At Korea Blockchain Week, Arthur Hayes said the currency that powers AI agentic payments will be whatever converts directly into compute. He added that no such currency exists right now.
The distinction puts access to computing power, rather than a particular existing crypto asset, at the center of Hayes's thesis. For AI agents to make payments, the relevant currency would need a direct path to the resource they consume: compute.
Frequently asked questions
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What did Arthur Hayes identify as the key feature of an AI agent payment currency?
Hayes said it would need to convert directly into compute.
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Does Hayes think the currency for AI agentic payments exists today?
No. He said the currency that converts directly into compute does not exist right now.
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Where did Hayes discuss currency for AI agentic payments?
He made the remarks at Korea Blockchain Week.
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Did Hayes name a specific cryptocurrency as the future payment currency?
No. He described the required feature, direct convertibility into compute, without naming a specific asset.
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What resource does Hayes's proposed payment currency need to provide access to?
It needs to provide a direct path to computing power, or compute.