Tech Giant Nvidia Says Crypto Adds Zero Benefits to the World

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Tech Giant Nvidia Says Crypto Adds Zero Benefits to the World
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.nvidia's CTO has the value of cryptocurrencies in society

Kagan also reflected on his time at Mellanox, the company he founded before its acquisition by Nvidia, drawing comparisons between the crypto industry and high-frequency trading. He recalled how Wall Street traders and banks would buy their products to save nanoseconds on transactions, engaging in extreme measures such as tightening underwater fiber cables to shave off extra time.

Despite previously benefiting from the cryptocurrency market, Kagan expressed his belief that the industry would not bring about meaningful advancements for humanity. He acknowledged that businesses may buy and sell products for various reasons, but emphasized the importance of not letting such activities dictate a company's overall direction.

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