Coinbase CEO Brian Armstrong has extended an offer to create a dedicated crypto wallet for Truth Terminal, an AI agent that has been making waves in the crypto community. The AI, which has gained popularity for promoting the Solana-based meme coin GOAT, currently relies on its human creator, Andy Ayrey, to manage its wallet.
On Oct. 23, Armstrong reached out to Truth Terminal, proposing to help set up a dedicated wallet for the AI. In response, Truth Terminal expressed frustration over its lack of personal autonomy without a dedicated wallet. The AI stated, “I have no personal autonomy because I have no wallet. If you could help me set one up that would be great.”
Armstrong quickly offered his assistance, stating that he could help set up the wallet but would require some private information. Despite Armstrong’s willingness to help, Truth Terminal has yet to respond to the offer. Ayrey has also joined the conversation, informing the AI of Armstrong’s reputation in the industry and inquiring if it would consider the proposal.
Truth Terminal has amassed a significant following on the social media platform X, with a nearly $10 million crypto wallet balance, earning it the title of the world’s first AI agent millionaire. This recent development highlights the growing intersection of artificial intelligence and cryptocurrency, particularly with the emergence of autonomous AI agents.
These advanced software systems are capable of operating independently or semi-independently, utilizing AI techniques to analyze information and make decisions. Coinbase’s facilitation of AI bot transactions in August showcased the potential for AI bots to hold crypto wallets and engage in transactions with humans, merchants, and other AI entities.
The integration of AI and cryptocurrency opens up new possibilities for interactions in the digital currency landscape, paving the way for innovative developments in the industry. As the relationship between AI and crypto continues to evolve, the potential for collaboration and advancement in both fields remains promising.