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theli0nheart
8mo ago
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Backed by what?
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7 comments · 2 top-level
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kaptainscarlet
8mo ago
· 5 in thread
Compute resources.
w3ll_w3ll_w3ll
8mo ago
So like Bitcoin?
denismenace
8mo ago
Not the same, since if you buy Bitcoin, you don't have partial ownership of the machines used to mine and also these machines being used for a singular purpose which you cannot change.
rvba
8mo ago
It is backed by AMD stockholders, whose stock just got diluted.
It's like in that movie "Social network"
vel0city
8mo ago
And high end networking gear will always have a buyer, right Nortel?
dsr_
8mo ago
Lucent agrees: even used, the product will retain 90% of list price because the market has an infinite number of VC-backed buyers.
aurareturn
8mo ago
Ownership in a company.
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