I have been investing in crypto space for about 4 years now; and never have I witnessed a project which has a true disruptive potential (like Bitcoin), until I came across #Bittensor.
And, just when I am concerned for the future i.e., the AGI world that we will live in, coz of the AI developments (by central bodies) happening at uncontrollable pace driven by game theory (and in all probability leading to alignment issues), I came across #Bittensor which gave hope.
To @const_reborn & the other Developers responsible of building/enhancing this protocol, thank you! :)
I have faith. With the advent of sound money base (#Bitcoin) and a free market place to innovate and contribute, which favors integrity, decision making skill & talent (#Bittensor), the landscape of Capitalism shall be reshaped, for the BETTER.
The world needs this, now more than ever.
Crypto-economic systems take time to bootstrap — but the reason we build them is because once they work they’re unstoppable.
For instance, you can create a cloud provider. Sure, profit day one. Raise funds, buy compute, sell it.
But can you create a cloud provider that’s purely a protocol? A cloud provider that doesn’t have a datacenter, or land line, or a deals department?
Just a pure market which commodifies something better and more efficiently than any company ever could.
That takes a few tries. It’s not “profitable” day one because you’re scaling the ownership out fast.
But that lasts a thousand years. It’s dimensionally different.
Bitcoin and AI are the two most transformative technologies of the 21st century. Markets rarely appreciate transformative technologies in a straight line.
The year is 2029.
Strategy has 2,000,000 Bitcoin.
Bitcoin is $500,000.
They have $1 trillion of assets.
Right on the heels of Berkshire Hathaway.
Laser focus.
Strategy has increased its USD Reserve by $300 million to $1.4 billion and plans to continue replenishing it to support the credit quality of its Digital Credit securities. We also acquired 520 BTC for $35 million, increasing our $BTC Reserve to ₿847,363. $MSTR $STRC https://t.co/KeJ067fFWs
When I gave this speech in October 2022, Bitcoin traded near $20,000, Strategy held 130,000 BTC worth about $2.6 billion, and $MSTR was ~$24 split-adjusted. Weeks later, after Bitcoin fell below $16,000, our debt exceeded the combined value of our BTC and cash reserves by ~$300 million, and $MSTR fell into the $13 range by year-end.
We stayed focused, strengthened the company, and executed our strategy. Since then, Strategy has raised over $60 billion of additional capital and invested it in Bitcoin, adding more than 716,000 BTC. Today, our BTC and USD reserves exceed debt by ~$48 billion. Thank you to everyone who believed, endured, and took the long view.
US markets at all-time highs.
And suddenly, access for Indian retail to buy US stocks gets easier.
You couldn’t get in during the accumulation phase…
Now you’re being invited at the top.
right when big money is hunting for exit liquidity. 🤷♂️
India’s IT ministry banned Telegram for one week because some users shared leaked exam questions.
This punishes 150M+ ordinary Telegram users in India — not the insiders who leaked the exam materials.
And the ban hasn't stopped anything. The leaks just moved to other apps.
The best teachers will be LLMs. The best feedback will be monetary. The best models will train competitively. The best AI company will be co-owned. The best software will be open source. And there is only one way to get all of it.
If you're an Indian, here is your best chance to get rich.
Invest in AI.
Logic:-
1) Let's say your job gets disrupted by AI, who benefits? AI models/firms.
You're basically buying an insurance.
You lose your job. But, your investments in AI helps you sustain.
2) If AI fails. Cool. You compound your wealth via your existing jobs. You still win.
3) If your job gets disrupted. Plus you have low/no AI investments, you're running a massive tail-end risk of a wipe out.
AI will either make you richer or make you redundant.
There is no mid path here.
You might be worried about AI valuations. Fair enough.
But, if the AI story compounds over the next 5 years. And, you miss out. You seriously run a wipe out risk.
No Mutual Fund Manager is going to tell you how to think. I'm trying to.
Think about this. And, make better calls.