Buoyant with Bucks, Tether Sets Its Sights on Titans Microsoft, Google, and Amazon in a Humorous Vein

“Flush With Cash, Tether Has Got Microsoft, Google, and Amazon in Its Crosshairs”

“Paolo Ardoino, the chief technology officer of Bitfinex and Tether, has a grand vision for the cryptocurrency industry. He believes that, with a little help from AI and machine learning, crypto could replace traditional banking. But not everyone is equally optimistic. Welcome to the future, or dystopia, according to your preference.”

Oh, the glorious world of emerging technologies and cryptocurrencies; making the impossible seem plausible, and tech moguls like Paolo Ardoino come across as new age Nostradamus figures. With intrigue punctuating every well-rehearsed word, Ardoino believes that Artificial Intelligence (AI) and machine learning could hold the key to giving cryptocurrencies like Tether the footing to oust traditional banking. Just a day in the park, really.

In this envisioned utopian landscape, conveniently punctuated by the sounds of coins (digital, mind you) chiming merrily in your crypto wallets, it doesn’t quite escape keen observers that everyone is not boarding this joyride. Of course it’s charming to think of blockchains and complex algorithms, casually floating around, redrawing the financial world. But let’s just admit it, the jury’s still out on that one.

So welcome aboard the grand ‘Crypto-Express’. Strap on the seatbelts and brace for an adrenaline-charged journey straight into Ardoino’s promised utopia, or depending on your risk appetite (and fondness for your traditional banks), a potential dystopia. Bumpy ride ahoy!

When queried about the infamous volatility of cryptocurrencies, and how it could potentially dissuade the average Joe from exchanging their trusted bank notes for virtual coins, Ardoino regards these as minor technical roadblocks. “With the pairing of artificial intelligence, we might smooth these problems out,” he says. Sure, because AI is that handyman everyone has on speed dial.

His vision is deemed equal parts exciting and terrifying. For some, it’s the wild, wild west of the digital world where exciting stories of overnight billionaires dot the landscape. Then, there exists the other half. The skeptical, the cautious, those who prefer the tangible reassurance of paper money over cryptographically secure digital tokens.

However, let’s remember there’s Bruno, Luigi, and Anna from next door; the hardworking masses not yet ready for a future where traditional banking systems might seem like a relic of the past. Is the world ready to share Mr. Ardoino’s grand vision? As said earlier, the jury’s still out.

Well, there you go, just an average day in the world of emerging technologies, where currencies exist in the cloud and AI is pegged as the trusty swiss knife, ready to solve any problem. Whether you’re hypnotized by the utopian allure or skeptical of the dystopian undertones, one thing remains clear – the cryptocurrency craze isn’t going anywhere anytime soon, thanks to visionaries like Mr. Ardoino. So why not kick back, embrace the intriguing uncertainty and enjoy the ride. After all, it’s just the future of banking at stake!

Read the original article here: https://www.wired.com/story/tether-ceo-paolo-ardoino-crypto-ai-interview/