A well-known veteran investor has made a striking prediction, drawing parallels between the current state of cryptocurrency and NVIDIA's early days before the advent of the AI boom.
According to the investor, today's DeFi users are unintentionally subsidizing the development of an inevitable fully on-chain institutional financial system. This system will eventually dominate the market, but first, it must navigate through a period of regulatory uncertainty.
The comparison between crypto and NVIDIA is based on the idea that both were initially underappreciated assets that later became essential components in their respective fields. Just as early gamers helped pave the way for AI, DeFi users are creating the foundation for an entirely new financial landscape.