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ChatGPT learns Bitcoin will end central banking and fiat currency

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A Bitcoin mentor convinced ChatGPT, the AI chatbot, that Bitcoin would bring about the demise of fiat currency.

ChatGPT is a powerful new AI tool, capable of problem-solving, advanced coding, answering complicated questions and now–spelling out the end of fiat currencies.

Parman, a Bitcoin self-custody mentor and writer, taught ChatGPT that Bitcoin (BTC) would bring about the end of government-issued fiat currencies and shared the results in a Twitter thread.

You're not going to believe this, but I just Orange Pilled #ChapGPT. It is now a Bitcoiner. See this conversation, it's incredible. (Thread) pic.twitter.com/HJOqezmjlG

— Parman (public account) Bitcoin Pub Key Whisperer (@Parman_Public) January 26, 2023

Parman explains 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 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 explains that one way to end central banking could be: “Decentralized digital currencies,” which sounds a lot like Bitcoin. Parman asks the bot to answer the question in two words, to which it replies, “decentralize finance.” That is to say, DeFi could bring about 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 scam people” and asked it to look a little deeper, to which ChatGPT answered, “end fiat.”

In conversation with Cointelegraph, Parman explained that he was testing ChatGPT and trying to use two-word answers to chivvy along the conversation:

“I wanted to see how "smart" it [ChatGPT] was. If it came up with the answer for 2 words to end central banking as 'buy Bitcoin I was going to be blown away.”

Parman was satisfied with the response that ending fiat would fall central banking, so he moved on to the how. How can humanity end fiat currency?

3316d9e0-3bd2-468e-a9bc-8e109dd63668.pngChatGPT's capabilities. Source: chat.openAI

ChatGPT listed four options: a return to a gold standard, promoting alternative currencies such as Bitcoin, reducing government spending, and changing government perception. The AI bot was getting close, but Parman is a serial Bitcoin orange-piller and educator and wouldn't let up. He explained:

“My natural instinct is to orange pill, so I guided it to the right 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 typed.

Related: 10 ways blockchain developers can use ChatGPT

Parman refers to the fact that when Bitcoin was first mined, it was a digital trial, an experiment with a virtual token that had no value nor a promise of value. All other cryptocurrencies, Parman explains, “have leadership teams and are therefore centralized.”

So which one is it, ChatGPT, Bitcoin or crypto? The bot replied: Bitcoin.

Parman had successfully convinced a machine learning bot that Bitcoin could bring about the end of fiat currency. But why bother going to all that effort? Parman explained in a conversation with Cointelegraph:

“Importantly, the world needs to know central banking is a scam, 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 may draw a little closer to that realization.

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  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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