CZ: AI agents may become major users of cryptocurrencies in the future, but the privacy aspect still needs improvement.

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On February 11, Binance founder CZ stated in an interview with the All-In podcast that "AI may become a major user of cryptocurrencies in the future. Millions of AI agents can run in the background, processing financial transactions for various tasks, such as paying podcasts, booking restaurants and hotels. Traditional banking systems cannot support the high-frequency, high-value transactions these agents can handle. AI agents could process investments and transactions. As for viable payment systems for agents, they are still in the early stages, and he declined to speculate on specific crypto projects."

Bitcoin and most cryptocurrencies lack privacy features because transactions on the blockchain can be traced. Overall, the crypto industry needs to focus on improving privacy features, but currently, privacy-focused cryptocurrencies generally have small market capitalizations.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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