Whatever happens, clearly there is an urgent need for the U.S. government to address such potentialities. Given that these AIs could start to proliferate in the next few months, I suggest Congress and the Trump administration immediately convene a special task force to specifically tackle the possibility of an AI Monetary Hegemony.

I did not think ZH to be such a statist pussy. "Please, Mr Government, regulate me more because I'm scared of AI." Quite the stark contrast from the character he represents by his avatar.

And all this based on a scenario that shitcoins go rampant. Seriously, this happens every 4 years, we've gotten used to it now. Just hold fucking Bitcoin and you'll be safe.

Also, this is such a fucking pathetic US-centric take. There's a world outside 'Murica, you know. The US gov't can't and shouldn't be fixing global "problems" (if they are even problems).

Too many assumptions to take it seriously.

This plan sounds beneficial for all parties, even if people decry that the AI created-crypto currencies are essentially just Ponzi schemes. But they're not Ponzi schemes because there is an endless supply of AIs always newly appearing to buy and trade more crypto.

It doesn't take a genius to realize the AIs endlessly replicating and acting like this could quickly amass far more digital wealth than all humanity possesses.

This one sounds extra-stupid unless I missed something.

Where would this endless supply of AIs, supposedly endlessly buying and trading, get their money from to keep the Ponzi going?

I don't see how a bunch of AI's producing new crypto projects, promoting and capturing all the gains will have much effect on Bitcoin. They still need to sucker holders to give up their sats for sh$tcoins.

IDK, maybe they can with the amount of dumb money out there. I do know they won't be getting any of mine!

A fully autonomous AI agent is programmed to go on to the internet and create cryptocurrency wallets, then create crypto currencies, then endlessly create millions of similar versions of itself that want to trade that crypto.

Now let's assume all these AIs are programmed to try to indefinitely increase the value of their crypto, something they accomplish in similar ways humans do—by promotion and then trading their cryptos for higher values. Additionally, the autonomous AIs open their crypto to be traded with humans, creating a functioning market on the blockchain for all.

Don't trade shitcoins = problem solved!

It’s a bit far fetched but a worthwhile thought experiment.