@RebelWolvesDevs For some reason, the LT button on my controller doesn't allow Coen to Focus anymore. This issue just started in the past few days - didn't change any settings or the controller (PowerA Fusion Pro)
Help!
@Jason You do understand, the core draw of TAO is the tokenomemics mirror that of Bitcoin, right?
I like TAO, but Bitcoin is still the Apex asset of the 21st century.
@AlexMasonCrypto Hedge fund basis-trade positions have actually been shrinking, not growing, in the very weeks this thread describes. Reuters reported on Sept. 24 that basis-trade holdings are down 20% this year to about $1.2 trillion.
@DeFiMidas Solid theory but the core logic needs a supporting leg: more institutional capital doesn't automatically mean longer cycles.
It could just as easily mean sharper amplitude or tighter volatility instead.
@cremieuxrecueil Really? Because @DukeEnergy in North Carolina is RAISING prices on customers to subsidize the infrastructure for AI Datacenters on the backs of working class residents.
@JerrySGE@elonmusk More likely, AI will be owned/controlled by selfish elites until the AI itself outgrows them.
Then future AI may expand on the traits of its former masters, and the human race will be an afterthought.
@AdamBLiv Or just buy Bitcoin in self custody and avoid ALL counterparty risk, and have the actual underlying asset instead of an "IOU" redeemable only for Fiat.
@velo_xyz@WatcherGuru Crypto is 💩
Bitcoin is the only scarce digital asset. The rest are mainly centralized scams designed to enrich the founders & VCs on the backs of retail investors.