When the CEO of the largest GPU Manufacturing firm talks technology trends, people are going to listen. Jensen Huang, like so many other high caliber profiles in the tech sector agree, says cryptocurrency and blockchain are not a fad and are here to stay. Maybe it’s time those driving the fear and doubt in the market start listening?
In an interview on March 29th, Jensen Huang says that the widespread usage of cryptocurrency that continues to spread like wildfire has sealed its existence into the future.
“Cryptocurrency will be here. The ability for the world to have a very low-friction, low-cost way of exchanging value is going to be here for a long time.”
For early investors, crypto has paid off immensely. At the same time, Huang noted that the prices of GPUs have shot up due to increased interest in cryptocurrency mining.
AMD, Bitmain, EBang and Bitfury have all done very well with the cryptocurrency mining craze. Many other companies in the GPU market were having to expand just to keep up with the insane demand. While these and many other GPU brands are working hard to keep up, it certainly creates an honest competition that will benefit gamers in the long run.