Summary:
– While there are many blockchain projects that combine artificial intelligence (AI) and cryptocurrency in an attempt to create a better world, there are also many projects that simply use the buzzwords “AI” and “Crypto” to sell tokens.
– According to Illia Polosukhin, founder of Near blockchain, AI and crypto are a good fit and can benefit each other in many ways.
– Some genuine use cases for AI in crypto include using crypto as the preferred currency for AI agents, allowing AI to make payments using crypto wallets, and integrating crypto payments with AI agents.
– However, it is important to not believe all the hype surrounding AI and crypto, as there are still challenges and risks involved in putting funds under the control of AI agents.
– While AI can easily use crypto at present, banks are also adopting AI for various uses and fiat still has advantages when dealing with businesses in the real world.
