Bitcoin and AI convergence:A reason to be bullish on Bitcoin?
In a recent tweet by famous investor and CEO of Ark Invest Cathie Wood,she said the convergence of Bitcoin and AI could be very positive for companies' in the aspects of costs and productivity.She says this convergence could cause a plunge or a complete annihilation of costs and soaring productivity.
Cathie Wood's optimism on AI technology being integrated into Bitcoin could stem to other crypto enthusiasts companies.Anything that brings favourable changes to the productivity and costs of a company,is favorable for any company,something that a company can actually sit down and consider.
Now getting more deeper into how this convergence can benefit companies,individuals,and bitcoin itself and how this convergence can affect the bitcoin market.We might see an increase in the adoption of Bitcoin,an increase in safety of not only bitcoin but the entire cryptocurrency space.It will also cause an improvement in user experience and increase in the profitability by crypto investors.
All these positive benefits are bullish for bitcoin
So I think the convergence of bitcoin and AI is enough a reason to be bullish on bitcoin
Thank you
@OriginalWorks