ChatGPT is a potent new artificial intelligence (AI) technology that is capable of problem-solving, sophisticated coding, answering complex questions, and even predicting the collapse of fiat currencies.
Parman, a Bitcoin self-custody tutor, and author instructed ChatGPT that Bitcoin will lead to the demise of government-issued fiat currencies and posted the findings in a Twitter thread.
Parman claimed that he “orange-pilled” or persuaded the machine learning tool about Bitcoin and that it is now “a Bitcoiner.”
The procedure was uncomplicated. First, Parman questioned ChatGPT on how central banking might be eliminated. In fact, Bitcoin was founded in the aftermath of the 2008 financial crisis, and the genesis block has the inscription “Chancellor on the verge of second bailout for banks,” which may indicate Satoshi Nakamoto’s opposition to central banking.
ChatGPT suggests that “decentralized digital currencies” might be one method to replace central banking, which sounds a lot like Bitcoin.
The bot responds to Parman’s request for a two-word response with “decentralized finance.”
In other words, DeFi might lead to the end of central banking.
Bitcoin maximalist Parman informed ChatGPT that DeFi is a “marketing phrase for what is basically centralized finance to defraud people” and requested it to investigate more. ChatGPT responded, “stop fiat.”
Parman said to Cointelegraph that he was testing ChatGPT and attempting to move the discussion forward with two-word responses.
“I wanted to determine ChatGPT’s intelligence. “I would have been astounded if the answer to the two-word question on how to abolish central banking was “purchase Bitcoin.”
Parman was pleased with the argument that the end of fiat would lead to the collapse of central banking, so he went on to the question of how.
Recommended: Will Bitcoin ever replace the US dollar? Here is What We Know
How can mankind eliminate fiat money?
ChatGPT proposed four options: a return to the gold standard, the promotion of alternative currencies such as Bitcoin, a reduction in government expenditure, and a shift in public image of the government.
The AI bot was closing in, but Parman, a recurrent Bitcoin orange-piller and instructor, would not relent.
He elaborated:
The machine learning tool now comprehends that crypto proliferation might lead to the demise of fiat, but Parman believes that crypto is not the solution.
“This is only conceivable with one cryptocurrency since it is the only one without an issuer,” he wrote.
Other Related News
Regulators Request Paxos To Cease Circulation Of Binance Stablecoin (BUSD)
Client Money Totaling At Least $1 Billion Are Missing From FTX – Reuters
ChatGPT Predicts Bitcoin Will End Central Banking And Fiat Currency
Analysis: What Bitcoin Performance Will Be In 2023
When Bitcoin was originally mined, it was a digital trial, an experiment with a digital token that had neither value nor a promise of worth, according to Parman.
All other cryptocurrencies have leadership teams and are consequently centralized, according to Parman.
Then, which is it: ChatGPT, Bitcoin, or cryptocurrency?
The bot’s response was Bitcoin.
Parman had effectively persuaded a machine-learning bot that Bitcoin may spell the end of conventional money.
But why go to all that trouble? Parman elaborated in an interview with Cointelegraph.
With the strong ChatGPT bot on Team Bitcoin, maybe this insight will become a bit more widespread.