AI and Bitcoin

[nullama]

~snip

It's true AI are impressive,butDaily,Scientists are implementing and been very creative over AI innovations and creations and it's likely seen that AI will soon pose a threat to life and Bitcoin industry.The development of AI concepts that'll override and decline the Overall functioning of Bitcoin's are practically in process but experts are working hard to stay ahead of all these potential threats.

But at the end of the day,AI is just a human tool,and all AI systems are created by humans,meant to assist human capabilities and augment in performing endless human based tasks,do there's literally nothing to worry about at last.

Yes, AI is just a tool. That's it.

It will speed up development of impressive things, Bitcoin included.

You can for example develop applications for Bitcoin way faster with AI because you could ask an AI for things you would have had to read and find, which would have taken a lot of time.

It's like the jump from no Internet to having Internet. It's a massive leap.

If people don't use AI they will be at a disadvantage to the people who use it make goods and services more efficiently.

Imagine running a business without the Internet...

[fuguebtc]

When computers first came into existence it was faced with a lot of negative reactions from the public - that it would take over everything and every type of job. This same is happening with AI as well, because as humans, we tend to fear what happens in the future without being able to properly live the present.

In my opinion, no such thing is going to happen to bitcoin. AI can help people in some redundant work, develop some artwork and maybe more things as the tech grows. No doomsday is happening in real but only in the heads of paranoid people.

So focus on getting more bitcoin into your wallets and live your lives, forget about AI.

To be fair, it is still too early to say that AI will not have a negative impact or pose any threat to bitcoin as AI development is still in its early stages and there are still many limitations . But when it gets more perfect, things may look very different than they do now .
Just like 16 years ago, no one thought or believed that satoshi could create bitcoin and that it would threaten the traditional monetary and financial system . But eventually it happened and similar things can happen at any time because technology never stops evolving and the future is unpredictable .

But that is the future and no one knows what will happen so we don't need to worry because we can't change the future . Instead, we should focus on the present and what we need to do in the present is to accumulate as many bitcoins as possible .

[dderekwalcott]

I'm wondering if AI will pose a threat to Bitcoin in the future? I mean, if AI is able to code on its own, maybe it will make a coin superior to Bitcoin? Or maybe, Bitcoin can make use of AI for its own benefit.

Thoughts?

The relationship between AI and Bitcoin can be seen in two ways—one is competition, the other is potential to reinforce each other. Now thought is that
Could AI be a threat to Bitcoin?
If AI can automatically create new and improved blockchain technology, a cryptocurrency may emerge that surpasses Bitcoin in functionality or security.However, Bitcoin's greatest strength is its network effect and acceptance, which cannot be easily broken.Even if a new coin is created, will it be as trustworthy as Bitcoin? That is the main question.
Can Bitcoin Take Advantage of AI?
Of course it can and is happening !  For example :-
AI is being used to predict the Bitcoin market and make trading more efficient.
More efficient and energy-efficient mining methods can be developed using AI.
AI can improve cyber security, which will further secure the Bitcoin network.
Analyzing what's happening inside the blockchain can help make smarter decisions.  Finally we can say that,
AI can pose challenges for Bitcoin, but it can also help boost Bitcoin's power.Maybe in the future we will see something where AI and Bitcoin will work together, which will create a more efficient and powerful digital economy but nothing can be said for sure, some things have to be left to time, only time will tell whether it will actually be good for us or bad.

[Proty]

This AI trend is taking over the world by storm. It's getting popular each day. People can now generate content well beyond their imagination.

I'm wondering if AI will pose a threat to Bitcoin in the future? I mean, if AI is able to code on its own, maybe it will make a coin superior to Bitcoin? Or maybe, Bitcoin can make use of AI for its own benefit.

Thoughts?

Well as for me I don't really see the possibility of AI creating a coin that will be superior to bitcoin rather it will end up creating another shitcoin. Bitcoin has a very strong network compare to other crypto currency , which I believe before now may have even tried creating a coin like bitcoin but end up coming up with shitcoins. Also bitcoin has so many user that is currently in possession of it and also that believes in the potential of bitcoin so even if AI should generate a coin like bitcoin majority will find it difficult to invest in it.

[Abiky]

AI can code. Many softwares most likely already allow people to make blockchains and all things required to make a cryptocurrency of their own. But AI doesn’t dictate which one would be valuable to the public. We do. People might not be as trusting and open to switching from bitcoin to whatever AI can come up with despite features that could potentially be better than bitcoin’s.

That's certainly true, mate. But what if AI controls the market? Then it could artificially "pump" market prices for specific assets/commodities at will. We haven't reached a point where AI is self-aware (not yet), but we cannot discard this from happening in the future. A cryptocurrency coded by AI can be more secure and more efficient than Bitcoin.

I know there are many altcoins that are faster and cheaper than Bitcoin. But they are often unreliable and unsafe. AI's version can compete with BTC in the future. I get your point, though. If people don't use the new coin, it won't be going anywhere. Who knows what will happen in the long run?

[Smack That Ace]

Well as for me I don't really see the possibility of AI creating a coin that will be superior to bitcoin rather it will end up creating another shitcoin. Bitcoin has a very strong network compare to other crypto currency , which I believe before now may have even tried creating a coin like bitcoin but end up coming up with shitcoins. Also bitcoin has so many user that is currently in possession of it and also that believes in the potential of bitcoin so even if AI should generate a coin like bitcoin majority will find it difficult to invest in it.

Currently, AI cannot create a currency like bitcoin, let alone create a better currency than bitcoin but don't forget that bitcoin is also the result of technological development. Meanwhile, AI is considered the technology of the future, we should not underestimate or take it lightly.

Many people don't believe that a better currency than bitcoin will ever be created because they are so obsessed with bitcoin. But for me, with the rapid development of technology today, I would not be surprised if a better currency than bitcoin appears. Just because there are a lot of shitcoins being created these days, it doesn't mean there won't ever be a better currency than bitcoin created in the future. Nothing can dominate forever, everything will become obsolete and be replaced, especially technology products as technology continues to develop.

[nullama]

~snip~
Well as for me I don't really see the possibility of AI creating a coin that will be superior to bitcoin rather it will end up creating another shitcoin. Bitcoin has a very strong network compare to other crypto currency , which I believe before now may have even tried creating a coin like bitcoin but end up coming up with shitcoins. Also bitcoin has so many user that is currently in possession of it and also that believes in the potential of bitcoin so even if AI should generate a coin like bitcoin majority will find it difficult to invest in it.

The thing is that Bitcoin was the creation of digital scarcity.

Before Bitcoin it was not possible to have a decentralized ledger. This means that Bitcoin gave birth to something unique.

You cannot replicate Bitcoin. It's only one, Bitcoin only. It doesn't make any sense.

The odds of Bitcoin actually surviving were pretty low, yet Satoshi managed to create an initial environment that allowed the world to take Bitcoin and grow it into what it is today, real money.

There were many ways in which it could have gone wrong, many parameters that Satoshi just got right. It's almost like a miracle.

There's simply no possibility that an AI can create "another Bitcoin". It doesn't make sense. It's done. It's like saying that it could create another Internet. It doesn't make sense.

[Velemir Sava]

I don't think so. I've never heard of a coin that can be deployed using AI. The method is still manual as usual. To replace BTC's performance, I don't think so even though they are capable of programming languages. I once tried to ask how the buying and selling price process on the exchange occurs and is set. The answer is general even though we know they will work if there is a special prompt.

[hero_the_bossman]

Nah, AI won't be able to make a better coin than BTC.
Because BTC, the one and only, would be still seen as the most trusted and valued coin out there.

[Zlantann]

That's certainly true, mate. But what if AI controls the market? Then it could artificially "pump" market prices for specific assets/commodities at will. We haven't reached a point where AI is self-aware (not yet), but we cannot discard this from happening in the future. A cryptocurrency coded by AI can be more secure and more efficient than Bitcoin.

I know there are many altcoins that are faster and cheaper than Bitcoin. But they are often unreliable and unsafe. AI's version can compete with BTC in the future. I get your point, though. If people don't use the new coin, it won't be going anywhere. Who knows what will happen in the long run?

The worth or value of Bitcoin is a product of public trust and acceptability. The dollar is just like any other currency, but it is adopted by many countries as a reserve is because of its public acceptance. Artificial intelligence tools can mine any coin but it it can never be like Bitcoin. After all there have been many coins that have been introduced with the developers claiming that it will outclass Bitcoin, but all of them failed. Even the coin backed by the most influential man in the world turned out to be a pump and dump.

AI is contributing to the advancement and service delivery of different sectors. It could be a tool that can be used to make the crypto space more effective and efficient but it lacks the ability to develop a coin that will outshine Bitcoin

[Dr.Bitcoin_Strange]

Well as for me I don't really see the possibility of AI creating a coin that will be superior to bitcoin rather it will end up creating another shitcoin. Bitcoin has a very strong network compare to other crypto currency , which I believe before now may have even tried creating a coin like bitcoin but end up coming up with shitcoins. Also bitcoin has so many user that is currently in possession of it and also that believes in the potential of bitcoin so even if AI should generate a coin like bitcoin majority will find it difficult to invest in it.

There's no possibility that this is going to happen, I think the question should have been, "can a coin that will surpass Bitcoin be created? "  Such question have been asked countless times here and this one is no difference. AI is not as the name implies, is an artificial intelligence and for the fact that humans on their own can not even create a coin or token that will surpass Bitcoin, how much more can AI be able to do that? Not possible, right?

[Franctoshi]

This AI trend is taking over the world by storm. It's getting popular each day. People can now generate content well beyond their imagination.

I'm wondering if AI will pose a threat to Bitcoin in the future? I mean, if AI is able to code on its own, maybe it will make a coin superior to Bitcoin? Or maybe, Bitcoin can make use of AI for its own benefit.

Thoughts?

I doubt if AI will replace Bitcoin core vlue as being decentralized, secure and transparent store of value, or pose a threat to Bitcoin existential,  But rather I look at the future of Al and Bitcoin to being a collaborative one and not in the aspect of a competitive one, Therefore, if AI is explored it can even help to enhance the scalability of the Bitcoin network.

[Abiky]

Currently, AI cannot create a currency like bitcoin, let alone create a better currency than bitcoin but don't forget that bitcoin is also the result of technological development. Meanwhile, AI is considered the technology of the future, we should not underestimate or take it lightly.

Many people don't believe that a better currency than bitcoin will ever be created because they are so obsessed with bitcoin. But for me, with the rapid development of technology today, I would not be surprised if a better currency than bitcoin appears. Just because there are a lot of shitcoins being created these days, it doesn't mean there won't ever be a better currency than bitcoin created in the future. Nothing can dominate forever, everything will become obsolete and be replaced, especially technology products as technology continues to develop.

Well, AI is still in its infancy. It hasn't reached the point where it becomes self-aware. So there's a long road ahead before AI becomes a threat (if any) to Bitcoin. The cryptocurrency is open source, anyways. If a coin with superior tech comes out, developers can simply "mimic" it by modifying Bitcoin's source code. A few tweaks here and there should do the trick.

At this point, I'd say Bitcoin is truly-unstoppable. There are even quantum-resistant algorithms to help counteract the negative effects of quantum computers. Set yourself forward 10-20 years, and Bitcoin will be much bigger and stronger than what it is right now. I'd just sit back and relax.

[AmoreJaz]

I don't think so. I've never heard of a coin that can be deployed using AI. The method is still manual as usual. To replace BTC's performance, I don't think so even though they are capable of programming languages. I once tried to ask how the buying and selling price process on the exchange occurs and is set. The answer is general even tough we know they will work if there is a special prompt.

BTC developers are not just sitting around with these developments. So more than likely, they will found a way how to counteract such advancements. For now, we are already enjoying the benefits of AI with respect to our works. Just look at how chatgpt revolutionize the research as you can easily now command this AI to basically anything. And how it answers is quite fast you have no time to even think for yourself.

[nullama]

I don't think so. I've never heard of a coin that can be deployed using AI. The method is still manual as usual. To replace BTC's performance, I don't think so even though they are capable of programming languages. I once tried to ask how the buying and selling price process on the exchange occurs and is set. The answer is general even though we know they will work if there is a special prompt.

Yes. At the end of the day people can use AI to speed up their activities. They can clone the source code of Bitcoin, no problem, AI can help with that.

People have been copying the source code of Bitcoin and other coins for more than a decade. It all ends up in the same way, a worthless coin.

This is because you can't copy the community that is behing Bitcoin. All the miners hashing away are not going to suddenly start mining your new worthless coin for example.

[Obab]

The capabilities of AI are certainly impressive. There are thousands of different possible outcomes, and not all of them are favorable for the crypto market. One can only hope that AI won't be able to move coins into the red zones at its will, as there’s already so much randomness in cryptocurrency, even though there are real, live factors that can affect the market without the so-called randomness, such as Elon Musk with his coin or the recent actions of Trump. Maybe some are waiting for AI to invade the crypto world, but I want this field to remain for people only, and what happens in the future, no one knows. We'll live and see.

You have many important information in this post because AI is such a technology you can’t imagine that this I technology is making many uncomfortable. As the real lifestyle causes with randomity also affect the market, the potential effects of AI can also come into the crypto industry. But your view is important, where you want people to control and make decisions in this case. This may be a field where AI’s use may also complement human presence and justice, but essentially human decisions and evaluations have been dominated. So you must comply with all these things.

[Minduls]

This AI trend is taking over the world by storm. It's getting popular each day. People can now generate content well beyond their imagination.

I'm wondering if AI will pose a threat to Bitcoin in the future? I mean, if AI is able to code on its own, maybe it will make a coin superior to Bitcoin? Or maybe, Bitcoin can make use of AI for its own benefit.

Thoughts? Regards:https://www.concretecontractorsannarbormichigan.com/

That's an interesting thought! AI could certainly have an impact on the crypto world, but I don't think it will directly replace Bitcoin. While AI might be able to create new cryptocurrencies or improve existing systems, Bitcoin’s value comes from its decentralization, security, and network effect. That said, AI could enhance Bitcoin by improving things like transaction processing, scalability, or security. It’s more likely that AI will work alongside Bitcoin rather than replacing it. What do you think?

[asarfiar]

Artificial Intelligence This processing has caused widespread stir in the world at present. The pace of its work has reached extreme boundaries that are surprising to the world. The AI ​​method is discovering something that is the manifestation of an innovative force of human thinking. We can say that the present day is popularThis artificial intelligence will play a special role as the chief keeper of Bitcoin to move forward. We can expect Bitcoin to make the attachment of a joint form line. I think I think that AI will perform its transmission process through a joint change in Bitcoin.

[benalexis12]

This AI trend is taking over the world by storm. It's getting popular each day. People can now generate content well beyond their imagination.

I'm wondering if AI will pose a threat to Bitcoin in the future? I mean, if AI is able to code on its own, maybe it will make a coin superior to Bitcoin? Or maybe, Bitcoin can make use of AI for its own benefit.

Thoughts?

In a short time we have seen the rapid improvement and development of AI, even in the present, now, we also know that AI technology can be used for good and bad depending on the person using it. Which is almost no different from Bitcoin which can also be used by scammers or exploitative people.

Now, in my opinion, AI can also help so that blockchain technology can further unleash its full potential for a sustainable future and create something more resistant to censorship
and so on in my opinion.

[Orpichukwu]

We  really can't tell if bitcoin will keep leading the crypto space forever because there're possibilities that some other coins to come in existence and take over but for now, we acts at see in believing which in the present bitcoin would be the lead and based on it potential performances it'd keep leading the crypto industry in the future.
So whatever way AI would be used to invent and crypto currency that'd portray advanced bitcoin possessions is still inevitable until it's become a reality.

For sure, nothing can remain at the top forever, but even if there is any coin or development that's going to take over, it can't be something that's being created by AI, which is also developed by humans. AI is good, but for them to create a coin which will compete with Bitcoin in terms of price, anything can, but in terms of decentralisation and total control usage, a coin developed by AI can't compete with Bitcoin at that level.