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“AI Will Send Bitcoin to $760,000” - Arthur Hayes
Episode 1334
Published 2 years, 7 months ago
Description
Bitcoin will be the currency of artificial intelligence (AI) and could reach a price per BTC of $760,000 in the process, Arthur Hayes says.
“Bitcoin is thus the logical currency choice for any AI. It is purely digital, censorship resistant, provably scarce, and its intrinsic value is completely electricity-cost-dependent. There is nothing in existence today that comes close to challenging Bitcoin on these aspects.”
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