Arthur Hayes Says Bitcoin Will be the Chosen AI Currency

AI needs automated blockchain-based digital payment systems, according to Hayes.

Arthur Hayes, the co-founder and former CEO of cryptocurrency exchange BitMEX, believes bitcoin (BTC) will be chosen by artificial intelligence (AI) as the currency for their economic activities in the future.

In a lengthy Substack essay posted on July 7, the American entrepreneur laid out reasons for his belief, presenting arguments and conclusions to prove that the traditional financial system is unsustainable for AI-powered economies.