Many crypto naysayers are heard arguing that most of the existing projects won’t stand the test of time. And it’s true that a lot of them haven’t been existing for a long period. In the grand scheme of things, even Bitcoin is a baby.
With that said, we took the opportunity to talk to no other but ChatGPT itself – the AI language model that took the world by storm in the past few months.
We decided to ask which five cryptocurrencies will survive in the coming decade. The answer is somewhat interesting.
To anyone following the cryptocurrency industry, it shouldn’t come much as a surprise that Bitcoin took the first spot. ChatGPT argued that it’s the first and most well-known cryptocurrency.
Bitcoin has established itself as a store of value and a medium of exchange. It has a significant network effect, widespread adoption, and strong brand recognition.
It’s interesting to note that there’s a massive debate within the community about whether BTC serves as a good medium of exchange or an even better store of value. Both sides of it seem to be rather polarized, and it’s a topic debated for a long while. ChatGPT seems to consider it to be both. That’s cool.
At this point, it’s worth noting that the response also included a disclaimer:
I can’t predict the future with certainty, especially when it comes to the volatile cryptocurrency market.
It also clarified that its knowledge cutoff was in September 2021. This is what the top 10 (by market cap) looked like back then:Source: CoinMarketCap
ChatGPT argued that ETH and BNB will also stand the test of time. Commenting on Ethereum, it explained:
Ethereum’s robust ecosystem and ongoing development make it a prominent player in the cryptocurrency space.
It’s interesting to note that Ethereum’s merge had not taken place at the time of ChatGPT’s knowledge cutoff on this topic.
At number three came BNB – the native cryptocurrency of the Binance exchange. The AI explained:
Binance’s strong market position and innovative offerings contribute to BNB’s potential longevity.
According to ChatGPT, ADA has a unique approach and a growing community, and this makes it a cryptocurrency to watch.
Now, to those of you who have been following the industry for a while, this probably doesn’t come much as a surprise since Cardano has been amongst the frontrunners for quite some time.
Charles Hoskinson, Cardano’s founder, is also one of the founding members of Ethereum.
But this is where things get a bit interesting and, quite frankly, surprising.
Tether’s USDT and Ripple’s XRP have been some of the veteran cryptocurrencies that almost always made their cut in the top 10. Both of them are backed by major companies with considerable funding and a ton of talent.
However, ChatGPT thinks that Polkadot (DOT) is the fifth cryptocurrency from our question that will make the cut and survive in the next decade.
It argued that:
Polakdot’s interoperability features and growing ecosystem position it as a potential long-term player in the cryptocurrency industry.
Now, does the above mean other cryptocurrencies will collapse? Probably not. Of course, none of this should be construed as financial advice. The content is for educational and entertainment purposes only, and you should always make your own research and consult a professional on the matter. However, it is quite interesting to poke the digital brains of an AI language model that seems to have an answer different than what many would think.
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