Will you choose Nvidia or Bitcoin in the next ten years?

This site (120BtC.coM): The American technology giant Nvidia announced its first quarter 2024 financial report on the morning of the 23rd this week. The data showed that its performance exceeded market expectations. , and then rose rapidly in after-hours trading on U.S. stocks, surpassing the $1,000 mark for the first time. It is worth noting that on the X platform, one faction of analysts in the cryptocurrency industry pointed out that "in the next 10 years, the possibility of Nvidia's return rate exceeding Bitcoin is almost zero."

Nvidia beats BTC over the past decade

Recently, investment strategist Lyn Alden pointed out on social platform . Over the past decade, Nvidia's stock price has significantly outperformed Bitcoin due to its leadership in graphics processing units (GPUs) and artificial intelligence (AI). However, she expressed her position in a tweet, saying that in the next ten years, she would personally choose Bitcoin over Nvidia. This tweet quickly aroused discussion in the community.

According to Statmuse data, technology company Nvidia returned a whopping 21,558% from May 23, 2014 to May 23, 2024. By comparison, Bitcoin (BTC) returned 13,048% during the same period. Nvidia, which makes chips used to train and deploy artificial intelligence (AI) models, has shown impressive growth in the past two years.

Over the past three months, Bitcoin has slightly outperformed Nvidia since the Bitcoin spot ETF was approved on January 10. Data shows that Bitcoin’s return was 31.7%, while Nvidia’s return was 30.2%.

As the OG of Bitcoin, Daniel Sempere Pico also left a message below: "I don't know if anyone could predict the development of artificial intelligence in 2014, but some people have already seen the potential of Bitcoin." He added Dow: If we went back to 2014, I wonder which one we would consider more risky and less obvious to achieve such incredible returns.

In addition, the co-founder of 21st.capital believes that as more and more people begin to use financial assets, financial assets will usually have a wider domino effect than artificial intelligence. He responded, "Artificial intelligence There are no network effects in intelligence. There are multiple layers of network effects in money.”

For the two investment targets of Nvidia and Bitcoin, it may not be appropriate to simply compare their returns together. While both have demonstrated strong growth, they each represent different trends and application areas.

Arthur Hayes: Bitcoin looks at $1 million

On the 21st of this month, Arthur Hayes, founder of the cryptocurrency derivatives exchange BitMEX, also made predictions about the future price of Bitcoin. He believed that , The depreciation of the US dollar represents a sharp increase in global US dollar liquidity, which will be beneficial to the cryptocurrency market. If the central banks of the United States and Japan really adopt a simple and crude swap policy, it will trigger a new round of gains in the cryptocurrency market.

Arthur Hayes suggested that cryptocurrency traders can pay close attention to future changes in the U.S. dollar against the yen exchange rate, and at the same time increase their cryptocurrency allocation appropriately. He emphasized that when the market discovers that the United States and Japan are carrying out large-scale currency swaps, and the scale of the swaps is still expanding, it is likely to mean that the cryptocurrency bull market is coming, and Bitcoin will reach $1 million.

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