What Does ChatGPT Have to Say About Crypto?

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Since the beginning of 2023, not a day goes by where we don’t hear about the miracle AI language model ChatGPT. Somedays, it’s going to run skilled programmers out of offices. On other days, it’s out for the blood of writers. But most days, it’s just comedic fodder for YouTubers or TikTok influencers.

Interestingly, there was one rather ludicrous day on Twitter when the chronically online cohort asked the language model to write poems about Biden and Trump. It obliged the Biden request but wasn’t too thrilled about writing an ode to Trump, which understandably enraged a good number of people. ChatGPT was the woke enemy for a full 24 hours before the mob moved on to spy balloons and alien invasion threats. However, the jury is still out on whether Trumpers on Twitter will take back tech’s lord and savior ChatGPT. 

Come to think of it, LinkedIn might be the only place ChatGPT is safe — revered even — with online gurus peddling their own versions of “How to Use ChatGPT” and the latest “How to Actually Use ChatGPT.”

However, ChatGPT, unperturbed by all the hate and scorn, trudges on, faithfully continuing to churn out essays for lazy high schoolers, as it is rightfully programmed to do. But, while I write this, I wonder: Is it offensive to call this incredibly capable tool “it”? Good thing I don’t have to wonder, I can ask ChatGPT itself.

“Yes, “it” is an acceptable pronoun to refer to me,” says the all-knowing and eerily polite ChatGPT. Good to know. I, for one, do not want to get on the wrong side of a creepily astute AI.

All jokes aside, there’s one thing the crypto world has been wondering since the language model burst onto the scene: How is this useful for us?  Before we come to uses, what I’m wondering, in particular, is: what does the viral sensation think about crypto?

Though it accepts and reiterates quite often that it does not have opinions and feelings, it does offer some insight into the data present online about crypto and about certain tokens. If that piques your interest, read on — here’s our interview with ChatGPT.

What do you think about cryptocurrency?

As an AI language model, I don’t have personal opinions or feelings about anything, including cryptocurrencies. However, I can provide you with information on crypto and its various aspects if you have any questions or specific topics you want to explore.

What do you think about Bitcoin?

As an AI language model, I don’t have personal opinions or feelings about anything, including Bitcoin. However, I can provide you with information on Bitcoin, its history, and its current state. Bitcoin is the first and most well-known cryptocurrency, created in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto. It is a decentralized digital currency that allows for peer-to-peer transactions without the need for a central authority. Transactions are verified through a network of nodes and recorded on a public ledger called the blockchain. Bitcoin’s value is determined by market supply and demand, and it has seen significant price fluctuations over the years. While some people view Bitcoin as a revolutionary technology with the potential to transform the financial system, others have criticized it for its volatility and lack of regulation.

Should I invest in cryptocurrency?

As an AI language model, I cannot provide financial or investment advice. Deciding whether or not to invest in crypto, or any asset for that matter, is a personal decision that depends on your individual financial situation, investment goals, and risk tolerance. It’s important to conduct your own research and seek the advice of a financial professional before making any investment decisions. It’s also important to note that investing in cryptocurrencies can be risky, as their value is subject to significant price fluctuations and they are not backed by any government or central authority.

What is the most promising crypto?

As an AI language model, I do not have personal opinions or preferences. It’s important to note that the cryptocurrency market is highly volatile and unpredictable, and it’s difficult to predict which cryptocurrency will be the most promising in the long term.

That being said, there are several cryptocurrencies that have gained significant attention and adoption in recent years, including:

  1. Bitcoin (BTC): Bitcoin is the original and most well-known cryptocurrency. It has a large market capitalization and a high level of adoption, which has contributed to its stability and resilience.
  2. Ethereum (ETH): Ethereum is the second largest cryptocurrency by market capitalization and is known for its smart contract functionality, which allows developers to build decentralized applications (DApps) on top of its blockchain.
  3. Binance Coin (BNB): Binance Coin is the native cryptocurrency of the Binance exchange, which is one of the largest cryptocurrency exchanges in the world. It is used to pay for transaction fees on the Binance exchange and has seen significant adoption due to the exchange’s popularity.
  4. Cardano (ADA): Cardano is a third-generation blockchain that aims to improve on the scalability, interoperability, and sustainability of earlier blockchains. It has gained significant attention due to its focus on academic research and a scientific approach to development.
  5. Polkadot (DOT): Polkadot is a blockchain network that aims to connect different blockchains together, allowing them to communicate and interact with each other. It has gained attention for its potential to solve the problem of blockchain interoperability.

It’s important to conduct thorough research and due diligence before investing in any cryptocurrency, as the market can be highly volatile and unpredictable. It’s also important to consider factors such as the technology behind the cryptocurrency, the team behind the project, and the level of adoption and use cases for the cryptocurrency.

It goes without saying that ChatGPT’s must-have crypto-list should be taken with a pinch of salt. A boulder even. Because, although ChatGPT has received unbridled enthusiasm from every major industry player (and their grandma), and even though ChatGPT is now the Patron Saint of all things AI — it still is outdated. ChatGPT only possesses data from before 2021.

Nonetheless, it’s not a bad attempt. And despite its rather diplomatic and weak answers, I am impressed by ChatGPT, especially by how tactically it avoids contentious debates. And its distinguishably coherent answers to my probing questions were more human than any of its counterparts, and admittedly, a bit too human-like for my liking. One thing is for sure — whether I like it or not — ChatGPT is here to stay, there’s no denying it. And even though it offers meek and tame answers about crypto today, it won’t be long before ChatGPT, in true influencer fashion, will be generating something along the lines of: “This isn’t financial advice but …”

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.