I'm the guy who bought 259684 Bitcoins for under $3000 yesterday (2011)

Having contracted for people in cryptocurrency making sniping bots and other tools previously I learned within a few months that I want to have nothing to so with this environment. It is so absurdly crowded with scammers and takers and just the absolute worst kinds of human behavior. It is actually player versus player in the real world.

There’s no wrong with crypto if you understand it’s simply a ponzi.<p>I wish I’d realized it early then I could have approached it correctly instead of paying attention to the question of whether it represents anything real.

I’m curious if he still has this quantity of bitcoin with him at hand, as that would make him not just a rich man but one of the largest owners of bitcoin.

Coins for distributed AI training.

So anybody know the end result? Did he get some, all, none, in the end?

I can&#x27;t believe crypto is coming back and driving back up the prices of GPUs as we finally find a use for them [1].<p>It&#x27;s annoying enough having cash-rich crypto companies pivot into AI (with no idea what they&#x27;re building and no product sense), but now we&#x27;ll have to fight for consumer GPUs too.<p>And to anyone equivocating GenAI to crypto, realize that the former brings incredible tools and productivity boosts. Tangible value. Ordinary creative people without deep skills can use GenAI to draw masterpieces with LCMs. They&#x27;ll be able to direct films and make music. There&#x27;s still a curve, but it&#x27;s gentle and the rewards are outsized.<p>[1] Gaming and scientific computing aside.