Comment by cyanydeez
3 months ago
They also need artificial demand to keep the valuations of their data centers high, so generating multiple business interests creating wash trading benefits their interests.
3 months ago
They also need artificial demand to keep the valuations of their data centers high, so generating multiple business interests creating wash trading benefits their interests.
Along with this, hedge funds got the heads up, and being smart/efficient money, went and bought up a load of power companies. This means higher profits as energy prices increase.
They would be surely rushing to invest in power infrastructure and use the AI scare (military need) to push through legislation. If they aren't doing this, they must be predicting the demand won't follow through...