Arthur Hayes, chief executive of Flop Labs and chief investment officer of Maelstrom, said on Sept. 29, 2026, at Cointelegraph Connect: Seoul Edition that he does not believe fiat currencies, or most cryptocurrencies, are fit for purpose for AIs when the users are AI agents. The remarks, made in Seoul during Korea Blockchain Week, extend a case he has pressed since returning to an operating role: software that buys its own computing power needs a unit of account that converts directly into compute, not money designed for people, banks and governments.
Continue reading
The rest of this article is for AI News Blitz readers. Choose an option below to keep reading.
Already purchased? Sign in✓ Signed in — this article isn’t included in your current plan.
Unlocking the full article...
Contact us
Questions, corrections, or ideas? Send us a message here. We aim to reply by email within 24 hours.
Thank you. Your message has been sent. We aim to reply by email within 24 hours.Please enter your email address and a message.We could not send your message. Please try again in a little while.