Without defining the scope, the improvement that artificial intelligence will provide to the world will be considered an improvement for Bitcoin, but in a specific field or specialized, artificial intelligence will not add new features to cryptocurrencies exactly as much as it will add to any knowledge.
Things that can be added are increased internet speed, cheap energy, improvements in hardware and thus reducing the cost of manufacturing mining tools, development in decryption capabilities and other technologies directly related to cryptocurrencies.
Topic: Would the advancement in AI have any adverse effects on cryptocurrency? - page 2. (Read 304 times)
April 20, 2023, 07:23:39 AM
April 20, 2023, 06:43:07 AM
The rapid development and advancement of AI is something that everyone is aware of. AI has truly come to stay with new ideas being implemented and released by different companies.
However, I'm a bit curious on how AI would affect cryptocurrency in the nearest future.
The clearest threat I can think of is AI hazardous threats to support hackers to more easily find bugs, weakness in codes of low quality projects to exploit them.However, I'm a bit curious on how AI would affect cryptocurrency in the nearest future.
We know that AI can help developers to make their coding progress more easily by finding bugs, writing a theme code from their requirements. An experienced coder can modify given code from AI to match his need.
From this, in future I believe AI can contribute to destroy weak cryptocurrency projects but it is responsibility of those project coders. For us, we must know about that threat and avoid spending money in low quality projects.
April 20, 2023, 06:39:11 AM
Just like "quantum computing" the "Artificial Intelligence" is also not a magical word that can solve anything. These technologies have their limits and purposes, they can not revolutionize every other technology overnight.
April 19, 2023, 04:06:38 PM
AI could potentially have both positive and negative impacts on cryptocurrency. On the positive side, AI can be used for trading algorithms that can help traders make more informed decisions and increase efficiency. Additionally, AI can help with fraud detection and prevention, which can increase trust in the crypto market. However, on the negative side, AI could also potentially lead to increased market manipulation and further centralization of the crypto market. It's important to monitor and regulate the use of AI in the crypto industry to ensure that it is used in an ethical and responsible manner.
April 19, 2023, 02:04:03 PM
I think the best way to leverage AI in the future with bitcoin is to implement instant payment for real-time processing. Let me explain, one day AI will be so powerful that they could easily do video editing, or podcast editing and a service like Adobe could implement a payment with LN to do certain things. This is what I expect from the future.
April 19, 2023, 01:31:32 PM
They have been several threads on the forum thats has been created concerning the effect of AI on cryptocurrency so it would be better for you to check them out and I'm sure you'll find the answer/responce you're seeking.
Most of them were recently made so it would be better for you to join on the discussion there and ask your question.[/list]
- What is your opinions of future in Crypto with AI technology?
- To what extent can Artificial intelligence (AI) Enhance BTC mining. ?
- Is it true that this AI is good for trading?
Most of them were recently made so it would be better for you to join on the discussion there and ask your question.[/list]
April 19, 2023, 04:45:18 AM
The rapid development and advancement of AI is something that everyone is aware of. AI has truly come to stay with new ideas being implemented and released by different companies.
However, I'm a bit curious on how AI would affect cryptocurrency in the nearest future. Will it be majorly positive or negative? Let's all share our thoughts on this.
However, I'm a bit curious on how AI would affect cryptocurrency in the nearest future. Will it be majorly positive or negative? Let's all share our thoughts on this.
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