Coinbase CEO contradicts the argument that "encrypters should turn to AI" that encrypted money is essential to the general infrastructure
On July 27, Coinbase CEO Brian Armstrong responded “If you are in the field of encrypted money, turn to AI” as a wrong way of thinking, a zero-sum game. Brian Armstrong stressed that encryption money was a common technology, an infrastructure, like electricity or the Internet. It will not compete with the next popular technology because it supports the latter. It is “a combination of the two”, not “an alternative”. As a general trend, artificial intelligence does not diminish the importance of encrypted currency. On the contrary, it makes encrypted money even more important. Artificial intelligence agents require their own financial infrastructure, and ultimately their daily turnover will far exceed the sum of all human transactions. They cannot open bank accounts and wait three days to receive remittances, and they can only live in one country. They need real-time programmable money (as is the case with encrypted money). The agent is required to hold funds and pay on his own. Coinbase pioneered the x402 agreements, Base and USDC, which now support the vast majority of agency payments. The agent will also be involved in the transaction and act as a financial adviser. They will raise or borrow funds for new projects under way. They will also save users from cumbersome work in tax planning, portfolio rebalancing and billing。
