Since the inception of Bitcoin (BTC), the cryptocurrency has experienced significant growth over the years. However, one lingering concern has been the potential for the cryptocurrency to be stopped.
This concern has led to several theories regarding Bitcoin’s long-term sustainability. Finbold turned to OpenAI’s artificial intelligence (AI) tool ChatGPT-4 for insights into Bitcoin’s resilience and potential vulnerabilities to explore the possibility of the asset being stopped.
Indeed, the AI tool pointed out that Bitcoin’s greatest strength lies in its decentralization. Unlike traditional currencies controlled by central banks or governments, Bitcoin operates on a peer-to-peer network without a central authority.
Bitcoin seven-day price chart. Source: Finbold
As things stand, Bitcoin aims to reclaim the $65,000 zone, which is viewed as a pivotal anchor to the next all-time high.
Disclaimer:The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
