According to TechFlow, Nick Tomaino, founder of 1Confirmation, said that Ethereum's fully diluted valuation (FDV) is about 10% of Nvidia's market value. He suggested a "long ETH, short NVDA" hedging transaction, believing that this is a strategy to support human empowerment and oppose human control.
Tomaino believes that Ethereum is the ultimate human empowerment technology, while AI in its current form is the ultimate human control technology. Nvidia’s main customers are large technology companies, and investing in Nvidia is equivalent to betting that AI will be dominated by large companies and governments and used to control people.
