The post Nvidia Stock Market Record Is Bullish For Cryptos Like Kai Cat Coin Whose Presale Is Almost Over appeared first on Coinpedia Fintech News
Nvidia Corporation, the American multinational computer chip manufacturer headquartered in Santa Clara, California, became the most valuable company in the world this week. And they didn’t even tell PewDiePie to thank you for getting all these kids hooked on video games.
Some of those kids are single young men, who index above their peers on disposable income and from their jobs in tech— and those are the exact demo who are going to understand and jive with the technological and financial possibilities of a new cat meme currency launching in just a few days: Kai Cat Coin ($KAI) on Ethereum, currently in presale until July 4.
So the rest of us have a decision to make today:
Are we going to throw our surplus earnings in with Jim Cramer and CNBC to the most expensive, highest-flying stock in the most expensive stock market in U.S. history–
Or take the economic behavioural sink into total degeneracy and ape into more AI-ready meme coins with our anonymous Frans on Telegram and X?
Even Warren Buffett would have a tough time with this one, but that is– as the Berkshire don has readily admitted– because he doesn’t understand technology or the Internet.
That’s why he didn’t profit from Amazon or Apple until the nerds had already made most of the profit that capitalism gives you for showing up early with some money you have saved.
The Eyes Have It for Nvidia
Of course, Nvidia graphics chips can be used for more than video graphics in computer and console gaming. They work very fast and because of their design, graphics processing units (GPUs) are more efficient at visual and spatial processing than central processing units (CPUs).
These chips keep track of where things are on the road for autonomous or driverless vehicles– smart cars that drive themselves– using the information from cameras and other sensors, similar to how human brains do with the sensory data from our eyes and ears when we drive.
They’re also going to be pretty important to virtual reality (or metaverse, whatever Zuckerberg wants to call it), medical imaging, computer-aided engineering and design, and deep learning for AI.
Why are Nvidia’s chips so valuable?
Because GPUs process inputs using parallel processing (scalable up to supercomputing capability) rather than linear processing like CPUs.
That’s very much like how the 3-dimensional mesh of neurons that comprises animal neocortices works to process visual information in the brain!
Bullish For Ai Cryptos Like Kai Cat Coin
When ChatGPT and OpenAI wowed the world last year with large language model AI chatbots, investors were so inspired it became a dominant investing narrative on Wall Street.
The ultimate play– or so the Wall Street demo thinks— is Nvidia. That is a very smart AI play. Forget picking and choosing the exact apps to invest in when the infrastructure will be there powering any of the apps that do go on to change the world and deliver profits to investors.
What problem will AI solve best next?
Who knows? But it can’t exist in the first place without the chips.
It also can’t actually solve problems for us with the level of autonomy that will generate the value AI promises unless artificial intelligence can be economized.
Without an economic system of incentives (think scarcity, supply and demand, and currency), AI could waste everything our civilization gives it in a day just as fast as a Lambo’s 5.7 liter V12 burns up all the gas in your tank just to roar down the road loud.
Please understand something so you will understand why investing in Ethereum liquidity projects of any denomination– cat, dog, frog, whatever– is the cutting edge of high-tech capitalism in the world today:
It is not you and me who are going to be using this currency. It’s the AI concierges that will live and work in our smartphones and Silicon Valley server farms that will use digital currency the most for a metered economy.
They will outnumber and outearn humanity in no time. These changes are a rocketship to the planetary singularity we are all on, and there is no reason not to hitch your wagon to these rockets and make it happen faster for all of us– and be rewarded for it.
The anonymous group of backers who developed Ethereum Kai Cat Coin ($KAI) wanted to share this message with you here today. The new AI-ready cat meme currency launches on July 4. If you think Nvidia’s still a good AI play go in peace with the masses who are already parked there.
But if you think smart blockchain platforms like Ethereum are the dark horse AI play that Wall Street missed, throw a fee to your friendly peer on Ethereum to securely lock the keys to your own KAI Coin in your MetaMask Wallet– and wait. Something amazing is about to happen.
Kai Cat Coin Has Raised Over $500,000 In Presale.
$KAI launches on Uniswap and other crypto exchanges starting July 4.