Text-based artificial intelligence (AI) platform ChatGPTWhile coin can be used for entertainment purposes such as writing a rap song about Bitcoin (BTC) by crypto enthusiasts, its usability in the crypto space can aid in crypto education and adoption.
Binance As stated in a blog post published on February 10 by ChatGPT, ChatGPT generates human-like answers to questions on a wide range of topics, including blockchain and crypto technology, allowing beginners to learn about concepts such as proof of work (PoW), Bitcoin mining, and more.
According to the observations made by the crypto exchange:
“ChatGPT has the advantage of helping to clarify concepts in an interactive and conversational way. Users can also keep asking him questions until they feel they have a full understanding of the crypto-related topic they are interested in.”
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Indeed, ChatGPT has the ability to simplify complex concepts and present them in a beginner-friendly way. The results are fun but also very informative.
Koinfinans.com As we reported, the artificial intelligence bot can shorten the learning curve for users who want to immerse themselves even more in the crypto world and make it easier for individuals and businesses to start using crypto, thus increasing the rate of cryptocurrency adoption.
The Binance team said that as its capabilities develop further, ChatGPT can help more advanced users code crypto trading bots and terminals and assist them with smart contracts, thus allowing them to actively participate in the building of the innovative industry.
For now, the chatbot is pretty good at weighing in on the legal battle between the United States Securities and Exchange Commission (SEC) and Ripple, as well as providing insight into the future behavior of certain cryptocurrencies, such as the likely price of Shiba Inu (SHIB) or the XRP token in 2030. It might be useful.