Tether CTO Prefers Bitcoin Over Centralised Cryptocurrency: Reasons Why

Bitcoin as a Native Currency for AI

Tether CTO Paolo Ardoino believes that if humanity and artificial intelligence (AI) were to merge in the future, Bitcoin could be the native currency of choice for sentient machine intelligence. This topic was discussed during an interview with Cointelegraph journalist Joseph Hall at the Plan B Summer School in Lugano, Switzerland.

Ardoino believes that the decentralized nature of Bitcoin’s protocol makes it the perfect fit for AI. Artificial General Intelligence (AGI) is the concept of an AI that can learn how to complete intellectual tasks that humans are capable of performing. Recent advances in large language learning models, such as ChatGPT, have opened up the potential for AI and AGI to revolutionize many industries and change the way humans carry out various tasks.

AI and Crypto Currency

Ardoino believes that the future of humanity may involve the integration of humans and AI, with projects such as Elon Musk’s Neuralink as potential means of augmenting cognition with AI-powered technology.

Popular culture has often imagined a dystopian future in which AI rules, as seen in movies such as ‘The Matrix’. Ardoino suggested that AGI would choose Bitcoin over a centralized currency like USDT due to its decentralized nature.

The CTO of Tether, the largest US dollar-backed stablecoin by market cap, also said that AI would not use USDT because of its centralized nature.

According to Ardoino, the possibility of a future where AI and humans coexist could be as close as 20 to 30 years away. This could depend on the focus of research, with some looking into reverse aging while others focus on incorporating AI and bionic elements into humans.

The likes of BlackRock, the world’s largest asset manager, have earmarked the AI ecosystem, such as C3 AI and C3.ai, as a prime investment opportunity due to its “disruptive” nature in contemporary times. A mid-year outlook report highlighted gains of the S&P 500 becoming increasingly concentrated in a handful of tech stocks, including crypto currency and crypto markets.

The interview is part of an upcoming Cointelegraph documentary about what it’s like to attend a Bitcoin School. Subscribe here (https://www.youtube.com/@cointelegraph) to watch.