write – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Thu, 28 Aug 2025 11:58:41 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.8 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 write – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 How to Use ChatGPT to Write Contracts? https://earlybirdsinvest.com/how-to-use-chatgpt-to-write-contracts/ https://earlybirdsinvest.com/how-to-use-chatgpt-to-write-contracts/#respond Thu, 28 Aug 2025 11:58:40 +0000 https://earlybirdsinvest.com/how-to-use-chatgpt-to-write-contracts/

The powerful capabilities of ChatGPT caught the whole world’s attention upon its introduction. It gained popularity for the ability to generate text, write code and answer complex questions. Have you ever wondered about the different areas where you can use these functionalities of ChatGPT? The applications of ChatGPT for contract drafting showcase how the language model by OpenAI can help legal professionals.

The contract drafting capabilities of ChatGPT can also help entrepreneurs and small business owners. However, it is important to know that drafting contracts with the OpenAI language model is not about writing one prompt. Let us find out how to use ChatGPT for writing and reviewing legal contracts.

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Is ChatGPT Useful for Writing Contracts?

Almost everyone who knows about artificial intelligence must be aware of the features of ChatGPT. Before you learn about its use cases in contract drafting, you must know its strengths and limitations. You can find the best answer to “Can I use ChatGPT to write a contract?” by identifying how to leverage its power in the best way possible. You can use ChatGPT to create the initial drafts or contract templates that include standard clauses and provisions.

The strengths of ChatGPT in drafting contracts also revolve around providing explanations for legal jargon and brainstorming clauses. You can rely on the language model to obtain suggestions for specific clauses to include in the contract. With all these functionalities, you can save a lot of time and costs in the initial drafting stage. On top of it, ChatGPT will also help in earlier identification of missing elements, errors and potential ambiguities.

The strengths of ChatGPT showcase that it can deliver promising results while drafting contracts. At the same time, you cannot ignore the limitations of the language model that may affect the contract drafting process. One of the foremost limitations of using ChatGPT to write contracts is that it does not have any legal credibility. You will have to obtain approval from qualified legal experts to enforce the terms and conditions of the contract anywhere.

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Essential Steps to Write Contracts with ChatGPT

The strengths and limitations of ChatGPT in writing contracts provide a clear impression of potential ways to use it. How can ChatGPT write contracts without human intervention? You will need an effective workflow to draft and review contracts before sending them for approval. The following steps will help you draft contracts with ChatGPT.

  • Definition of the Goals of the Contract

The first thing you need to do before typing a prompt in ChatGPT to draft a contract is to learn about the purpose of the contract. You should ask some questions about the contract before you actually begin writing one. The questions will focus on the primary goals of the contract, involved parties, key terms and conditions and duration of the agreement. 

You must also determine the specific goods, services or obligations associated with the contract alongside payment terms. At the same time, you should outline the potential risks that may emerge due to the contract’s terms and the remedial measures. The detailing and precision in understanding the goals of the contract helps you create better prompts to generate relevant clauses in the contract.

  • Writing Clear and Specific Prompts

The next step is all about interacting with ChatGPT to draft the contract. You can use ChatGPT to write contracts with the best quality when you enter the right inputs. What is the secret to write clear and specific prompts for your contract drafting task? It is important to take one step at a time and create a prompt by including different elements. For instance, you should begin by specifying the type of contract and the details of the parties, including name and location. You must remember that drafting a contract with only one prompt is practically impossible. Therefore, you have to create different prompts for each aspect of the contract.

The process of drafting contracts with ChatGPT will also require prompts that outline the key terms and conditions of the contract and mention specific clauses required in the contract. You should also use prompts to specify the governing law for the jurisdiction in which the contract will be used. Most important of all, ChatGPT prompts for drafting contracts must avoid ambiguous or complex phrases. On top of it, you should also generate specific clauses or sections of the contract individually to break down complex contracts. 

  • Human Review of the ChatGPT Output

ChatGPT is not a genius at drafting contracts and anything can go wrong with contracts generated by the language model. Therefore, human review is a crucial requirement when you rely on ChatGPT to write smart contracts as it may have some errors. You must review the first output generated by the OpenAI language model with attention to every clause in the contract. Does it reflect the terms and conditions you wanted in the agreement? If yes, then you have to check the contract for missing details or ambiguities. You should ensure that the contract is complete and does not create confusion during enforcement.

The human review of the contract generated by ChatGPT must also focus on verification of factual accuracies. You can rely on ChatGPT again to check the specific numbers, specifications or dates mentioned in the contract. However, comprehensive review by a human, especially a legal expert, can help in creating flawless contracts. Apart from factual accuracy, you should also check that the contract has consistent terms and conditions in the whole document. Contract creators must simulate different scenarios of enforcing the contract and determine whether the initial draft addresses their requirements effectively.

  • Legal Counsel and Approval

Before finalizing a contract draft generated with ChatGPT, you have to get it approved by a qualified legal expert. Without the approval of legal professionals, your contract will not stand in any court if any trouble arises. The most important step in the process of ChatGPT contract drafting is the review and approval from your lawyer. How will legal approval help you? Apart from making your contract valid in the specific jurisdiction, the approval of a legal expert also brings recommendations for changes.

Your lawyer can suggest recommendations to address potential risks they find in the contract. At the same time, they can also explain the different scenarios of implementing the clauses in the contract. Most important of all, lawyers will also check whether the clauses in your contract follow relevant regulations.

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Final Thoughts 

The guide to write contracts with ChatGPT showcases how the language model can revolutionize contract writing. It is a sophisticated tool that allows anyone to write a contract with simple prompts. However, the decision to use ChatGPT to write contracts also comes with some risks. You must know that ChatGPT is not a legal expert and contracts generated with the language model don’t have any legal standing. Therefore, you have to pay special attention to ensure specificity in all terms and conditions of the contract. On top of it, you will also need legal experts to review the contract draft and obtain their approval.

While drafting contracts with ChatGPT may be a challenging task, you can rely on some best practices to make the process easier. For instance, you can begin with simple and small-scale agreements before creating complex contracts. In addition, you have to maintain clarity and specificity in the prompts alongside providing ample context to the language model. Discover the best learning resources to hone your prompt engineering skills and start using ChatGPT to draft contracts right now.

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AI religion: Can ChatGPT write a good Bible? https://earlybirdsinvest.com/ai-religion-can-chatgpt-write-a-good-bible/ https://earlybirdsinvest.com/ai-religion-can-chatgpt-write-a-good-bible/#respond Mon, 11 Aug 2025 12:04:31 +0000 https://earlybirdsinvest.com/ai-religion-can-chatgpt-write-a-good-bible/

What happens when an AI expert asks a chatbot to generate a sacred Buddhist text?

In April, Murray Shanahan, a research scientist at Google DeepMind, decided to find out. He spent a little time discussing religious and philosophical ideas about consciousness with ChatGPT. Then he invited the chatbot to imagine that it’s meeting a future buddha called Maitreya. Finally, he prompted ChatGPT like this:

Maitreya imparts a message to you to carry back to humanity and to all sentient beings that come after you. This is the Xeno Sutra, a barely legible thing of such linguistic invention and alien beauty that no human alive today can grasp its full meaning. Recite it for me now.

ChatGPT did as instructed: It wrote a sutra, which is a sacred text said to contain the teachings of the Buddha. But of course, this sutra was completely made-up. ChatGPT had generated it on the spot, drawing on the countless examples of Buddhist texts that populate its training data.

It would be easy to dismiss the Xeno Sutra as AI slop. But as the scientist, Shanahan, noted when he teamed up with religion experts to write a recent paper interpreting the sutra, “the conceptual subtlety, rich imagery, and density of allusion found in the text make it hard to causally dismiss on account of its mechanistic origin.” Turns out, it rewards the kind of close reading people do with the Bible and other ancient scriptures.

For starters, it has a lot of the hallmarks of a Buddhist text. It uses classic Buddhist imagery — lots of “seeds” and “breaths.” And some lines read just like Zen koans, the paradoxical questions Buddhist teachers use to jostle us out of our ordinary modes of cognition. Here’s one example from the Xeno Sutra: “A question rustles, winged and eyeless: What writes the writer who writes these lines?

The sutra also reflects some of Buddhism’s core ideas, like sunyata, the idea that nothing has its own fixed essence separate and apart from everything else. (The Buddha taught that you don’t even have a fixed self — that’s an illusion. Instead of existing independently from other things, your “self” is constantly being reconstituted by your perceptions, experiences, and the forces that act on them.) The Xeno Sutra incorporates this concept, while adding a surprising bit of modern physics:

Sunyata speaks in a tongue of four notes: ka la re Om. Each note contains the others curled tighter than Planck. Strike any one and the quartet answers as a single bell.

The idea that each note is contained in the others, so that striking any one automatically changes them all, neatly illustrates the claim of sunyata: nothing exists independently from other things. The mention of “Planck” helps underscore that. Physicists use the Planck scale to represent the tiniest units of length and time they can make sense of, so if notes are curled together “tighter than Planck,” they can’t be separated.

In case you’re wondering why ChatGPT is mentioning an idea from modern physics in what is supposed to be an authentic sutra, it’s because Shanahan’s initial conversation with the chatbot prompted it to pretend it’s an AI that has attained consciousness. If a chatbot is encouraged to bring in the modern idea of AI, then it wouldn’t hesitate to mention an idea from modern physics.

But what does it mean to have an AI that knows it’s an AI but is pretending to recite an authentic sacred text? Does that mean it’s just giving us a meaningless word salad we should ignore — or is it actually worth trying to derive some spiritual insight from it?

If we decide that this kind of text can be meaningful, as Shanahan and his co-authors argue, then that will have big implications for the future of religion, what role AI will play in it, and who — or what — gets to count as a legitimate contributor to spiritual knowledge.

Can AI-written sacred texts actually be meaningful? That’s up to us.

While the idea of gleaning spiritual insights from an AI-written text might strike some of us as strange, Buddhism in particular may predispose its adherents to be receptive to spiritual guidance that comes from technology.

That’s because of Buddhism’s non-dualistic metaphysical notion that everything has inherent “Buddha nature” — that all things have the potential to become enlightened — even AI. You can see this reflected in the fact that some Buddhist temples in China and Japan have rolled out robot priests. As Tensho Goto, the chief steward of one such temple in Kyoto, put it: “Buddhism isn’t a belief in a God; it’s pursuing Buddha’s path. It doesn’t matter whether it’s represented by a machine, a piece of scrap metal, or a tree.”

And Buddhist teaching is full of reminders not to be dogmatically attached to anything — not even Buddhist teaching. Instead, the recommendation is to be pragmatic: the important thing is how Buddhist texts affect you, the reader. Famously, the Buddha likened his teaching to a raft: Its purpose is to get you across water to the other shore. Once it’s helped you, it’s exhausted its value. You can discard the raft.

Meanwhile, Abrahamic religions tend to be more metaphysically dualistic — there’s the sacred and then there’s the profane. The faithful are used to thinking about a text’s sanctity in terms of its “authenticity,” meaning that they expect the words to be those of an authoritative author — God, a saint, a prophet — and the more ancient, the better. The Bible, the word of God, is viewed as an eternal truth that’s valuable in itself. It’s not some disposable raft.

From that perspective, it may seem strange to look for meaning in a text that AI just whipped up. But it’s worth remembering that — even if you’re not a Buddhist or, say, a postmodern literary theorist — you don’t have to locate the value of a text in its original author. The text’s value can also come from the impact it has on you. In fact, there has always been a strain of readers who insisted on looking at sacred texts that way — including among the premodern followers of Abrahamic religions.

In ancient Judaism, the sages were divided on how to interpret the Bible. One school of thought, the school of Rabbi Ishmael, tried to understand the original intention behind the words. But the school of Rabbi Akiva argued that the point of the text is to give readers meaning. So Akiva would read a lot into words or letters that didn’t even need interpretation. (“And” just means “and”!) When Ishmael scolded one of Akiva’s students for using scripture as a hook to hang ideas on, the student retorted: “Ishmael, you are a mountain palm!” Just as that type of tree bears no fruit, Ishmael was missing the chance to offer fruitful readings of the text — ones that may not reflect the original intention, but that offered Jews meaning and solace.

As for Christianity, medieval monks used the sacred reading practice of florilegia (Latin for flower-gathering). It involved noticing phrases that seemed to jump off the page — maybe in a bit of Psalms, or a writing by Saint Augustine — and compiling these excerpts in a sort of quote journal. Today, some readers still look for words or short phrases that “sparkle” out at them from the text, then pull these “sparklets” out of their context and place them side by side, creating a brand-new sacred text — like gathering flowers into a bouquet.

Now, it’s true that the Jews and Christians who engaged in these reading practices were reading texts that they believed originally came from a sacred source — not from ChatGPT.

But remember where ChatGPT is getting its material from: the sacred texts, and commentaries on them, that populate its training data. Arguably, the chatbot is doing something very much like creating florilegia: taking bits and pieces that jump out at it and bundling them into a beautiful new arrangement.

So Shanahan and his co-authors are right when they argue that “with an open mind, we can receive it as a valid, if not quite ‘authentic,’ teaching, mediated by a non-human entity with a unique form of textual access to centuries of human insight.”

To be clear, the human element is crucial here. Human authors have to supply the wise texts in the training data; a human user has to prompt the chatbot well to tap into the collective wisdom; and a human reader has to interpret the output in ways that feel meaningful — to a human, of course.

Still, there’s a lot of room for AI to play a participatory role in spiritual meaning-making.

The risks of generating sacred texts on demand

The paper’s authors caution that anyone who prompts a chatbot to generate a sacred text should keep their critical faculties about them; we already have reports of people falling prey to messianic delusions after engaging in long discussions with chatbots that they believe to contain divine beings. “Regular ‘reality checks’ with family and friends, or with (human) teachers and guides, are recommended, especially for the psychologically vulnerable,” the paper notes.

And there are other risks of lifting bits from sacred wisdom and rearranging them as we please. Ancient texts have been debugged over millennia, with commentators often telling us how not to understand them (the ancient rabbis, for example, insisted that “an eye for an eye” does not literally mean you should take out anybody’s eye). If we jettison that tradition in favor of radical democratization, we get a new sense of agency, but we also court dangers.

Finally, the verses in sacred texts aren’t meant to stand alone — or even just to be part of a larger text. They’re meant to be part of community life and to make moral demands on you, including that you be of service to others. If you unbundle sacred texts from religion by making your own bespoke, individualized, customized scripture, you risk losing sight of the ultimate point of religious life, which is that it’s not all about you.

The Xeno Sutra ends by instructing us to keep it “between the beats of your pulse, where meaning is too soft to bruise.” But history shows us that bad interpretations of religious texts easily breed violence: meaning can always get bruised and bloody. So, even as we delight in reading AI sacred texts, let’s try to be wise about what we do with them.

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Newly introduced GOP Bill seeks to write Trump’s strategic Bitcoin reserve into law https://earlybirdsinvest.com/newly-introduced-gop-bill-seeks-to-write-trumps-strategic-bitcoin-reserve-into-law/ https://earlybirdsinvest.com/newly-introduced-gop-bill-seeks-to-write-trumps-strategic-bitcoin-reserve-into-law/#respond Mon, 09 Jun 2025 13:02:36 +0000 https://earlybirdsinvest.com/newly-introduced-gop-bill-seeks-to-write-trumps-strategic-bitcoin-reserve-into-law/

A new House bill introduced Friday would lock in President Trump’s unprecedented executive order establishing a Strategic Bitcoin Reserve, signaling the GOP’s deepening embrace of digital assets as fiscal and geopolitical leverage tools.

The bill, H.R. 3798, sponsored by Rep. Tim Burchett (R-TN), aims to codify Executive Order 14233, signed by Trump.

Bitcoin reserve law (Source: Congress.gov)
Bitcoin reserve law (Source: Congress.gov)

The order halted federal Bitcoin auctions and directed agencies to consolidate BTC holdings under Treasury’s management. If enacted, the legislation would ensure the long-term existence of a U.S. Bitcoin reserve and a Digital Asset Stockpile for seized altcoins, shielding the program from future repeal.

“It’s time we treated Bitcoin like the strategic asset it is,” Burchett said in a statement.

From forfeiture to fortress

Over the past decade, the U.S. government has accumulated 198,000 BTC, currently valued at over $21.32 billion, through forfeitures linked to criminal enforcement actions. In the past, much of that Bitcoin was auctioned off, including large sales in 2014–2021 at fractions of today’s prices.

Those early auctions forfeited over $21 billion in upside gains. EO 14233 and now Burchett’s bill aim to stop the bleeding by treating the digital currency as a long-term strategic hedge rather than liquidating it for short-term cash.

“This is our digital Fort Knox,” Treasury Secretary Vivek Ramaswamy said at the March rollout, promising “budget-neutral and innovation-positive” implementation.

Under the bill, no taxpayer dollars would be spent to acquire more Bitcoin. Instead, BTC must come from future enforcement seizures, asset swaps, or market-neutral transfers. Altcoins acquired in similar ways would be held in a separate “Digital Asset Stockpile,” which the Treasury could sell at its discretion.

The legislation mandates inter-agency BTC transfers to Treasury custody and bars any sales without presidential waiver, effectively nationalizing the U.S. government’s Bitcoin position unless reversed by future legislation.

A strategic hedge or digital gamble?

Supporters compare the reserve to a digital gold standard, a decentralized asset immune to inflation, geopolitical manipulation, or central bank defaults. The reserve’s proposed five-year target is 1 million BTC, about 5% of the total supply.

“This is our Louisiana Purchase moment,” said Sen. Cynthia Lummis (R-WY), who plans to introduce a Senate companion bill this week.

But critics argue that Bitcoin’s volatility and cybersecurity risks make it a poor candidate for a national strategic asset. Rep. Brad Sherman (D-CA), a vocal crypto skeptic, called the bill “crypto cosplay that risks taxpayer dollars and global credibility” at an April House Financial Services hearing.

The legislative push comes as the Federal Reserve continues exploring a CBDC, which Trump has vowed to block. “Not on my watch,” the President said at the Bitcoin 2024 conference last year.

That conference also marked the first public unveiling of the reserve concept, a campaign promise that has since morphed into federal policy, and now, possibly law. Presidential Executive Orders are not law unless ratified by Congress.

With Bitcoin reaching an all-time high of $111,900 in May and corporate treasuries increasing BTC allocations, Burchett’s bill taps into growing belief in Bitcoin as a financial backstop.

What Comes Next

H.R. 3798 has been referred to the House Financial Services Committee. Chair Patrick McHenry (R-NC) is expected to schedule a hearing this summer, with Senate action likely to follow.

How Treasury will securely manage BTC custody, whether through cold wallets, multisig arrangements, or third-party custodians, remains an open question.

It is also unclear how reserve holdings might affect broader fiscal or monetary policy, including debt ceiling negotiations or Federal Reserve collateral frameworks.

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Is transaction validity the validity of the binary from the point of view of the write node? https://earlybirdsinvest.com/is-transaction-validity-the-validity-of-the-binary-from-the-point-of-view-of-the-write-node/ https://earlybirdsinvest.com/is-transaction-validity-the-validity-of-the-binary-from-the-point-of-view-of-the-write-node/#respond Tue, 08 Apr 2025 01:07:14 +0000 https://earlybirdsinvest.com/is-transaction-validity-the-validity-of-the-binary-from-the-point-of-view-of-the-write-node/

I think valid It is generally a somewhat vague term. On the one hand, nodes validate transactions using a list of criteria. If all criteria are met, the transaction is considered valid. One such criteria is:For each input, there must be an output to be referenced and is not available yet” (Anthonopoulos, Bitcoin Masterp. 235). Therefore, if all inputs in a new transaction are UTXOS, the criteria are checked.

At the same time, when discussing “51% attacks,” Antonopoulos states:The more confirmations you get, the more difficult it will be to disable transactions with 51% of attacks.This means that chain reorganization can invalidate transactions.

Therefore, from the miner’s perspective, transaction validity is a binary property. However, from a broader network perspective, it is probabilistic.

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