AI Would Choose Bitcoin Over Centralized Cryptocurrencies, Says Tether CTO
In a recent interview with Cointelegraph, Paolo Ardoino, the Chief Technical Officer of Tether, expressed his belief that if artificial intelligence (AI) were to adopt a digital currency, it would choose Bitcoin over more centralized cryptocurrencies, such as stablecoins like USDT.
Ardoino discussed this hypothetical future during a conversation with journalist Joseph Hall at the Plan B Summer School in Lugano, Switzerland. He argued that the decentralized nature of Bitcoin’s protocol makes it the natural choice for AI if it were to adopt a digital currency. Specifically, Ardoino mentioned that he believes artificial general intelligence (AGI), which refers to an AI capable of learning and performing intellectual tasks that humans can do, would only choose Bitcoin.
The rise of large language learning models like ChatGPT and projects like Elon Musk’s Neuralink, which aims to enhance cognition through AI-powered technology, have opened up new possibilities for AI and AGI. These advancements could potentially revolutionize various industries and change the way humans perform tasks.
In envisioning a future where humans coexist with AI, possibly through incorporating bionic elements and augmented brain capacity, Ardoino suggested that AGI would gravitate towards Bitcoin due to its decentralized nature. He emphasized that machines, in order to maintain independence and evade control, would prefer to use a fully decentralized currency like Bitcoin for transactions, including paying for electricity.
As the CTO of Tether, the largest US dollar-backed stablecoin, Ardoino explicitly stated that AI would not choose USDT due to its centralized nature. This aligns with the broader concept that machines would opt for currencies that cannot be controlled by any entity.
While the timeline for such a future is uncertain, Ardoino speculated that it could be as close as 20 to 30 years away. However, the actual realization of this future depends on whether the focus is on combining AI with reverse aging or incorporating bionic elements into humans to enhance their physical and mental capabilities.
Ardoino’s insights highlight the increasing importance of AI in our future and the potential impact it could have on the adoption and use of cryptocurrencies. If AI does eventually embrace Bitcoin as its native currency, it could have significant implications for the global financial system.
This perspective underscores the ongoing trend of decentralization and the significance of cryptocurrencies like Bitcoin. As machines become more advanced and integrated into our daily lives, their preference for decentralized currencies could lead to wider acceptance and adoption of cryptocurrencies. In turn, this could contribute to the decentralization of financial systems and reduce the influence of centralized entities.
In conclusion, Ardoino’s views provide an intriguing glimpse into a future where AI and Bitcoin play crucial roles. While it remains to be seen if this future becomes a reality, the intersection of AI and cryptocurrencies could have far-reaching implications for society, technology, and finance. As we continue to explore the possibilities of AI, it will be fascinating to see how this relationship unfolds and shapes our world in the years to come.