On Sunday, Coinbase’s head of business operations, Conor Grogan, claimed to have discovered a “jailbreak” that allows the artificial intelligence (AI) tool known as ChatGPT to calculate price outcomes for the major cryptocurrencies Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) by 2035. Grogan shared a screenshot of ChatGPT’s data on his Twitter page, which showed that it indicated a 15% likelihood of BTC completely fading to irrelevancy by the year 2035 with its value dropping over 99.99%.
Grogan also posted the script containing the prompt he used to generate the tables found in ChatGPT. He stated that he tested the prompt over a hundred times, which produced results that hardly varied at all. On top of calculating the prices and likelihoods of the major digital currency outcomes, Grogan also unveiled that ChatGPT can detect security vulnerabilities in Ethereum smart contracts and present a blueprint on how to exploit those defects.
ChatGPT is an AI language model created by OpenAI, and it is widely employed for natural language processing. The tool allowed Grogan to analyze Bitcoin, Ethereum, and Dogecoin prices, and with its latest form, ChatGPT can spot security weaknesses and outline measures to break them. At the time of writing, BTC was trading at around $28,488, down 2.99% in the last 24 hours, as per Benzinga Pro.
Coinbase is a company headquartered in San Francisco, founded in 2020, that allows users to purchase, sell, and manage cryptocurrencies like Bitcoin, Ethereum, and more. Their mission is to create an open financial system where anyone can participate. The company believes in leading a technological revolution to make the financial system safer, more transparent, and accessible to all.
Conor Grogan is the Head of Business Operations at Coinbase, as well as a Venture Builder and Advisor at HolyAdv. Grogan has over twelve years of experience in various tech sectors ranging from robotics and automation to financial services and artificial intelligence. In the past five years, Grogan has built and scaled two international venture studios and personally invested in over a dozen companies in various tech sectors.
