Elon Musk’s Grok AI names ideal crypto for payments on X
Elon Musk’s developed Artificial Intelligence (AI) Grok is now available for “Premium +” users on X (formerly Twitter). Grok’s team (xAI) claims it to be an advanced AI model free of trained political bias.
Notably, “Premium +” users on the platform started testing and reporting their experience with Grok on December 8. In this context, MJ (@atxmj) asked about the ideal currency for X to use as a means of payment.
What currency would be best for X.com (fka “Twitter”) to adopt for payments, given the following criteria?
- Simplest user experience
- Maximized decentralization
- Minimized usage constraints (permissionless)
- Minimized error
- Minimized latency
- Minimized constraints on throughput
- Minimized fees
- Minimized supply inflation
- Minimized waste of resources and impact on the environment
- Maximized divisibility
– Prompt by MJ
Interestingly, Elon Musk’s AI returned Nano (XNO) as an answer for the aforementioned characteristics. Nano is a low-cap and low-volume cryptocurrency with $107 million capitalization at the time of publication.
Elon Musk’s Grok names Nano (XNO) for payments on X
As for the output, Grok justified its pick and listed each of the characteristics of Nano according to the prompt:
- 1. Simplest user experience: Nano’s design focused on simplicity and ease of use, making it an ideal choice for X.com users.
- 2. Maximized decentralization: Nano is a decentralized, peer-to-peer digital currency, ensuring that no single entity controls the network.
- 3. Minimized usage constraints (permissionless): Nano is permissionless, meaning anyone can participate in the network without needing approval from a central authority.
- 4. Minimized error: The nano protocol is designed to minimize errors and ensure accurate and secure transactions.
- 5. Minimized latency: Nano transactions are fast, with near-instant confirmation times, making it an ideal choice for X.com’s payment system.
- 6. Minimized constraints on throughput: Nano has no artificial limits on transaction throughput, allowing for high-volume transactions without delays.
- 7. Minimized fees: Nano transactions are feeless, making it a cost-efficient solution for X.com users.
- 8. Minimized supply inflation: Nano has a fixed supply of 133,248,297 NANO, ensuring no inflation concerns.
- 9. Minimized wasted resources and impact on the environment: Nano’s innovative block-lattice technology and Open Representative Voting consensus mechanism make it energy-efficient and environmentally friendly.
- 10. Maximized divisibility: Nano can be divided up to 30 decimal places, providing users with the flexibility to make small or large payments.
Disclosure on the prompt
Asked about any previous context, MJ informed Finbold that this output had no previous context besides the shared prompt.
“No, that was with zero prior prompts, and that was my very first try. I’ve tried it several times, and about 2/3 of the time, it goes straight to Nano.”
— MJ
Moreover, he later shared a disclaimer and other results with different prompts, such as using direct quotes from Musk. All of them resulted in XNO as the ideal cryptocurrency for payments, according to Grok outputs.
@elonmusk on what properties would make the best money. #Nano🅧 seems to fit the bill pretty well.
“The thing we call money is just an information system for labor allocation.
What actually matters is making goods & providing services.
We should look at currencies from an… https://t.co/pu8tOY6h8H pic.twitter.com/nKmj4NNmgX
— ᗰᒍ ♡ {𝚎/𝚊𝚌𝚌} (@atxmj) December 8, 2023
However, it is unclear how much the artificial intelligence is influenced by the user X’s historical and personal preferences for its answers. This would unintentionally affect the results of any interactions with Grok.
It is worth noting that Hyscaler mentioned the AI uses live data from X and offers a “customized user experience.” Therefore, each individual user interaction could render different results based on previous engagement.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.