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Jensen Huang on Bitcoin: A New Way to Pocket Surplus Energy
[Narrative] That leather-jacketed knife-wielder from NVIDIA has spoken again. Jensen Huang, the head of this $4.5 trillion market cap giant, recently talked about Bitcoin.
His perspective is quite interesting—he thinks Bitcoin is essentially doing one thing: turning surplus energy that would otherwise be wasted into a brand-new form of currency. And the coolest part is, you can carry it in your pocket and take it anywhere you want, without any geographic restrictions.
Hearing this from a chip industry giant is quite intriguing. After all, NVIDIA’s GPUs are at the heart of mining rigs, so his understanding of this industry should be much deeper than most. Comparing Bitcoin to an “energy storage medium” is definitely a fresh perspective.