Sam Bankman-Fried, founder of FTX, has raised a pivotal question regarding the future of cryptocurrency: Will artificial intelligence (AI) adopt crypto for payments? In a recent post, he highlighted the challenges traditional finance faces in integrating with AI, such as the lack of KYC capabilities due to AI's absence of personal identifiers like passports or Social Security numbers.
Bankman-Fried suggests that crypto, being inherently digital and permissionless, could be a more suitable payment method for AI. He also proposed an alternative "agent" model, where each AI acts as an agent for a human responsible for KYC and accountable for the AI's actions. The integration of AI into payment systems, whether through crypto or human-operated models, could significantly impact the future of cryptocurrency.
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