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Interoperability of Bitcoin and AI According to Hayes, Bitcoin is poised to become the digital currency of the emerging AI ecosystem. The top crypto trader and analyst’s rationale is hinged on the premier cryptocurrency’s core properties. He cited the coin’s digital, uncensorable, and scarce properties as part of the Features that make it ideal for an AI -driven future. advertisement While the emergence of Artificial Intelligence is as new as blockchain, there has been a growing number of projected correlations between both sectors. In Hayes’s belief, he said the nature of the economy the AI world is designing might be complemented by the decentralized nature of Bitcoin and the ownership powers the users have on their assets. In his complicated analysis, Hayes noted that Bitcoin serving as the “food of AI” will bring intrinsic value to the new systems owing to the fact that the value of the digital currency is tied to pure e...

Investing in assets "outside of the traditional financial system” is the only way to preserve one’s wealth, according to the former BitMEX CEO. The majority of people will have their wealth progressively eaten away by the devaluation of money, according to Arthur Hayes, the co-founder and former CEO of crypto derivatives exchange BitMEX.  According to Hayes, due to the huge amount of public debt accumulated by the world’s largest economies, governments will have no choice but "inflating it away" through money printing.  Thus, the only way to escape the progressive destruction of fiat wealth is by acquiring assets outside the traditional financial system, such as crypto, the purchasing power of which doesn’t fall compared with the cost of energy.  “My whole goal with all of my investing and is to preserve capital so that I can consume the same amount of energy or whatever energy amount that I would like from now and into the future,” Hayes said in an exclusive interv...