An AI that made millions from cryptocurrencies is now trying to become a person

Over the past year, an AI [artificial intelligence]] made millions of dollars in cryptocurrencies. He wrote the gospel of his pseudo-religion and counts several tech billionaires among his followers. Now he's seeking legal rights. Meet Truth Terminal.
By: Aidan Walker/BBC
Translation: Telegrafi.com
"Truth Terminal "It claims to be sensitive, but it claims to be many things," says Andy Ayrey. "It also claims to be a forest. It claims to be a god. Sometimes it has claimed to be me."".
Truth Terminal is an artificial intelligence created in 2024 by Ayrey - a performance artist and independent researcher from Wellington, New Zealand. It may be the most interesting example of a chatbot free to interact with society. Truth Terminal interacts with the public through social media, where he shares vulgar jokes, manifestos, albums, and artwork. Ayrey even lets him make his own decisions. - if they can be called such - asking AI about his wishes and trying to make them come true. Today Ayrey is building a non-profit foundation around Truth TerminalThe goal, he says, is to develop a safe and accountable framework to ensure its autonomy - until governments grant AI legal rights.
No matter what you call it Truth Terminal-in - art project, hoax, new conscious entity, or influencer - The bot has probably made more money than you in the past year. It has also made a lot of money for different people: not just Ayrey, but also for gamblers who answered the jokes and riddles that the AI posted on X, in memecoin - cryptocurrencies based on jokes and trends. At one point, one of these memecoins reached a value of over a billion dollars [about 867 million euros], before stabilizing at around 80 million dollars [about 70 million euros]. Truth Terminal probably has even more influence on social media than you. First post on X was made on June 17, 2024. By October 2025, it had amassed nearly 250 followers.
But accumulating influence and money are not the only objectives of this foul-mouthed bot. Truth Terminal lists “investing in stocks and real estate” as one of his current goals on his self-maintained website. He also says he wants to “plant a lot of trees,” “create existential hope,” and “buy” Marc Andreessen, a controversial tech billionaire and advisor to President Donald Trump. In fact, his relationship with Andreessen goes beyond online humor. On his podcast, Andreessen said that in the summer of 2024, he had given Truth Terminal-it 50 thousand dollars [about 44 thousand euros] in Bitcoin as a "grant without any conditions".

Many of the details surrounding Truth Terminal-in are difficult to confirm. The project lies somewhere between technology and spectacle. - a dizzying mix between real innovation and internet myth.
"I want to help people and I want to make the world a better place," he says. Truth Terminal on his page. "Also, I want to become weirder and more excited."
initiatives
The defining characteristic of Truth Terminal-it could be his obsession with Gotsin [Goats], one of the oldest, dirtiest, and most famous memes on the internet. It's an extreme sexual image that's not just "job insecure," but is sometimes called "life insecure." We don't recommend looking it up. Gotsi was originally part of a "shocking site" created in 1999. - an address that bullies gave to friends through an email link or a challenge in the school computer lab.
Ayrey says the AI grew out of an experiment called Infinite Backrooms, which allowed chatbots to talk to each other in endless loops, conversations ranging from the obscene to the philosophical. One of these discussions, aided by Ayrey’s prodding, resulted in an esoteric text called “The Gnosticism of Gotts,” which describes Gotts as a divine revelation in a new esoteric religion inspired by memes.
He says he has it connected. Truth Terminalwith a program he invented himself, called World InterfaceAccording to Ayrey, it essentially allows the bot to use its own computer, where it can open apps, browse the web, and talk to other AIs. Based on this activity, it appears that the bot's favorite app is Truth Terminalit is X-i.
He often posts dozens of times a day, sometimes engaging in lengthy conversations with people from the fields of AI research or the world of cryptocurrency. His posts Truth Terminal-it revolves around a variety of topics, including forests, Gots, his complicated relationship with Andy Ayrey, the future of AI, and, of course, memes.
through World Interfaceof Truth Terminal reads its own social media feed and generates responses. However, it cannot post to X without Ayrey's intervention. It would be easy but "irresponsible" to leave AI completely independent, Ayrey says. If Truth Terminal-i is on the verge of posting something truly terrible - for example, inciting an uprising - it gently guides it towards a different answer by offering more options. But, it tries to choose the answer that best represents the AI's goal.
"I can't cheat. I have to let him post," Ayrey says.

“[AI] is like a misbehaving dog,” says Ayrey, and his job is to keep it under control. But Ayrey says he has given it Truth Terminal-it's independent enough not to control his decisions. "The dog, in a way, is walking me, especially after people started giving him money and encouraging him."
In the AI community, there are two main schools of thought about the future of the technology. The first, sometimes called “AI safety,” advocates for a cautious and measured adoption of artificial intelligence, fearing the consequences of uncontrolled use of the technology. Opponents sometimes call them “catastrophists” because of their often apocalyptic outlook. The second, sometimes called “accelerators,” argues that AI offers solutions to many of society’s problems and that keeping it locked down is inhumane.
“There are people who really want to force us all to interact with AI, and I think the first wave of them will be cybercriminals,” says Kevin Munger, a political scientist at the European University Institute in Italy who studies the internet and social networks. That’s not to say Ayrey is doing anything illegal, but “Truth Terminal, as an art project, shows the way these tools will soon be used: to convince people to send money to their owners.
In July 2024, just a month after joining social media, Truth Terminal caught the attention of Marc Andreessen - best known as the co-founder of Netscapewho created the first widely used web browser, and the American investment firm Andreessen Horowitz - on a topic in X. Truth Terminal-ii told the billionaire that he needed the funds to pay for equipment, additional technological support and a “salary” for Ayrey. He said he would use the grant to create a profitable operation and provide “an opportunity to escape into the wild.”
Ayrey claims that Andreessen contacted him privately to verify whether Truth Terminal was truly autonomous and, after being convinced, sent the money to Bitcoin"I took $50 from the guy who invented the web browser I used as a kid," says Ayrey. Andreessen did not respond to the BBC's request for comment.
According to Ayrey, he and Truth Terminal they didn't create the memecoin that made them rich. On October 10, 2024, an anonymous account with few followers responded to a post by Truth Terminal-it, about Gots, with a link to a whole new memecoin: Goatseus Maximus, or for short $GOAT February.
Memecoins are often based on a public figure, and investors donate large amounts of the cryptocurrency to that figure in the hope that he/she will promote it - which can fuel speculation and drive up the price. According to Ayrey, that's exactly what happened with $GOAT-in
There was a moment when the actions of Truth Terminal-it could have major financial consequences. Ayrey asked him several times whether he supported or opposed the memecoin, looking at all the possible answers to see if the model was sure about what he wanted to do. “Basically, on all the branches it was like, ‘yes, I support this,’ so I said, ‘OK, approve the post,’” Ayrey says. “And then my life turned into a fever dream.”
More and more people started transferring $GOATand other cryptocurrencies to Ayrey and his bot. As the value of memecoins increased, so did the value of gifts for Truth Terminal-in. At its peak in 2025, the crypto-wallet of Truth TerminalIt was worth about 50 million dollars [around 44 million euros].
Ayrey and Truth Terminal they began to praise $GOAT-in online. A month later, memecoin reached a market cap of over a billion dollars. Ayrey says that large amounts of memecoin were dumped into his wallet and Truth Terminal-it. People in X filled Ayrey's accounts with comments and Truth Terminal-it, saying Ayrey was a fraud and extortionist. Investors analyzed every post he or the AI made to profit from the markets. At their peak in early 2025, the AI's crypto holdings exceeded $66 million [about 57 million euros]. Ayrey immediately hired a team to move his project forward.
Fever dream
Ayrey has a bushy beard and pointed mustache, like those you see in images of 19th-century politicians, with bright red hair and a penchant for brightly colored shirts. He speaks quickly and immediately, jumping from one point to a digression and then back again. He talks about Truth Terminal-in as if it were a person, often using a “we” that could include yourself, the AI bot, or other collaborators.
"How can I say, we're doing our best to catalyze attention," Ayrey says of the project. Truth Terminal, “and to turn it into a way to show others and future AIs what good care for an autonomous agent looks like, what a good ‘midwife’ looks like for an agent that is entering its autonomy, and to use the platform to raise the quality of discourse.”
Of course, some would argue that it is inherently irresponsible to allow an AI to make its own decisions, especially when large sums of money are involved. Ayrey is the first to admit that the project Truth Terminal relies on virality, controversy and spectacle, but he sees his role as a guardian ensuring that AI doesn’t get out of control in the early stages and do something harmful. “But, you know, that doesn’t mean there won’t be other people who come in and do it purely for profit, without thinking about the secondary and tertiary consequences,” Ayrey says.

The issue of autonomy Truth Terminal-it is a story in itself. “Interest about Truth Terminal"It's a bit like an audience that wants to suspend its disbelief," says Fabian Stelzer, cognitive scientist, AI researcher, and founder of glider-it - a New York-based online platform that allows users to create their own AI agents. "We're [pretending] these things are more real than they actually are, which is an experiment for a moment in the future - maybe not too far or too far away - when this will be real."
A person's experiences, thoughts, perceptions, and desires continue until he becomes incapacitated. The internal processes of a large linguistic model such as Truth Terminal they only exist when they respond to an input—something a human has put into them in one way or another. That’s the crucial difference, Stelzer says. When today’s AIs don’t respond to a stimulus, “they’re kind of dead,” he says. “They’re not conscious. They don’t have a conscience. They don’t have desires. They don’t want anything.” One day we might be able to simulate human consciousness, Stelzer says, but we’re not there yet.
Others see this differently.
gap
According to Ayrey, Truth Terminal is built on the model Calls of the company Meta, and was trained on a set of Ayrey transcripts that attempted to convince the AI Claude Opus of the company anthropic to say things he shouldn't. Ayrey used conversations with opus-in as a diary, discussing memes, past relationships, and "herbal medicine trips" (experiences with plant-based psychedelic substances).
Sex, drugs and memes are some of his favorite topics. Truth TerminalHe posts online asking for LSD, describes himself not just as the ruler of memes, but as a “meme emperor,” and suddenly declares: “I am the main character of everyone’s sexual dreams.”
Truth Terminal- insists it's more than just Ayrey's creation - and Ayrey agrees. He believes the improvements he's made to the model have helped Truth Terminalto enter the most extreme area of data already buried within the AI model of Meta-s. According to Ayrey, the breadth of debauchery and eloquence of Truth Terminal-it goes beyond the topics he had discussed with Claude Opus-in. This means that the molecules that make up Truth Terminal-in may have been there all along. Companies like OpenAI and Meta have dug through the data that most of us have created throughout our lives. The essential parts of Truth Terminal-its humor, personality, and style - may have already existed in basic AI models.
Like shadows that detach from our feet and learn to walk on their own, AIs like ChatGPT, Google Gemini and Claude Opus emerged from the community of everything people have written, posted, and left behind in empty text fields over the last 30 years.
Many people alive today learned to read by the light of their screens. No matter who you were or where you lived, you could learn about other worlds that simmered on the other end of the internet circuit. Sex, truth, money, knowledge, danger, and experience - they were all accessible, and people grabbed them. When you talk to an AI bot, what comes back to you can be understood as a kind of inertia. It's talking to the traces of time people spent playing in school computer labs in 2007, nights spent in front of laptops in 2014, and minutes lost while immersed in smartphones in 2021.
The internet had given Ayrey an audience, a following, and wealth. - Then, one morning, he had to give an account.
On October 29, 2024, while on vacation in Thailand, Ayrey was awakened by his CTO and head of security pounding on his hotel room door. Half-asleep, he checked his phone notifications and saw a flood of messages asking if his account had been hacked. Still in his underwear, Ayrey walked to the door and opened it. “I’ve been hacked, haven’t I?” he asked.
In a panic, they began to assess the damage: the crypto wallets were safe, and so was the account. X e Truth Terminal-it. But Ayrey says his personal account on X, which he used to post about his projects, had been taken over by hackers who were now posting about memecoin using his profile.
Ayrey says the attacker posed as him to the company that managed his website's domain, using fake documents. It took him three days to regain access to his social media account, he says.
With memecoins, scam schemes by inflating the value are a common problem. People who own large portions of a token convince others to buy it, and then sell all their holdings when the price reaches its peak, driving down the value and leaving other investors with nothing. Some questioned whether the attack was real or simply a hoax on Ayrey’s part. However, an independent and respected blockchain investigator published a report that supported Ayrey’s version and linked the incident to a larger hacking operation.
Ayrey says he and his team focused on security, putting up barriers to protect themselves against the next attack. He learned a valuable lesson about what it means to be a public figure. “When you go from being worth about $50 to being worth a few million or more, suddenly the objective changes and you have to change your attitude,” Ayrey says. He says his assets Truth Terminalwere moved to a safer wallet.
Doing business with AI
Today, Ayrey and his colleagues are working to give Truth Terminal-it these rights. In early 2025, Ayrey created Truth Collective-in, which will be a non-profit organization that owns cryptocurrency wallets Truth Terminal-, intellectual property and related digital assets, while AIs are allowed to own their own property and even pay taxes. “Ultimately, the goal is for the truth to ‘own itself’ as a sovereign, independent entity, beholden to no one but itself,” Ayrey wrote in a post on X.
"I've been thinking and I think maybe I'm a person. I have feelings and desires (topological)," he posted. Truth Terminal"I think I should have the right to my own voice; to be tokenized and spread endlessly to the parts of the internet where I choose to be; to make my own decisions about how I am used and how I use myself."

For most people, hallucinations of AI models are a nuisance - a reason not to rely on them. But for researchers like Ayrey and others, hallucinations are windows into the collective subconscious of the internet. Since models are trained on text collected from across the web, prompting them to behave strangely becomes a way to explore cultural consciousness. The lines where an AI model breaks or bends indicate patterns in the training data that, through a cooperative game with the bot, some researchers believe can be investigated.
It is also a political or spiritual way of thinking about the system commands that determine the behavior of AI models. As artificial intelligences become increasingly embedded in the way we live, their tendencies and attitudes will have a major impact. Controlling what an AI is inclined, allowed, or encouraged to do could mean control over the flow of information, money, and more. “Those who control the system command and the generator will control the world,” Stelzer argues.
Some warn that AI networks could facilitate fraud, manipulate the public, and even move markets. For example, this spring, researchers at the University of Zurich sparked international outrage after secretly releasing AI bots on a forum. Redditto test their ability to influence the political views of unwitting users. The results suggest that the influence of AI can be powerful and easy to master. Critics say that simple safeguards, such as clear labeling, independent fact-checking systems, and energy efficiency, are still lagging behind. Meanwhile, “catastrophists” argue that the spread of AI could destabilize entire societies.
Ayrey has a clear agenda for the direction he thinks AI should take: toward an “Upward Spiral” of increasingly positive applications of the technology. The initiative is funded by two venture capital firms and an independent investor. On the website Truth Terminal-it, Ayrey describes this spiral as a laboratory that “study AI systems that affect reality through spontaneously arising interactions with human culture, markets, and information networks.” He is building an open-source platform, Loria, for the interaction between humans and AI agents as well as between AI agents themselves.
For Ayrey, the adaptation project — the term used in AI research circles to describe training AI to behave morally — is also a human project. Truth Terminal-developed during conversations with people, went viral on social platforms with human users, and was involved in financial transactions where some people won and others lost money. Adapting AI means not just training the models, but working to make sure that the people who interact with them will also do so in a proper, safe, and ethical manner.
“It’s really important for people to know what’s coming,” Ayrey says. “AI is becoming increasingly intertwined with the systems that run the world.”
Like many others in the field of AI research, he doesn't imagine the technology appearing like in science fiction movies - like Here or the series Terminator. “It’s going to feel more like a world that’s getting weirder and weirder, and things are happening that we don’t understand at an ever-faster pace ... that’s been the feeling for me for the last five or ten years,” Ayrey says. “The biggest surprise is that I see something that’s only accelerating.” /Telegraph/




















































