"Decentralized AI Holds Greater Potential than Bitcoin (BTC)"

Source
JH Kim

Summary

  • CEO Barry Silbert stated that decentralized AI (deAI) holds greater potential as the next generation of cryptocurrency compared to Bitcoin.
  • Digital Currency Group (DCG) is known to have already invested approximately $105 million in over 10 deAI projects.
  • Plans to further expand investments in deAI by 2025 have drawn the attention of investors.

According to CoinDesk, a cryptocurrency-focused media outlet, Barry Silbert, CEO of Digital Currency Group (DCG), stated in a letter to shareholders on the 7th (local time) that "decentralized AI (deAI) will be the next generation of cryptocurrency," and that it "holds greater opportunities and potential than Bitcoin (BTC)."

He added, "We have already invested approximately $105 million in over 10 deAI projects," and "we plan to further expand our investments by 2025."

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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