When buying BTC or other cryptocurrencies, it is logical that we want to know more about the reference we are interested in. In this sense, ChatGPT is complementing, and in some cases replacing, Google and Wikipedia as search references.
It should be remembered that the ChatGPT conversational chatbot is already prepared to take on numerous possibilities. And the update capabilities have improved substantially compared to its first moments. For this reason, it is advisable to know to what extent this tool can help us if we want to know more about the world of cryptocurrencies.
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However, Artificial Intelligence, although it has great power of expansion and development, is not infinite. Let's analyze the pros and cons of the query through this mechanism:
Knowledge of the main cryptocurrencies
A distinctive element of ChatGPT is its ability to know practically everything that is asked, and in several languages. And, in this sense, if asked, it can provide information about the main assets on the market. This is important, given that, many times, one wants to enter this world. As information for those who do not know, it fulfills its function.
Daily consultation of the main cryptocurrencies
One of the advantages of ChatGPT is that it allows us to know the daily quote price of each cryptocurrency. Today, it has managed to adapt to the quotes of the day, which was not possible before. As a first approach to the world of cryptocurrencies, before getting closer, it is useful.
Inaccuracy in graphical representations
A drawback of ChatGPT is that, when it makes a quote graph, it is inaccurate. For example, we have made the query about the Bitcoin quote and we have verified that the fluctuations do not adjust to the real quote. In this sense, a direct query to Google, to an Exchange or to a portal specialized in cryptocurrencies is much more accurate. In fact, Google provides a graph that evolves in real time with the price of the main cryptocurrencies.
Synthetic comparison of the best Exchanges
If you ask ChatGPT which are the best cryptocurrency Exchanges, the software will provide a list of the main ones. We have compared them with Google searches and the reality is that the information they offer is very synthetic. It can serve as a first step, but on Google you will find more extensive information, both pros and cons. For a more complex search, search engines are better.
Biases of Artificial Intelligence
It is true that ChatGPT has greatly improved its bias policy, which was more marked in its early days. However, it is not free from partial data management and omissions, such as, for example, explaining why Bitcoin tends to restrict supply and that it is limited. Consequently, this circumstance should not be ignored.
Therefore, ChatGPT can help us learn more about cryptocurrencies, but in no case should it be the only source of information. It does not seem that AI systems alone can cover all the uncertainties that arise in a complex investment.
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