We asked ChatGPT to explain Bitcoin like a 1920s mobster; The result is hilarious

The text-based artificial intelligence (AI) platform ChatGPT is all the rage these days, as people are discovering they can use it for writing all sorts of things, including jokes, poems, stories, predictions on cryptocurrency prices, or even to explain Bitcoin (BTC) as would, for instance, a 1920s mobster.

Indeed, to bring some light after the most recent blow to the crypto sphere in the form of the United States Securities and Exchange Commission (SEC) forcing the crypto trading platform Kraken to shut down its staking services in the U.S., Finbold asked ChatGPT to explain Bitcoin in the style of a mobster from the 1920s.

As it happens, the AI did a very good job, deploying the vocabulary, phrasing, content, and sentence style that resembles that of the movies and shows featuring organized crime syndicates from the ‘roaring twenties’ era that marked the American landscape at the time.

Telling it like a mobster

First, ChatGPT artfully introduced the topic, making it difficult not to read the text in a 1920s gangster voice:

“Alright boss, let me break it down for you. Bitcoin is like this stash of cash we got hidden away, see. Only instead of being in a physical place like a safety deposit box, it’s all digital, get it? And just like regular money, you can use it to buy things, but there’s a few key differences.”

Like a skillful storyteller, the AI continued to explain the main benefits of this kind of money, using relatable and simple terms for a mobster:

“First off, it’s completely anonymous. No one knows who’s makin’ the transactions, which makes it a pretty sweet setup for us. Second, it’s decentralized, which means there ain’t no one person or bank in charge of it, it’s all run by the people usin’ it, get it? And the best part? It’s completely untraceable. No government, no bank, no one can track where the bitcoins are comin’ from or where they’re going. It’s like we’re runnin’ our own little shadow economy.”

Finally, in the manner of a careful 1920s mobster, ChatGPT warns his imaginary boss about the importance of understanding the potential risks of dealing with Bitcoin, while at the same time reiterating its advantages:

“Now, the value of a bitcoin can change just like the stock market, so you gotta keep an eye on it. But if you play your cards right, you could end up with a real nice payout. Just remember, it’s a risky game and you gotta be careful, or you could end up losin’ everything.”

Conclusion

Despite the comedic value of having ChatGPT role-play as a crook from the beginning of the last century while describing a very modern concept, its educational purpose can easily be recognized as well, thanks to the humorous and simple approach to explaining Bitcoin to someone who knows nothing about it.