Yesterday I was asked whats the best piece of Advice for Crypto? ๐ค
"The people who read the docs always buy before the people who read the price."
DYOR. Understand what, why, how and Who. Have conviction in the thesis, not the shiller. โ๐ผ
โI will not vote for CLARITY until we address ethics.โ
On this week's Policy Protocol, @Sen_Alsobrooks joins @RebeccaRettig1 and @renato_mariotti to defend the yield compromise, respond to Jamie Dimon's criticism, and explain the ethics, illicit finance, and Agriculture Committee issues she says must be resolved before she can support the bill on the Senate floor.
Plus: Why former Rep. George Santos is named Person of the Week.
Timecodes:
00:00 Sen. Alsobrooks on Ethics
00:26 Welcome to The Policy Protocol
00:56 CFTC Greenlights Perps in 24 Hours
02:33 OFAC Sanctions Iran's Nobitex
05:56 Offshore Exchanges Coming Onshore
07:05 Senator Angela Alsobrooks Joins
07:45 Defending the Yield Compromise Against Jamie Dimon
10:21 What's Needed for an Ethics Compromise
12:17 How Clarity Helps Underbanked Constituents
15:03 Why More Democrats Aren't on Board
16:25 What It Takes to Get Clarity Across the Line
17:13 Sen. Alsobrooks's Approach
18:33 Why Clarity Is the World's Only DeFi Legislation
21:27 Senator Lummis Pushes Back on Jamie Dimon
22:31 George Santos Named Person of the Week
@bittingthembits Love how $btc maxis always claim fair launch but was it really? Very niche , now outside of "fair" realm... Tao still has this advantage.
@bittingthembits If........ being the word...
Pretty soon we need to see some definitive "whens".... and i dont believe we totally need SOTA but true competitive versions of the big boys as lower cost and decentralized will win over the journey
@AlgodTrading Now this is what we love to see!!!! Solutions. Excitment. Opportunity. Fresh..... @const_reborn
Sure, we have our differences but at our core we share the same goal ... Time to stick it to the big Ai companies who want to centralize and control intelligence.
@AlgodTrading I respect your position, but all this dirty laundry all you OG guys/ sn owners etc within $tao are throwing is doing nothing good for the ecosystem or for investor confidence. You need to find a more professional productive outlet for these discussions than here @const_reborn
Pretty nasty ad hominem response to someone arguing in good faith here. Why not mention your failed subnets @AlgodTrading ?
Kaito, Myshell, Efficient Frontier? Pretty rich of you to take that cheap shot when Macrocosmos is delivering massively on 9 and increasingly on 1 and 13 still while your teams silently took money and ran?
Bezos:
"As I watched the stock fall from $113 to $6, I was also watching all of our internal business metricsโฆ Every single thing about the business was getting better and fast. So as the stock price was going the wrong way, everything inside the company was going the right way"
I feel like this is Bittensor rn. We've got more subnets than ever before that are brining in revenue, more subnets than ever before that are doing buyback+burns (directly injecting value into bittensor). We're seeing the theory become reality. We're seeing incentive mechanism landscape increase in quality. We're seeing conscientious miner burning. Now, we're seeing the dTAO market maturing to care less about trustmebro subnets. The dTAO market is shifting to care more about: "wen buyback+burn?".
And these improvements are coming faster and faster.
Sure there's a bunch of cracks that I talk about every now and then, but they aren't the same cracks as last year; last year's cracks have been solved.
I see no reason to suspect bittensor will slow down.
Bullish AF.
I welcome the $TAO dips. I have seen enough times to call it: red candles, fear & and greed at 10, recycled FUD. Doesn't touch the production coming out of this ecosystem.
But my conviction and survival are different problems.
Down 47% on the year.
This is the stretch where a right call and an eggarted account look the same, going down. The core you are still here and have been, capture the upside they aren't loudest they're the ones still financially solvent in 2028, never forced to sell the bottoms.
So the test isn't the Best asset ever.
The test is:
โข Another 60% down for 18 months are you fine, or forced to sell?
โข Fine? Buy away.
โข Not sure? Size it so you're still here.
If you're not here for years, ask why you're here at all.
It's a long game, decentralized AI will replace the corporate black box with open, community-owned, censorship-resistant networks crowdsourced compute, token incentives, intelligence democratized.
Fixed 21M cap. 128 subnets shipping in public. Miners paid only for useful output.
Survive long enough to own it.
$TAO
DYOR.
https://t.co/gODQKqAca1
@AlgodTrading You dont. You do look at $aleo which under clarity etc would be the only privacy token accepted by govs and institutions. I see a big bright fiture there with their fundamentals and current partnerships growing. $zec crash makes it almost certain
"We're going to bounce back."
"The bottom is near."
"The worst is behind us."
Blah blah blah...
The reality is that nobody knows.
What I see is deep pain. A long bleed. And another reality that shouldn't be ignored: money is leaving the market.
In this kind of environment, capital preservation becomes the absolute priority. Unless you're an experienced trader... and I'm not talking about the ones who post their wins on X while never showing their losses.
dTAO is not escaping the pain. In fact, it's being amplified by the price of $TAO.
Generally speaking, I like buying when there's blood in the streets. But right now, I don't see any signal strong enough to tell me that the bottom is in.
The lesson?
Always keep some cash on hand.
Cash isn't just a defensive position; it's what prevents you from becoming a victim of the market.
Am I buying more $TAO today?
No.
At best, the market rebounds and I miss part of the move. So be it.
At worst, we're still far from the bottom, and the opportunities that appear later may not come twice.
Patience is the mother of safety.
@AlgodTrading 100% respect your knowledge on a lot of this topic, but heres an idea, instead of ranting or railing on $tao or @const_reborn why not come up with constructive solutions and be a positive part of the journey instead of this toxic anti-tao entity your becoming for content likes ๐คท๐ฝโโ๏ธ
@TaoOutsider I think I have a problem... every time I have a chance to roll out and into other projects, somehow I end up sinking more $ into $tao and it finds its way into subnets ๐๐คฆ๐ฝโโ๏ธ๐ณ in @const_reborn we trust ๐
@TargonCompute@const_reborn anyone else just want tao to ๐ already so we can sink the first withdraw $ into some of these bad boys and participate/genuinely contribute to this amazing revolution? ๐๐ anyone? No? just me? ok ๐
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