Former crypto exchange boss makes a different claim for Bitcoin's future
Arthur Hayes, the former CEO of Bitmex, made a different prediction this time about the future rather than the price prediction for Bitcoin. Hayes claimed that the decentralized nature of the Bitcoin network and the control over the assets of crypto-assets users are compatible with the artificial intelligence economy in the future, and suggested that Bitcoin will be the currency of artificial intelligence.
“Bitcoin can reach much higher levels with artificial intelligence”
Hayes believes that the combination of the Blockchain technology-based Bitcoin network with artificial intelligence, which has become a rapidly emerging industry, will motivate investors more, while this development will increase the value of Bitcoin to enormous levels.
Hayes said that BTC is thus an asset that represents energy. He claimed that this, on the assumption that energy is the essence of AI, strengthens Bitcoin's status as an efficient store of value in the AI system.
He said the artificial intelligence economy could account for at least 5% of global product. He predicts that with the growth of the economy, Bitcoin can rise up to $ 760,000. Hayes reminded those who think the estimation is exaggerated, the enormous rises in the past.
Hayes, in his previous comments, predicted that Bitcoin will continue its volatile course this year, but will start a strong bullish rally in 2024.
let's see and see...image
Each person does what suits him, because quality is never a coincidence. (T.S. Eliot)
