Peter Schiff Says ChatGPT Intelligent for Not Recommending Bitcoin (BTC) Investment

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Peter Schiff Says ChatGPT Intelligent for Not Recommending Bitcoin (BTC) Investment
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ChatGPT has sided with Gold compared to Bitcoin as an investment asset

to the recommendation of ChatGPT, the biggest allocation of about 40% should be given to bonds that it considers a relatively safe investment. The artificial intelligence chatbot also recommended a 30% allocation to defensive stocks, which it said are generally less affected by economic cycles.

Then, the bot excited Peter Schiff by recommending a 20% allocation to Gold, which it considers a safe haven during economic downturns. The remaining 10% was allocated to cash, which the bot recommends is necessary for taking advantage of new opportunities that may arise as well as in meeting immediate needs that may arise unexpectedly.

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