Forbes: What about exchanges? Obviously, they have to integrate with the networks and many are also integrating Lightning as well to facilitate deposits and withdrawals.They are slowly doing that and some of them are partnering with companies in which we've invested.Our North Star has been bitcoin winners, building great products and services that we would want to be utilizing ourselves.
One massive recent signal is BlackRock getting in with their bitcoin spot ETF. What I think it does is lower the hurdle for financial institutions and financial advisors, because no longer are they going to have career risk. Over the last 15 years the mainstream media has classified bitcoin as something that is only used by criminals, for dark markets or money laundering. But now with BlackRock lowering the hurdle for these institutions to be able to come in I think that's a big signal.
Forbes: Many miners are making noise about getting into artificial intelligence now. What are your thoughts?I group this all into distributed compute because bitcoin was the first distributed compute you can easily turn off and the network continues to function. The same is going to be for AI in the amount of rendering required.
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