Former President of Paypal: Bitcoin to Become “Universal Currency” for AI, Cross-Border Transaction System Outperforms Fiat

During the Microstrategy World 2024 event held in Las Vegas, David Marcus, the former CEO of PayPal and current CEO of Lightspark, expressed that Bitcoin will play an important role in AI trading. Marcus believes that Bitcoin has the potential to become the primary currency for AI transactions and describes it as the “most neutral” currency, giving it an advantage over traditional fiat currencies such as the Euro or the US Dollar when operating AI systems in different countries or regions. He emphasized that Bitcoin can eliminate the inefficiencies and frictions inherent in fiat currencies. Marcus predicts that AI agents will adopt this “digitally native” medium of exchange. He stated that Europeans would not accept a US version of AI agent transaction medium, and vice versa. Therefore, there is a need for a currency supply that is not controlled or manipulated by a central authority. Marcus pointed out that Bitcoin is undoubtedly the most neutral digitally native network currency. This viewpoint is also supported by Joe Lonsdale, the co-founder of Palantir, and Arthur Hayes, the co-founder of Bitmex. They similarly describe Bitcoin as the “most neutral” medium, making it highly suitable for value transactions between AI systems. David Marcus stated [Image].