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“The market rewards intelligent allocation” is such a straightforwardly false statement that I can’t believe anyone still says this with a straight face. The la
by mbgerring 2mo ago
“The market rewards intelligent allocation” is such a straightforwardly false statement that I can’t believe anyone still says this with a straight face. The last ten years of the US economy have just been scam after scam after scam, and people just keep saying this.
- blitzar 2mo agoNFTs were worth more than $1 trillion so we know that they were "better" than the Ai efforts of today because “The market rewards intelligent allocation”
- not-a-llm 2mo agothey never were if I sell 1 token at $1 and there are a trillion of them minted, that does not make a $1T market cap but if you want to prove a point against AI with fake data, sure
- blitzar 2mo agoIf I sell 1 token at $139.14 and 13.17 billion of them minted, that makes a $1.8T market cap. Space data centres are the panicle of intelligent allocation.