Bitcoin could be the second best alternative to central banks: ChatGPT

Bitcoin could be the second best alternative to central banks: ChatGPT

ChatGPT, the artificial intelligence bot, seems to know the value that Bitcoin holds and commands in the financial industry. A Bitcoin maxi that provides educational materials for newcomers to the cryptocurrency markets, ChatGPT asked “How can humanity put an end to central banking?”

Surprisingly, ChatGPT explained that one way central banking could come to an end could be by “decentralized digital currencies”, which is more like Bitcoin.

The BTC max honestly asked, “Which is it ChatGPT: Bitcoin or crypto?” The bot replied with “Bitcoins”.

Read also: Here’s how Bitcoin could do in February 2023

Bitcoin was created by Satoshi Nakamoto after the 2008 financial crisis to protect investors from central institutions. The AI ​​also emphasized that in one of its answers “Decentralize finances” could be another option to end central banking.

“You’re not going to believe this, but I just have Orange Pilled ChatGPT. It is now a Bitcoiner. See this conversation, it’s incredible,” tweeted the Bitcoin maxi called Parman.

You can go through the Twitter thread below to fully understand ChatGPT’s views on Bitcoin and the digital asset market.

Read also: Top 3 cryptocurrency to watch in February 2023

The machine learning tool understands the importance Bitcoin and other cryptocurrencies play in the financial industry. The digital asset market is slowly but steadily spreading its wings by attracting new investors around the world.

ChatGPT also wrote an entire news article about a leading cryptocurrency all on its own. You can read here to know how well the AI ​​bot understands the digital markets.

Read also: Is Bitcoin likely to close at its highest price since August 2022?

The rise of Bitcoin and ChatGPT

ChatGPT AI Bitcoin BTC
Source: Engineersgarage.com

The only thing that is constant in the world is ‘change’. The old sector is disrupted by the new and evolves to become more beneficial to the common person at that particular time. Just as Bitcoin challenged traditional banks, ChatGPT is now challenging the Google search engine. Whether they succeeded in their mission or failed, there is no doubt that both are good for the world.