Many inference providers exist (e.g., Chutes)
Bittensor subnet issue: "Front door problem" — requires deep ecosystem knowledge to understand; fragmented information makes it hard for investors to enter
Nockchain ($NOCK): Easy submission process, handles fragmentation better
Soon you will be unable to avoid having a piece of your transaction routed through a $SHROOM pool. The infrastructure being built is immense and only continues to expand.
base:0x9b5e262cf9bb04869ab40b19af91d2dc85761722 isn’t just an AI mining story.
It’s a bet on turning useful, verifiable, programmable compute into part of network security.
I made a short explainer on why I think that matters.
Competing for compute.
@gajria On the other hand, who knows? Maybe Adam is just trying to get attention through hate. We’ll see how the narrative develops. Until then, it’s all just conspiracy theory.
@gajria people can do whatever they want. It doesn’t matter whether the CEO supports it or not. If Boner’s CEO is not supporting the token, that means the thesis behind the trade is no longer valid. Why would you continue trading based on a less logical idea?
Hey there @dangallagher, in the past week you and @vladtenev CEO of Robinhood have made public comments defending your use of and “standing behind” your relatively new Stock Token concept.
I think this practice is abhorrent. It defeats the very ethos of share ownership. Public financial markets were created so that companies could raise capital, and so that investors could share in the wealth created as a result. Not to turn investing instead merely into some gamified business-oriented casino.
If by your own admission you can’t offer or sell Stock Tokens to “U.S. persons” why does your U.S. web site talk about them so much and so favorably?
Vlad: How can a U.S. brokerage firm be proud of creating an offshore Channel Island operation in far off Jersey specifically with the intent to operate outside U.S. securities laws? Is there potential confusion that Stock Token purchasers are getting less than all the rights accorded to real shareholders, and if so do you care? If those tokens are theoretically backed 1:1 by real shares, but hypothetically some of those underlying real shares are in turn lent out to short sellers, are the Tokens really backed 1:1 in fact?
Dan: I think U.S. securities laws have protected the public very well over the past century. You spent much of your career at the SEC. Deep down, in your heart of hearts, how can you really think a world without the precautions imposed by U.S. securities laws creates a better, safer environment for investors?
Choose whatever descriptors you think best make sense under the circumstances: Non-regulated, derivative, synthetic, sham, debt-backed securities trying to simulate actual real stock, or pick your own words if these don’t fit.
Stock Tokens may make you an innovator in your own eyes. In my eyes, they bring your firm dishonor.