AI and Cryptocurrency Integration is Inevitable, say Experts

cryptonews.com:

The recent Coinbase State of Crypto Summit that took place last Thursday led participants into some interesting debates. 

One of the biggest and potentially most controversial ones was the future of crypto/blockchain technologies and AI.

Specifically, venture capitalists and AI experts shared their thoughts on the matter, with some believing that the two will soon become inseparable.

With the US SEC recently filing lawsuits against Binance and Coinbase, the future of the crypto industry — at least in the US — was brought into question. 

Digital assets are facing mounting regulatory pressure, which has also impacted their price performance. 

However, while crypto remains a hot topic, with a lot of money involved, it has recently been dethroned as AI became an, even more, discussed emerging technology.

During Coinbase’s Summit last week, many experts shared their thoughts on the matter of AI during a panel on similarities and differences that crypto and AI have and how investors, builders, and users could capitalize from it all.

One of the crypto industry's main ideas is the users are the sole owners and managers of their assets. More than that, crypto and blockchain offer the same for users’ data, identity, and more. 

This is a completely opposite way of approaching such matters from what modern social media platforms like Facebook and Instagram have chosen.

These companies use their users' data in many different ways, and sometimes, that includes ways that users do not agree with. 

Meanwhile, the banks control the money, free to freeze it if they even suspect something unusual is happening.

The crypto industry is against this level of control, wanting users to own their own money and data. But, data ownership is applicable not only