TechFlow reports, Nick Tomaino, founder of 1Confirmation, stated that Ethereum's fully diluted valuation (FDV) is approximately 10% of Nvidia's market capitalization. He suggested a "long ETH, short NVDA" hedging trade, viewing it as a strategy supporting human empowerment over human control.
Tomaino believes Ethereum represents the ultimate technology for human empowerment, whereas AI in its current form represents the ultimate technology for human control. Since Nvidia’s primary customers are concentrated among large tech companies, investing in Nvidia is effectively betting that AI will be dominated by large corporations and governments and used to control people.
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