Bitwise CEO Discusses Future Of AI Agents And Cryptocurrency

According to Odaily, Bitwise CEO Hunter Horsley recently shared insights on the X platform about the evolution of non-human autonomous entities, drawing parallels with the historical development of corporations in the United States. Horsley highlighted that less than 200 years ago, a law was enacted in the U.S. allowing the widespread creation of corporations, which can be seen as a significant analogy for understanding the future development of autonomous AI agents. In today's world, much of the infrastructure is designed to serve corporations rather than individuals. Corporations engage in transactions using fiat currency, borrow through bond markets, determine ownership via stock markets, and reach agreements through courts and contracts. Horsley suggests that a completely new system is necessary for AI agents, one that is inherently encrypted and utilizes stablecoins and Bitcoin for transactions. This system would leverage decentralized finance (DeFi) for lending, employ smart contracts to eliminate the need for courts, and feature tokenized ownership and governance. While it may seem premature to discuss such developments, Horsley emphasizes that cryptocurrency is not merely a digital version of gold or stock investments. Instead, it aims to create an entirely new independent financial and property system for people and entities in the digital world. This vision underscores the transformative potential of cryptocurrencies and blockchain technology in reshaping financial systems to accommodate the needs of emerging AI agents.