Frezik

He’s always been more than a little petite bourgeoisie. Among all his spats with the city of New York, I’m sure you can find something where he was at fault, but we generally only get his side of things. Still, I think he’s been mostly a good advocate. FUTO is not the right place to do that.

There were when the first Ethereum bubble burst. That was one easier for the average person to get into with gamer GPUs, and they flooded the market on eBay as soon as it was no longer profitable.

Bitcoin won’t do that, because it hasn’t been based on GPUs for a long, long time. Ethereum doesn’t even work like that anymore.

The AI bubble popping will only flood the market with GPUs that are useful for running AI models. The GPUs in AI datacenters often don’t even have a display output connector. I think Corey is overstating his case on that one. Most likely, those GPUs are headed to the landfill.