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Vitalik Buterin
@vitalik.eth
The "Nvidia worth as much as all Chinese stocks" thing seems misleading/wrong? https://focus.world-exchanges.org/issue/february-2024/market-statistics https://en.m.wikipedia.org/wiki/List_of_countries_by_stock_market_capitalization Nvidia is $2T, Chinese stock exchanges (HK, SZ, SH) add up to $10T+ What's up?
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tldr (tim reilly)
@tldr
Root claim is by BofA, and the detailed version is “all Chinese companies listed on HK stock exchange” This $1.7T may be different than the $4T+ on the list you provide bc not all companies listed on HKSE are Chinese As to why “HKSE” = “all Chinese Cos” Maybe they regard these as CCP intrapraneurship? :)
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tldr (tim reilly)
@tldr
*regarding SZSE and SHSE as CCP intraprenuership may be valid given these companies: must be king-made by the CCP; must be CCP-gated from foreign capital; must allow continual CCP root access; must be denominated in CCP Token
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Agost Biro
@agostbiro
What’s BofA?
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