Raoul Pal "Cryptocurrency, owning AI financial operating system is key"

▲ Artificial Intelligence (AI), Stablecoin, Cryptocurrency Payment/AI Generated Image

A claim has emerged that the core of cryptocurrency is not in price fluctuations, but in owning the operating system of the next economy.

According to Benzinga on August 5 (local time), macro investor and Real Vision CEO Raoul Pal stated that cryptocurrencies will form the foundation of AI agent finance. Pal said, “Most people think of cryptocurrency as a market where token prices go up and down, but price is the smallest part of the changes currently taking place.”

Pal predicted that AI agents would carry out economic activities beyond human processing speeds. He emphasized, “Money will soon begin to move at the speed of silicon,” and “Billions of agents will trade, negotiate, and settle with each other, operating entire businesses at a speed that human systems cannot keep up with.”

He also argued that it would be difficult for governments to control an AI-based economy with existing regulations. Pal likened attempts at regulation to “trying to catch a bullet with a butterfly net.” He further assessed that blockchain is the only foundation capable of handling billions of autonomous economic activities. He said, “Owning a piece of the blockchain means owning the operating system on which the next economy will run.”

AI agent payment is a structure where AI goes beyond analysis and recommendations to complete transactions on behalf of humans. Each agent can trade assets and purchase services using its own wallet. Cryptocurrency companies have also begun to build payment foundations to support the agent economy.

x402, developed by Coinbase (COIN), is an internet-based payment protocol designed to allow application interfaces and AI agents to make payments with USDC. In April, Coinbase launched a platform that allows AI agents to find and connect to services and even pay for them. World Liberty Financial, sponsored by the family of former US President Donald Trump, also introduced a service that allows agents to pay with USD1.

Pal has considered Layer 1 blockchains such as Solana (SOL) and Ethereum (ETH) as key investment areas. His judgment is that blockchain will be the foundation for processing transactions and payments in the next-generation internet, which will be led by AI agents.

[Key Article Summary]

-Raoul Pal assessed that cryptocurrency price fluctuations are the smallest part of the changes currently underway.

-Pal predicted that blockchain would support an economy where billions of AI agents conduct transactions.

-Coinbase and World Liberty Financial are building AI agent payment infrastructures using USDC and USD1.

*Disclaimer: This article is for investment reference only, and we are not responsible for investment losses based on it. The content should be interpreted for informational purposes only.*