Former PayPal President David Marcus‘s views on Bitcoin and artificial intelligence have created significant excitement on the global crypto stage. Despite recent fluctuations in Bitcoin‘s price, Marcus’s long-term optimism for Bitcoin stands out. In his discussion with Michael Saylor at the Bitcoin for Corporations 2024 event, Marcus mentioned he sees Bitcoin as the future native currency for artificial intelligence. This perspective was a major topic at this significant event, which brought together corporate leaders, financial executives, and technology innovators.
The Future Role of AI and Bitcoin
The former President of PayPal emphasized the dynamic nature of cryptocurrencies, highlighting the importance of a universally accepted digital value format. Marcus pointed out that the cryptocurrency Bitcoin is a pioneer in terms of ‘neutrality’.
Marcus also emphasized that “If we combine the features of Bitcoin with the speed of artificial intelligence operations, it would serve as the native currency of AI. This would offer a super-efficient, fast, and real-time structure.”
Special Emphasis on Creating a Neutral Language
Marcus highlighted AI’s language capabilities, drawing parallels with the development of translation services like Google Translate. Alongside this development, he pointed out AI’s ability to create a neutral language. An interesting question raised by the former president spurred action among cryptocurrency market participants: “What will be the value among AI-focused companies?”
Marcus’s answer was quite striking:
“Definitely, this value will be Bitcoin. Because it naturally is the neutral language of the internet.”
These words highlighted the potential for Bitcoin, the flagship of cryptocurrencies, to grow and evolve in parallel with technological advancements, creating significant excitement among global crypto investors. However, BTC has recently experienced a decline, leading to speculation among investors about the potential for short-term gains.
As this article was written, the value of Bitcoin had decreased by 1.13%, dropping to $57,871. The cryptocurrency has entered a period filled with corrections and consolidations post-halving, and there has been significant activity in recent days.