People at nvda have skills, relationships, and equipment But they've already outperformed Bitcoin for a long time based on what seems to just be economic manipulation So I think it's a really interesting question whether they can continue to compete by tokenizing their stocks (making shares scarce like Bitcoin)

It's kinda just: what if nvda couldn't just print money or manipulate share value and they had to like, sell graphics cards to customers for their money

I've never invested in nvda btw, just wondering about the future

Public corporations typically have a market cap at a multiple of at least 2x to their Net Asset Backing. So you could buy equal capital equipment to Nvidia, and hire staff with an equal budget, even buy the "IP", and still have MOST of Nvidia's market cap left over. Conventionally termed "Goodwill", that remaining value is mostly their relationships with the State, that allow them privileges in many, many fields.