Deep Tide TechFlow news, February 27th, FTX founder Sam Bankman-Fried (SBF) posted on his X account stating, “The biggest issue in the cryptocurrency field is:
Will AI use it?
Suppose an instance of ChatGPT or Claude requires more computational resources.
Does it support wire transfer, credit card, or cryptocurrency payment?
On one hand, traditional financial models are not suitable for AI.
For example—how do they undergo KYC verification? They don’t have passports, addresses, social security numbers, or even names.
Cryptocurrency works much better—it is inherently digital, permissionless, and AI can already query the blockchain, etc.
On the other hand, we might see a ‘proxy’ model:
Each AI is considered an agent of a specific human, with that human responsible for KYC verification, accountable for the AI’s actions, etc.
This raises a related question: Who should bear the legal responsibility for AI’s actions?
Regardless, to integrate AI into trading and payment fields, some work still needs to be done. This work is either natively digital and cryptocurrency-based, or relies on human ‘controllers’ to manage the AI.
Its direction has a huge impact on the world.
One of these is the future of cryptocurrency.”
