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Cathie Wood raises the analysts: “More than humans were made crypto for Ai”

Cathie Wood raises the analysts: “More than humans were made crypto for Ai”

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Renowned investor Cathie Wood The views of an analyst about the transformative potential of cryptocurrency and artificial intelligence in the financial services sector on Sunday.

What happened: In an X contribution, wood, the CEO of ARK Investrecommended a podcast episode Nikil Viswanathan, Co-founder and CEO of the Web3 development platform alchemy.

Vishwanathan said in the podcast: “Crypto is basically the rails on which AI will run.” He explained the underlying gap that consisted of, like AI agents who performed various services.

“AI cannot get a bank account. AI cannot go to a branch. Ai cannot have a checkbook,” added Viswanathan. He said that individuals can give the agent their own account, but banks will not allow agents to use them.

“Even more than people, Crypto was done for AI,” he said.

See also: Decades of old Bitcoin whale is created, transfers USD 207.51 million BTC with almost 112,000% profit

Disclosure: 82% of the CFD accounts in retail losing money

Spiker HelmsAn X user questioned why the agents cannot use credit cards for transactions. In response to the fact that a blockchain enthusiast uses the alias Look black, white white argued that an AI agent could not fill out details such as the first name, last name and date of birth in order to receive a credit card.

Why is it important: Wood's bullish attitude towards cryptocurrency and AI is not new. In a recent interview, she explained that AI “disturb the traditional world order” and search engines as replaced Google.

As far as cryptocurrency is concerned, you and your company consistently have an optimistic outlook on Bitcoin BTC/USDThe world's leading cryptocurrency. She confirmed that BTC would achieve at least 700,000 US dollars in the coming years, which is at least 580% of an increase in its current value.

Prize: At the time of writing, Bitcoin has exchanged 0.01%in the last 24 hours, according to Benzinga per hands with $ 103,963.03.

Photo with kind permission: Aslysun on Shutterstock.com

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Liability exclusion: This content was partially manufactured with the help of Benzinga Neuro and checked and published by Benzinga editors.

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