TL; DR
-
AI agents will need to make payments that are fast, publicly verifiable, and dirt cheap (i.e. crypto payments) – opening a new path to mass cryptocurrency adoption.
Full story
Boring news: On Wednesday, one of the largest AI hardware manufacturers, Nvidia, published its earnings report.
Not so boring news: Market analysts were convinced the stock would plummet (in their view there was no way it could beat earnings expectations).
Definitely not boring news: Against all odds, Nvidia exceeded expectations and saw its stock rise 8% after hours.
Q: That’s cool, but what does this have to do with crypto?
A: Nothing. At least not immediately…
We love discovering new possible paths to mass cryptocurrency adoption (gaming and social are two of our past favorites) – and we think we might have a new one for the list:
Automated payments for AI agents.
ICYMI: AI agents are AI programs that bundle a number of services to perform a broader task on your behalf.
For example, you could ask, “Write and start a new Facebook ad campaign for me.”
…in response to this the AI agent could use ChatGPT to write the ad, Halfway through the journey to create the ad images, and Zapier to load it on Facebook.
Right now these AI agents are super clumsy/unreliable…but possiblythey’ll be able to do all the digital grunt work we all hate.
And part of that will involve paying for things.
Payments that must be almost instantaneous, publicly/consensual verifiable and dirt cheap.
Cryptocurrency = the leading candidate.
