bradmillscan on Nostr: ChatBTC. During bull markets, there is a significant influx of new individuals ...
ChatBTC.
During bull markets, there is a significant influx of new individuals interested in Bitcoin. As “the Bitcoin guy” in my circles, I often receive a torrent of inquiries from friends and family members seeking advice on various aspects of Bitcoin, including the best wallet to use, where to buy Bitcoin, and whether it is too expensive to purchase at the moment. Additionally, they ask whether they should consider investing in shitcoins like doge and Ripple.
The need for a tool to assist in onboarding the next wave of Bitcoiners cannot be overstated. ChatGPT is potentially an excellent tool for this purpose, as it is already capable of answering basic questions about Bitcoin. However, it is not going to be recommended by Bitcoin maximalists, as once your friend starts asking questions about other cryptocurrencies it gives bad answers.
One solution is to create a large language model (LLM) that is trained exclusively on Bitcoin-related content. Hive.one has an API and social graph analysis of the top Bitcoin content creators which can be used to train maxi bot.
To gain the trust of Bitcoiners, the LLM must be deployed in a way that ensures it responds to questions about web3, NFTs, DeFi and shitcoins as we would.
One major game-changing bitcoin adoption opportunity is to integrate the tool as a chat agent in Bitcoin wallets or on Bitcoin websites. Additionally, the bot can be used as a drip feed educational content tool, helping users improve their financial literacy and conviction in Bitcoin through factoids, snippets and tidbits delivered as notifications or SMS messages over many months.
Deploying this tool across Bitcoin websites, wallets and applications will inevitably drive more downloads of Bitcoin-only apps and sales of Bitcoin hardware wallets, as well as opening up the opportunity for bitcoiners to earn sats by sharing the tool via affiliate marketing revenue sharing for Bitcoin-only businesses who offer referral programs.
This will also incentivize Bitcoin website operators to use the tool, as they will earn a share of any referral revenue generated.
It should not be a performance marketing “high bidder” system where companies can pay to get ChatBTC to send referrals, rather a passive income generator based on genuine referrals.
Additionally, this tool will efficiently direct users towards Bitcoin-only websites and exchanges, thus avoiding the pitfalls of entering the shitcoin funnel and drinking crypto koolaid.
Integrating this tool into their own apps will also benefit companies by improving customer service and it can have a content gate identifying the user as a customer of XYZ company, preventing the user from being recommended competing Bitcoin businesses while they use the tool in their apps or on their sites.
This is why I believe that this tool is essential for the future of Bitcoin adoption and why it will be widely used.
Who’s building it?
During bull markets, there is a significant influx of new individuals interested in Bitcoin. As “the Bitcoin guy” in my circles, I often receive a torrent of inquiries from friends and family members seeking advice on various aspects of Bitcoin, including the best wallet to use, where to buy Bitcoin, and whether it is too expensive to purchase at the moment. Additionally, they ask whether they should consider investing in shitcoins like doge and Ripple.
The need for a tool to assist in onboarding the next wave of Bitcoiners cannot be overstated. ChatGPT is potentially an excellent tool for this purpose, as it is already capable of answering basic questions about Bitcoin. However, it is not going to be recommended by Bitcoin maximalists, as once your friend starts asking questions about other cryptocurrencies it gives bad answers.
One solution is to create a large language model (LLM) that is trained exclusively on Bitcoin-related content. Hive.one has an API and social graph analysis of the top Bitcoin content creators which can be used to train maxi bot.
To gain the trust of Bitcoiners, the LLM must be deployed in a way that ensures it responds to questions about web3, NFTs, DeFi and shitcoins as we would.
One major game-changing bitcoin adoption opportunity is to integrate the tool as a chat agent in Bitcoin wallets or on Bitcoin websites. Additionally, the bot can be used as a drip feed educational content tool, helping users improve their financial literacy and conviction in Bitcoin through factoids, snippets and tidbits delivered as notifications or SMS messages over many months.
Deploying this tool across Bitcoin websites, wallets and applications will inevitably drive more downloads of Bitcoin-only apps and sales of Bitcoin hardware wallets, as well as opening up the opportunity for bitcoiners to earn sats by sharing the tool via affiliate marketing revenue sharing for Bitcoin-only businesses who offer referral programs.
This will also incentivize Bitcoin website operators to use the tool, as they will earn a share of any referral revenue generated.
It should not be a performance marketing “high bidder” system where companies can pay to get ChatBTC to send referrals, rather a passive income generator based on genuine referrals.
Additionally, this tool will efficiently direct users towards Bitcoin-only websites and exchanges, thus avoiding the pitfalls of entering the shitcoin funnel and drinking crypto koolaid.
Integrating this tool into their own apps will also benefit companies by improving customer service and it can have a content gate identifying the user as a customer of XYZ company, preventing the user from being recommended competing Bitcoin businesses while they use the tool in their apps or on their sites.
This is why I believe that this tool is essential for the future of Bitcoin adoption and why it will be widely used.
Who’s building it?