Bill Ackman, a prominent investor, is considering buying Bitcoin, stating that Bitcoin could go to infinity. This has sparked discussions within the financial community about the impact on Bitcoin mining, energy costs, and the scarcity of GPUs due to the AI boom.
.@BillAckman mulls #bitcoin and @saylor would like to have a chat. @SteveAlpher reports https://t.co/MuAMr8LE5y
Nothing like an AI boom to make GPUs scarce and therefore bitcoin more expensive.
. @billackman I encourage you to spend some time on bitcoin mining. I used to (incorrectly) think as you do on this topic. Bitcoin miners cannot pay competitive rates for energy and survive. They need to tap into low cost, difficult to access and/or excess energy sources. As…
Ackman wanting to buy BTC…well add that to the perfect storm https://t.co/9wBxwUIb6C
Absolute fire from @BillAckman today: "Bitcoin goes to infinity. Maybe I should buy some Bitcoin."