February 6, 2023

Taylor Daily Press

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ChatGPT AI answers questions about Bitcoin and Ethereum

chat It is a chatbot called AI that managed to attract more than a million users in just a few days. ChatGPT is very human and the possibilities are endless with what you can use a chatbot for. Anyway, the internet quickly became dazzled and the chatbot now also answered some questions about a scientist Digital currencies.

Bitcoin and Ethereum

On the first question, either bitcoin (BTC) has intrinsic value, ChatGPT replied as follows:

Some people would argue that the decentralized nature of Bitcoin and its ability to act as a digital store of value can be considered intrinsic value.

The answer reflects the view shared by some of Bitcoin’s biggest proponents that it is the “digital gold” of the 21stH Century, thanks to uncontrollable monetary policy.

When comparing Bitcoin to the number two by market cap, Ethereum (ETH), the chatbot noted, Bitcoin is often referred to as digital gold. He also said that “he is the main thing.” use case It offers an alternative to traditional fiat currencies, such as the US dollar or the euro. In contrast, Ethereum has been described as having “greater innovation potential than Bitcoin,” which makes it more attractive to developers.

When asked if Bitcoin would become the world’s reserve currency, the bot did not rule out the possibility. While it still lacks the “infrastructure, organization and stability” to be considered as such, it is still “possible that the future will bring changes to this situation” as technology grows and develops.

“Who is Satoshi?”

When asked who is hiding behind Satoshi Nakamoto, not even ChatGPT could provide a meaningful answer. He said the identity was “not made public and not known to the public”. He also referred to Craig Wright, among others, from in October He lost another lawsuit that makes him not officially Satoshi Nakamoto:

“While some individuals have claimed to be Satoshi Nakamoto or are suspected of being the creator of the content, none of these claims have been independently verified.”