from Hacker News

AI, Compute, and the Cryptocurrency Connection

by quaxar on 7/17/23, 5:44 PM with 1 comments

  • by pjkundert on 7/17/23, 6:35 PM

    “When compute becomes the basic unit of labor, a currency to represent future potential compute is needed.”

    If AIs become central to production, or even a significant limiting factor — then, this article is correct: compute becomes a valuable asset class, and a currency significantly denominated in “compute” (and associated storage and network bandwidth) will be desirable.

    OK. This basically describes HoloFuel, the cryptocurrency of the Holo (https://holo.host) project.