What ChatGPT Thinks About Digital Assets

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Todd Groth explores ChatGPT to figure out what the artificial intelligence bot thinks about crypto – and how that might factor into an investment opinion – in this week’s “Crypto Long & Short.”

Anyway, what does ChatGPT think about crypto – and does that thinking pose a threat to investment writers and strategists?

Because [b]itcoin is decentralized, it offers a level of privacy and security that traditional financial systems cannot match. However, its value can be volatile and there are risks associated with investing in it. Decentralization: Cryptocurrencies like [b]itcoin and [ether] are decentralized, meaning they are not controlled by any central authority or government. This can make transactions faster, cheaper and more secure.

Programmability: Some cryptocurrencies like [ether] allow developers to create decentralized applications that can run on the blockchain. These applications can be used for a wide range of purposes, including finance, gaming, voting and supply chain management.

 

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