You can borrow against most of the valuable assets - land, house, factory, and even art. But you still can't easily get a loan against GPUs, one of the most valuable assets on earth right now.

David Choi, co-founder of USDai (Permian Labs), is building the market that fixes that. He lends against the chip rather than the company, and uses crypto rails to turn that debt into a tradeable instrument instantly, instead of over the three years traditional securitisation takes. We get into why banks won't finance chips, why GPUs beat every other asset they tested, what stops a borrower from running off with the hardware, and why GPU-backed debt eventually replaces all credit in an AI-driven economy.

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