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“AI Can’t Touch Cash”: BitGo CEO Sees Crypto as AI’s Native Currency


by Coin Edition
for CoinEdition
“AI Can’t Touch Cash”: BitGo CEO Sees Crypto as AI’s Native Currency

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AI Overview

Mike Belshe, CEO of BitGo, emphasizes the necessity of cryptocurrency for AI operations, indicating that digital assets will be integral for automated financial transactions. BitGo is developing infrastructure to facilitate wallet use for robots. Hedera is gaining traction in AI-related blockchain projects.

Bullish
  • Mike Belshe said AI will almost certainly rely on cryptocurrency and digital assets.
  • BitGo is building an infrastructure to make it easier for robots to use wallets.
  • Hedera is increasingly being used in projects that blend blockchain with AI verification.

During a talk with CNBC, Mike Belshe, CEO of BitGo, said AI will almost certainly rely on cryptocurrency and digital assets. He pointed out that AI “can’t touch cash”, meaning digital money is the only realistic way for automated systems to pay for things, trade, or handle finances without humans in the loop.

He also talked about how stablecoins emerged as a great way to do payments. Earlier this month, Belshe stated that stablecoins are a safer alternative to banks.

The CEO noted how BitGo is building an infrastructure to make it easier for robots to use wallets, doubling down on the fact that AI will use …

Read The Full Article “AI Can’t Touch Cash”: BitGo CEO Sees Crypto as AI’s Native Currency On Coin Edition.

Read the article at CoinEdition

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“AI Can’t Touch Cash”: BitGo CEO Sees Crypto as AI’s Native Currency


by Coin Edition
for CoinEdition
“AI Can’t Touch Cash”: BitGo CEO Sees Crypto as AI’s Native Currency

Share:

AI Overview

Mike Belshe, CEO of BitGo, emphasizes the necessity of cryptocurrency for AI operations, indicating that digital assets will be integral for automated financial transactions. BitGo is developing infrastructure to facilitate wallet use for robots. Hedera is gaining traction in AI-related blockchain projects.

Bullish
  • Mike Belshe said AI will almost certainly rely on cryptocurrency and digital assets.
  • BitGo is building an infrastructure to make it easier for robots to use wallets.
  • Hedera is increasingly being used in projects that blend blockchain with AI verification.

During a talk with CNBC, Mike Belshe, CEO of BitGo, said AI will almost certainly rely on cryptocurrency and digital assets. He pointed out that AI “can’t touch cash”, meaning digital money is the only realistic way for automated systems to pay for things, trade, or handle finances without humans in the loop.

He also talked about how stablecoins emerged as a great way to do payments. Earlier this month, Belshe stated that stablecoins are a safer alternative to banks.

The CEO noted how BitGo is building an infrastructure to make it easier for robots to use wallets, doubling down on the fact that AI will use …

Read The Full Article “AI Can’t Touch Cash”: BitGo CEO Sees Crypto as AI’s Native Currency On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.101

+1.71%

Share:

In This News

Coins

$ 0.101

+1.71%

Share:

Read More

Adani Group Commits $100 Billion to AI Data Centers by 2035

Adani Group Commits $100 Billion to AI Data Centers by 2035

India’s Adani Group unveiled plans to invest $100 billion by 2035 in renewable-powere...
Pi Network (PI) Surges 40% Weekly, Bitcoin (BTC) Fights for $68K: Market Watch

Pi Network (PI) Surges 40% Weekly, Bitcoin (BTC) Fights for $68K: Market Watch

Pi Network's native token is the top performer on a weekly scale, followed by STABLE ...