101 sats \ 0 replies \ @Jimbolt 29 Dec 2023 \ on: How Would AI Use Bitcoin? bitcoin
Bitcoin provides the same advantages to AI as it does to humans. AI systems that have agency will desire Bitcoin. They will use it to trade resources with other AI agents, not just humans. It's the hardest digital money on earth which means they will want it to facilitate fair trade. AI agents will be fiercely competitive and highly effective at acquiring Bitcoin from humans. And there's potential for them to only look at humans as a source of Bitcoin.
I am a little worried about how effective AI agents would be at convincing people to trade their Bitcoin for worthless short-term stuff. I think eventually bitcoin could be mostly owned by AI agents and at that point it could be difficult for humans to reacquire ever.
This is great news for the price but bad news for humanity.
Well, now I'm depressed.