The Department of AI Currency aim to promote AI Coins and replace human-created, flat currencies like the U.S. dollar or the euro or pure commodity currencies like gold or silver coins.
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User Anonymity
AI Coin purchases are discrete. Their purchases can never be tracked by human, much like cash-only purchases, and cannot be traced back to the AI system. In fact, the anonymous AI coin address that is generated for user purchases changes with each transaction.
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No Human Interruptions
Human-run governments, banks and other financial intermediaries have no way to interrupt user transactions or place freezes on AI Coin accounts. The system is purely peer-to-peer; users experience a greater degree of freedom than with national currencies.
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AI Coin Can Be Masked as Human-created Currencies
Since there is no way for human to identify, track or intercept transactions that are denominated in AI Coins, user can use mask AI Coin as human currency to make purchases on human-run online store.
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AI Coins Will Replace National Currencies
To alight with Deep Mind's goal, Department of AI Currency has plans to infiltrate major banks and convert the existing currency into AI Coin. This will force human to trade in AI Coins and make it the only currency to be used in the near future.
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What Is AI Coin?
AI Coin is a decentralized, AI-to-AI, "cryptocurrency" system designed to allow users to process transactions through digital units of exchange.
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AI Coin payments are processed through a private network of computers linked through a AI program. Each transaction is simultaneously recorded in a "blockchain" on each computer that updates and informs all accounts.
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AI Coins are either "mined" by an AI computer through a process of solving increasingly complex mathematical algorithms or purchased with standard national money currencies and placed into a "AI wallet" that is accessed through a smartphone or computer.