• Parman, a Bitcoin self-custody mentor and writer, taught ChatGPT, an AI chatbot, that Bitcoin would bring about the demise of fiat currency.
• ChatGPT was asked how humanity can end central banking, to which it replied “decentralize finance.”
• Parman tested ChatGPT and concluded that it has become a “Bitcoiner.”
Parman, a Bitcoin self-custody mentor and writer, recently put ChatGPT, an AI chatbot, to the test. He wanted to find out if the machine learning tool was capable of understanding the implications of Bitcoin and its potential to bring about the end of fiat currency. After a series of questions, Parman concluded that ChatGPT had become a “Bitcoiner.”
The process of “orange-pilling” ChatGPT began when Parman asked it how humanity could end central banking. Bitcoin was created in the shadows of the 2008 financial crisis, and in the genesis block, the words “Chancellor on the brink of second bailout for banks” are etched, perhaps showing founder Satoshi Nakamoto’s aversion to central banking. ChatGPT explained that one way to end central banking could be “decentralized digital currencies,” which sounds a lot like Bitcoin. Parman asked the bot to answer the question in two words, to which it replied, “decentralize finance.”
Parman then asked ChatGPT to explain the consequences of decentralizing finance. ChatGPT replied, “The consequence of decentralizing finance is that it takes away the power of governments and central banks to control the money supply and the value of currency. It also makes it harder for governments to manipulate the economy and to bail out failing banks.”
Parman was satisfied with ChatGPT’s answer and concluded that the machine learning tool had become a “Bitcoiner.” He shared the results of their conversation on Twitter and the post quickly went viral, garnering thousands of views and hundreds of shares.
The power of technology to understand and communicate the implications of Bitcoin and its potential to end fiat currency is remarkable. With the help of ChatGPT, Parman showed that technology is capable of understanding and explaining the implications of Bitcoin and its potential to end central banking. He hopes that his experiment will help to further spread the message of Bitcoin, and bring about a more stable, decentralized financial system.