Jay Yu 🐟
@0xfishylosopher
Great read. When you think about it deeper the hesitation in underwriting residual value may be bc there's actually two different types of "depreciation" at play:
1. "Absolute depreciation" - how effective is a chip at generating tokens? Counterintuitively tokens efficiency per
1. "Absolute depreciation" - how effective is a chip at generating tokens? Counterintuitively tokens efficiency per
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Sonnet Xu