4. ABI: Artificial Bitcoin Intelligence
As AI continues to advance, we’ll soon see the rise of “smart agents” that can do things like book our flights, pay our bills and order us Thai food.
“No one is giving AIs a bank account, but bitcoin is perfect as a natively-digital means for AI to transact,” says David Johnston, lead contributor to the Morpheus project, which is building a decentralized platform for AI agents to transact and spend crypto. (Morpheus is technically “chain agnostic,” but the potential for bitcoin seems clear.)
The role of bitcoin and AI doesn’t stop at spending sats. “If you have a smart agent that can send transactions or access DeFi, you have a whole new set of tools accessible to you,” says Johnston. Just as ChatGPT made it easier for non-coders to program using plain English, in the future, says Johnston, you can easily use advanced DeFi tools without any technical knowledge, and without using a bank.
Johnston gives a quick example. “Let’s say I wanted to earn native bitcoin yield, with no wrapping, no bridges, and no third parties.” This is tough for a layperson. (Not that a layperson would ever say the words “native bitcoin yield,” but you get the picture.) With AI-empowered bitcoin, says Johnston, you could just say something like, “I want my bitcoin to earn some yield in a safe and decentralized manner,” and it would do the research to find solid, reputable, non-custodial solutions, and “not some crap that a YouTube influence is shilling.”
5. Choked by taxation and regulation
Of all the bitcoin crystal balls, this is perhaps the foggiest. “We have no idea what’s going to happen with regulation,” says Wendy O. She’s encouraged by the pro-bitcoin policies in El Salvador, but worries that in the United States there’s “so much red tape, so many public servants in so many different sectors, and nobody knows what they’ll classify it as.” She sees an outright ban of bitcoin as unlikely, but fears the government could “make it hard to participate in the ecosystem.”
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: https://www.fintechnews.org/12-future-bitcoin-scenarios-from-bullish-to-bearish/
