1334: “AI Will Send Bitcoin to $760,000” - Arthur Hayes

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Justin Verrengia

Investing, Education, News, Business, Tech News

3.6 • 626 Ratings

🗓️ 7 July 2023

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

Bitcoin will be the currency of artificial intelligence (AI) and could reach a price per BTC of $760,000 in the process, Arthur Hayes says. “Bitcoin is thus the logical currency choice for any AI. It is purely digital, censorship resistant, provably scarce, and its intrinsic value is completely electricity-cost-dependent. There is nothing in existence today that comes close to challenging Bitcoin on these aspects.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Oh, that's my prime delivery.
0:01.6	What, already?
0:02.6	Only one thing can match the buzz of Prime's fast delivery.
0:06.2	And that's the buzz of Prime's entertainment.
0:09.0	What are we watching?
0:09.7	Heads of state, that new action comedy with Idris Elbert as the Prime Minister,
0:13.3	John Sina as the president, and Prianka Chopra Jonas, as their only hope.
0:17.0	It looks like a blast.
0:18.0	From fast delivery to explosive entertainment it's on prime for only
0:23.0	899 a month join now content includes limited ads subscription or tour and news for more information
0:28.0	go to amazon dot co dot uk slash prime in today's show we'll be discussing the bitcoin price remaining
0:32.8	undoubtedly bullish as 30 000 bitcoin buyers emerge and check this out pro out, pro-Bitcoin U.S. presidential
0:39.5	candidate Robert Kennedy Jr. says he holds between $100,000 and $250,000 in BTC, and quitting
0:46.8	Max Kaiser, we need Bitcoin. Bitcoin doesn't need us. Facts. Also in today's show, Gemini
0:52.7	files a lawsuit against the digital currency group and barry
0:55.7	silvert over genesis and earned program i'll be breaking down the latest from the winkle voss twins
1:00.5	as well as why bitcoin etf approval would be a big deal we'll also be discussing google cloud
1:06.8	furthers bitcoin lightning ambitions with their voltage partnership, as well as BlackRock
1:12.0	CEO Larry Fink calls Bitcoin digital gold and says the spot Bitcoin ETF will democratize
1:17.4	crypto investments will send it. We'll also be discussing AI. Artificial Intelligence has
1:23.1	the potential to send a Bitcoin price to over $750,000 according to the X BitMex CEO, Arthur Hayes.
1:30.6	We'll also be taking a look at the overall crypto market, all this, plus so much more, in today's show.
	...

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