@citrini Equity-financed overbuilds wipe out shareholders (dot-com); debt-financed ones produce actual credit events and contagion (telecom 2000-01, the dark-fiber bust)
Gotta be honest, Bittensor dumps hardest like a meme coin despite working on decentralized industry
We can't count on CT traders to support TAO. It will take institutional money to break our ties with crypto degens
My biggest issue with #bitcoin is that the energy is wasted. Imagine it was somehow redeemable or usable.
Many say its a feature and not a bug, imo just retarded as can do much more useful stuff with that energy
Its why i dont hold any bitcoin anymore
Everyone shilling $TAO here like it is the second coming of Jesus when in reality it is still a POS.
The real decentralized AI play here is Ritual, which will be releasing a token soon.