is already a currency that is used for the payment of goods and services. The Bitcoin system was designed to be a payment system and this has not changed

Anyway, AI tools have been effective in diverse sectors of the economy and Bitcoin can also benefit from it. Artificial intelligence is been applied in crypto trading and price predictions. Many traders use artificial intelligence to engage in trading and some of them have been beneficial.

Exchanges and other crypto service providers have also benefited from this innovation because it is helping them to operate their platforms and also assist in customer service. But is important to be careful when using these tools because they are not totally error-free and can also be used as a scam or hack tool.

I totally agree with that AI is not error-free and maybe it may take time for AI to implement cryptocurrecies till its %100 safe. Day by day is getting bigger tho and I am honestly amazed by what AI can do.

I will agree with this because demand and limited supply are very important to make bitcoin to be valuable. But it is not supplies. It is limited supply. If bitcoin supply is unlimited, it can result to inflation and price devaluation. But because its supply is limited and making bitcoin to be scarce which is even one of the reasons the demand is increasing, thus making the price to increase.

Although the creator of bitcoin had no AI in mind while coding bitcoin, but from all indications, it is becoming clearer that bitcoin will have a good relationship with artificial intelligence in the future in terms of permissionless payment, irreversibility and trustlessness. I am seeing a very big marriage between AI and cryptocurrency in the future.

I will not blame Bitcoiners when they begin to leave bitcoin to find other ways of process and sending small transactions. Bitcoin is no longer living upto this expectation and the decentralized nature of the currency gives room for some kind of unethical acts in the Blockchain which cannot be stopped unless by a perfect consensus.