A wise crypto investor says that soon, artificial intelligence will become a big part of the cryptocurrency world.
Venture capitalist Chris Burniske, who works at Placeholder Capital and used to analyze investments for ARK Invest, says that in the future, AI will take over cryptocurrency networks. We will need to find ways to tell the difference between human users and AI on each network.
He thinks that cryptocurrency will grow a lot because of artificial intelligence.
“In the future, crypto network stats may need to separate between monthly active users and monthly active machines. People don’t fully understand yet how well blockchains work for the financial needs of AI agents, but when they do, the growth will be surprising. ”
Burniske also says that the bots currently being used on some chains are like the early tools that humans used in the Neolithic age.
AI-related cryptocurrency projects have been doing well in 2023. However, a company called Kaiko said last week that these projects were seeing less trading compared to other kinds of digital money.
“Tokens linked to AI have been losing steam and had less trading activity this week than any other week since January. ”