TechFlow News, February 27: Sam Bankman-Fried (SBF), founder of FTX, posted on X stating, “The biggest question facing the cryptocurrency space is:
Will AI use it?
Suppose an instance of ChatGPT or Claude requires additional computing resources.
Does it support wire transfers, credit card payments, or cryptocurrency payments?
On one hand, traditional financial models are ill-suited for AI.
For example—how would they undergo KYC verification? They lack passports, physical addresses, Social Security numbers—even names.
Cryptocurrencies fare much better—they’re inherently digital and permissionless; AI can already query blockchains, among other things.
On the other hand, we may see an “agent” model emerge:
Each AI is treated as an agent acting on behalf of a specific human, who handles KYC verification and assumes responsibility for the AI’s actions.
This raises a related question: Who bears legal liability for AI’s actions?
Regardless, integrating AI into trading and payment systems still requires significant work—either natively digital and cryptocurrency-based, or reliant on human “operators” to control the AI.
The direction this takes will have profound global implications.
One such implication is the future of cryptocurrency.”
