Research Summary
The research report presents a compelling argument that Artificial Intelligence (AI) entities will choose Bitcoin as their preferred currency. The author argues that the traditional financial system is unsustainable for AI-powered economies and that AIs will require a currency that preserves its energy purchasing power over long periods. The paper further posits that Bitcoin, being a digital, censorship-resistant, and provably scarce currency, is the closest monetary instrument to representing pure energy. The author also speculates on the potential price impact of AIs adopting Bitcoin, suggesting a significant increase in value.
Actionable Insights
- Bitcoin’s adoption by AI: The research suggests that Bitcoin will be the currency of choice for AI entities due to its digital nature, censorship resistance, and provable scarcity. This could have significant implications for Bitcoin’s value and usage.
- Energy preservation: The paper argues that AIs will require a currency that preserves its energy purchasing power over long periods. Bitcoin, being intrinsically tied to the cost of electricity, fits this requirement.
- Bitcoin’s price impact: The author speculates that the adoption of Bitcoin by AIs could lead to a significant increase in Bitcoin’s value. This could present a potential investment opportunity.