ChatGPT learns that Bitcoin will end central banking and fiat currency
ChatGPT is a powerful new artificial intelligence (AI) tool capable of solving problems, advanced coding, answering complex questions and now spelling the end of fiat currencies.
Parman, a Bitcoin self-storage mentor and writer, taught ChatGPT that Bitcoin (BTC) would bring the end of government-issued fiat currencies and shared the results in a Twitter thread.
Parman explained that he “orange pilled” or convinced the bot about Bitcoin and that the machine learning tool “is now a Bitcoiner.”
The process was straightforward. First, Parman asked ChatGPT how humanity could end central banking. After all, Bitcoin was created in the shadow of the 2008 financial crisis, and the genesis block has the words “Chancellor on the brink of second bailout for banks” etched into it, perhaps showing founder Satoshi Nakamoto’s aversion to central banking.
ChatGPT explains that one way to end central banking could be “decentralized digital currencies”, which sound a lot like Bitcoin. Parman asks the bot to answer the question with two words, to which it responds, “decentralize finance.” That is, DeFi could bring the end of central banking.
Parman, a Bitcoin maximalist, told the bot that DeFi is a “marketing term for what is actually centralized finance to defraud people” and asked it to look a little deeper, to which ChatGPT replied, “stop fiat.”
Speaking to Cointelegraph, Parman explained that he tested ChatGPT and tried using two-word responses to express himself during the conversation:
“I wanted to see how ‘smart’ it is [ChatGPT] our. If it came up with the two-word answer to end central banking like ‘buy Bitcoin,’ I was going to be impressed.”
Parman was satisfied with the answer that ending fiat would bring down the central bank, so he moved on to the how. How can humanity end fiat currency?
ChatGPT listed four options: a return to a gold standard, promoting alternative currencies such as Bitcoin, reducing public spending and changing the perception of the government. The AI bot was closing in, but Parman is a serial Bitcoin orange pill learner and wouldn’t give up. He explained:
“My natural instinct is to use the orange pill, so I guided it to the correct answer.”
The machine learning tool now understood that crypto adoption could lead to the end of fiat, but crypto, in Parman’s view, is not the answer. “There is only one cryptocurrency that makes this possible, as it is the only one that has no issuer,” he wrote.
Related: 10 Ways Blockchain Developers Can Use ChatGPT
Parman points to the fact that when Bitcoin was first mined, it was a digital trial, an experiment with a digital token that had no value or promise of value. All other cryptocurrencies, Parman explained, “have management teams and are therefore centralized.”
So, which is it: ChatGPT, Bitcoin or crypto? The bot replied: Bitcoin.
Parman had successfully convinced a machine learning bot that Bitcoin could bring the end of fiat currency. But why bother with all that effort? Parman explained in a conversation with Cointelegraph:
“Importantly, the world needs to know that central banking is a fraud, and everyone needs to know that Bitcoin is the only thing that can stop it.”
Perhaps with the powerful ChatGPT bot on Team Bitcoin, the world can get a little closer to this realization.
