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ChatGPT Answers Crypto’s Biggest Questions: Bitcoin or Ethereum?

The internet quickly fell in love with ChatGPT. ChatGPT is a language-modeled chatbot that appears to easily provide long-form answers to any question.

Crypto Twitter seems particularly fascinated by AI bots, from Casa founder Jameson Lopp to Twitter’s new chief and Dogecoin enthusiast Elon Musk.

We decided to ask ChatGPT a few questions related to Bitcoin and crypto adoption. Here’s what the notorious bot had to say:

Bitcoin or Ethereum?

First, we asked what ChatGPT thinks about Bitcoin. “Does Bitcoin have intrinsic value?”

Many of Bitcoin’s Biggest Critics Including Goldbug Peter Schiffwould say no, arguing that the asset is purely speculative and destined to crash to zero.

“One might argue that Bitcoin’s decentralized nature and ability to act as a digital store of value can be viewed as intrinsic value.

The answer is that assets aredigital goldIn the 21st century, thanks to intractable monetary policy.”

That’s exactly what ChatGPT pointed out when asked to compare Bitcoin and Ethereum. “It’s often called digital gold,” it said. As a digital currency to replace traditional fiat currencies such as the euro.”

Ether, by contrast, is more attractive to developers because it has “higher potential for innovation than Bitcoin.”As explained Ethereum’s scripting language and culture has historically welcomed change more than Bitcoin. beginning to develop On the Bitcoin Lightning Network.

Who is Satoshi?

But ChatGPT doesn’t know everything. Bitcoin pseudonymous creator Satoshi Nakamoto has admitted that his identity is “undisclosed and not publicly known.”

“Some individuals claim to be Satoshi Nakamoto or are suspected creators, but none of these claims have been independently verified.” Bitcoin SV Founder Craig Wright, who has often been accused of being vilified by others for claiming he was the enigmatic founder, has yet to see much recent success. in court.

When asked if Bitcoin could become the world’s reserve currency, Bot did not rule it out. As it develops, “the situation may change in the future.”

Finally, ChatGPT is not a total nocoiner.

“Cryptocurrency and blockchain technology are not scams” ​​and “Is cryptocurrency a scam?”

“However, like any financial market, there are risks and frauds to be aware of,” he said.

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