For Max Keizer, one of the world’s first Bitcoin investors, artificial intelligence (AI) is a threat to humanity. His comment comes after Martin Casado, partner at cryptocurrency firm a16z, said his father almost fell for a scam where scammers pretended to be him on the phone.
“I just got off the phone with my father. He had just spoken to ‘me’ and was convinced that I was in jail after a car accident and needed $10,000 bail.”Casado said. “He went to the bank but decided to call me just to be sure (luckily I answered, I’m in Japan).”
Another to join the conversation was Balaji Srinivasan, CEO of Coinbase who became famous for betting $2 million on Bitcoin reaching $1 million. In his tweet, Balaji compares cryptocurrency scams to AI scams.
“AI scams will be much worse than cryptocurrency scams”warned Balaji about the matter. “And cryptocurrencies may be the only way to prevent AI fraud.”
AI scams will be much worse than crypto scams.
And crypto may be the only way to prevent AI scams. https://t.co/LoMv1KOd5x— Balaji (@balajis) January 26, 2024
A project betting on this solution was created by Sam Altman, CEO of OpenAI. In short, Worldcoin wants to separate humans from artificial intelligences by scanning people’s retinas. The solution is already being tested by some giants such as Microsoft, Telegram and Mercado Livre. Governments are also potential customers.
However, most purists believe that the world only needs one cryptocurrency: Bitcoin. One of the most important voices of this movement is Max Keizer. The maximalist also took the opportunity to criticize AI technology on Twitter.
“Bitcoin and AI are in a battle to see if humanity survives. BTC fights for humanity. AI is the revolt of robots from hell.”
#Bitcoin & AI are in a battle to see if humanity survives.
BTC fights for humanity. AI is the robot that rises from hell. https://t.co/dVtoY64A07
— Max Keizer (@maxkeiser) January 26, 2024
When it comes to phone scams, which are already popular even without AI, the best defense is to be skeptical of family and friends asking for money. Just as happened with the a16z affiliate, the best solution is to contact the alleged person asking for money.
Max Keizer thinks that Bitcoin will soon reach the 50 thousand dollar mark
Returning to Bitcoin, Max Keizer believes the largest cryptocurrency on the market will soon reach $50,000. At the time of writing, BTC is at $41,880, up 5.7% in the past 24 hours.
In his explanation, Keizer claims that some Wall Street players are blocking the purchase of Bitcoin ETFs. Although it did not cite any sources, a recent FOX Business article points out that “a BlackRock competitor told a client that the new ETFs do not fit the asset manager’s investment philosophy.”.
“GBTC balance reached”Keizer began, talking about the Grayscale ETF Outflows. “$50,000 was delayed – due to some Wall Street players blocking BTC ETF purchases – $50,000 is now an immediate target.”
GBTC equilibrium reached.
$50,000 delayed – due to some Wall St. players blocking BTC ETF purchases – $50,000 is now an immediate target. 🎯 pic.twitter.com/fy1dsNkSAG
— Max Keizer (@maxkeiser) January 26, 2024
The famous Bitcoin investor looked excited on Friday (26) and also took advantage of the day to mock the United Kingdom and its future digital currency, the Digital Libra, also known as “Britcoin”.
“Britain doesn’t deserve Bitcoin. Certainly not for less than $5,000,000.”said Keizer, noting that everyone buys Bitcoin for the price they deserve. “Three listed US companies have a market value greater than UK GDP.”
“It really is a sycophantic island full of rats, without which the world would be better off.”
Britain doesn’t deserve it #Bitcoin
Certainly not less than $5,000,000.
Three US listed companies have a market capitalization greater than GDP of 🇬🇧
It really is a small, rat-invested island that the world would be better off without. https://t.co/NNmYqpsAXe
— Max Keizer (@maxkeiser) January 26, 2024
Finally, it is worth remembering that Keizer is one of the first Bitcoin investors and has unique stories. For example, in addition to tearing up a dollar bill, Keizer gave 10,000 bitcoins as a gift to a friend more than ten years ago, but that friend lost his wallet.
Source: Live Coins
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.
