RAIR Foundation USA founder Amy Mekelburg just delivered a BRUTAL truth to Congress:
"Islam is a hostile totalitarian political ideology using our freedoms to destroy us. To every non-Muslim, it offers three choices: convert, submit, or die."
"It does not stop until every court, every school, and every government on earth is under Sharia."
"These networks operate more than 8,000 Islamic nonprofits across America, including 650 in Texas alone."
"They have no plan of assimilating."
We MUST stop importing Islam to the West. It is a Trojan Horse meant to destroy us.
Breaking: Muslim terrorists just stormed a Christian village in Nigeria and unleashed pure demonic savagery on innocent families who couldn’t run fast enough to escape.
They captured pregnant women and hacked their bellies open with machetes — forcing the young women to witness their own unborn babies die right in front of them as they succumbed to fatal stab wounds.
All because they were Christians who refused to convert to Islam.
No one in the international community, UN, EU, ICC, or ICJ seems to care. Not even Christian leaders in the West.
Please pray for the persecuted Christians in Nigeria.
💔💔💔💔
@CredibleCrypto@ReplyJag@0xSweep Scammers will always shill any garbage they can. But this space has changed. All those scams are going to ZERO no matter how much you shill them
The Christians in Nigeria, in order to survive and thrive, must:
1. Declare an independent Christian state.
2. Ally with the State of Israel, establishing a sister-state agreement with it in all fields.
3. Build a military similar to the IDF in power and determination, with Israel's assistance. A military that will strike with immense force in the way Israel operates against anyone who dares to try to continue exterminating them.
Bittensor is a crypto-ponzi; unsustainable nonsense!
TAO has no utility or PMF; it is all driven by token inflation:
$328M worth of new tokens are printed annually, yet only $15M in annual revenue was generated!
Subsidies from holders pay for subnets; economically bankrupt: 🧵
Token inflation is used to give people the illusion of low cost. As the truth is that creating AI models in a "decentralized" way is far more expensive. While offering no additional utility or benefits
It is all theatre; subnets are not created as competitive products. They are created simply to exist & extract as much value out of TAO investors as possible
Ponzinomics & Extraction:
For example, the Pine Analytics data proved that unsubsidized inference on the Chutes subnet would cost up to 3.5x as much as centralized competitors such as Deepseek or TogetherAI!
What makes it all so much worse is that token holders pay for these subnets through inflation. Yet, none of the revenue actually flows back to the token holders. The subnet owners get to keep 100% of the revenue! On top of 18% of emissions, just because...
That is a borderline scam, extremely profitable for subnet operators, but setting up token investors for extreme loss when the system inevitably collapses
As TAO has a 21M supply limit, which might be appealing to ignorant token investors. But also implies that the network will entirely collapse, as it is fundamentally unsustainable, just like BTC
Inefficient & Expensive:
The problems run even deeper than that, as is the case with most DePin projects that rely on subsidies rather than real-world value accrual:
The reason why decentralized computing is so inefficient is that it requires verification & replication. Within a trustless environment, we cannot simply trust the work done by individual nodes. Instead, the work must be replicated multiple times over, introducing extreme inefficiencies. This is not so bad for simple TX's, but for serious, large computing tasks, this becomes a deal breaker
This is why 41% of the rewards go to "validators" whose sole task is to verify that the work being done is legitimate!
This only adds to the massive inefficiency already introduced by latency within a distributed network. There are several good reasons why AIs are trained in massive data centers with cards equipped with extremely low-latency, high-bandwidth connections. Something TAO is unable to directly compete with in technical & economic terms
Product Theatre:
In some cases, it is worth paying a premium for decentralization; one example of this is decentralized storage
However, this is not the case for the training of AI's, as this is a one-off cost usually carried out by a centralized for-profit organization. As running the AI itself is much cheaper & even achievable by individuals on a single consumer-grade machine...
So, what is the incentive for this centralized organization to use a more expensive method? That does not even result in a commercially viable product, due to the lack of scale... The answer is that there is no legitimate incentive!
As there are only so many people they can fool into such a ponzinomic scheme, creating an upper bound on the size these subnets can grow to, which is nowhere near what large centralized AI companies can achieve today
Conclusion:
There is no future in such a bankrupt design!
It is all theatre to extract as much as possible; subnets are not created as competitive products. They are created simply to exist & to extract as much value out of token investors as possible!
There is much I did not cover in this critique, including "decentralization theatre", modularity, bad governance, perverse incentives & terrible UX. This critique was purely economic, which is bad enough to reject TAO on that basis alone!
As value investors, we have to avoid such nonsense. It is not only dangerous from an investment perspective, but it also harms the industry as a whole. The more we prop up nonsense like this, the more difficult it will be for outsiders to take our industry seriously
That is why we must speak out, as we care about crypto's ultimate goals. Financial freedom, censorship resistance, privacy & more
Reject the nonsense, as the numbers & facts speak for themselves. Crypto already presents us with such a beautiful dream for the future; let's not spoil our opportunity by wasting our energy on half-baked ideas like TAO
Crypto deserves better than that. So, help us spread this message far & wide. As the truth will set us free! 🔥
This video is still one of my favorites to watch!
Thousands of Kenyans—Christians, young people, and leaders—came out to show their love and support for Israel and the Jewish people.
Love this! 🇮🇱❤️🇰🇪