Bitcoin has fallen a little from the benchmark point of $30,000 in recent days, and the reason is speculated that a group of people want to take advantage of the previous rally to quickly sell arbitrage. However, unexpectedly, the banking crisis continued to ferment, and because First Republic also poked out of the basket, soon Bitcoin began to climb again, driving a batch of other cryptocurrencies to rise again.
However, in general, Bitcoin is currently in a tepid state, and the entire cryptocurrency circle, if evaluated from the perspective of global venture capitalists' willingness to spend money, is still at a freezing point; It only reached $2.4 billion in the first quarter of 2023, down 80% year-over-year and 23% sequentially. Of course, many VC boys are not the old iron of the currency circle, but they just saw the boom period before to get a piece of the pie, and now they see that the road ahead is a little bleak, and it is not surprising that they are ready to pick a pick. In fact, the currency circle is more of a belief, whether you believe it or not, anyway, the old irons believe, they will stick to the light of the long term, but it is almost impossible for the VCs who are halfway out of the house to continue to squat and consume, unless those VCs have been under the banner of being the natives of the currency circle from the beginning of the founding of the sect.
At the same time, the emergence of ChatGPT has become a big hit at present, and the overwhelming media coverage has made ordinary people want to be popularized by "generative AI". The toiling public generally looks at the bustle outside the door, and at most worries about whether it will be replaced by high-tech in the future and lose their jobs. The rich have a new direction of big money, which has already invested $2.654 billion in startups in this field in 2022, an increase of 70% over 2021. It is estimated that this investment data will be even stronger by the end of 2023, because Microsoft issued a large check of $10 billion to OpenAI (ChatGPT's daddy company) at the beginning of the year.
At present, OpenAI is actually a half-owned company, with a valuation of nearly $30 billion, and some other startups, although the valuation has reached billions of levels, is simply like a foil compared with OpenAI.
A group of people in the coin circle began to think that this popular ChatGPT can also bless them, even if it is good to create momentum. This is not a company called FalconX in San Francisco, usually mainly provides institutional investors to trade cryptocurrency technology platform, so it installed the OpenAI API in its own platform to make a chatbot, named after the name of Bitcoin Yuanzun, called Satoshi, the interface is roughly as follows, so that users can ask questions at any time when trading.
The type of question can relate to market information or trading strategies, for example:
- How much money has my crypto portfolio made in the last 3 days?
- Help me calculate the risk ratio of buying and holding Bitcoin in the last two weeks?
-Who is the most influential big man who publishes digital currency-related news on social media? What have the big guys said these days?
。。。
Of course, this Satoshi chatbot is still in its infancy, and for the trader user, it can't make you a chart or use professional tools to do in-depth analysis for you at your command, and the robot needs to continue learning. However, all this has also given the cryptocurrency community a big brain hole for ChatGPT in the industry has a wide range of application scenarios, in addition to the above mentioned market and transaction analysis of cryptocurrencies, there are also examples:
- Applied to code to write smart contracts: When ChatGPT learns to a certain stage, it can not be put into operation, instead of asking people to write bitterly
- There is also the use of ChatGPT to query data on the blockchain: Although the blockchain is the best choice for storing data with the advantages of immutability, openness and transparency, once you want to find the data, it is troublesome. Decentralized infrastructure makes it inconvenient to find relevant data in a short period of time, and sometimes complete information is not stored in a block. Moreover, the data storage method of the blockchain lacks a traditional query language (such as the query language SQL, CQL or JPQL), so you need to write a lot of code to interact with the DApp data, which is time-consuming and laborious. Then this work is estimated to be lost to artificial intelligence such as ChatGPT in the future.
In short, this alliance of ice and fire still has a lot of room for imagination in the future.