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OG Barry Silbert believes #Bittensor has the potential to be bigger than #Bitcoin โšซ๏ธ "When I think about ways that #Bitcoin could be improved upon.. I believe, is to utilize the incentive being paid to #Bitcoin miners to incent an activity beyond just securing the network" "So with #Bittensor,...

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Former BlackRock fund manager Ed Dowd: "The metals are telling you that there's uncertainty out there and a lack of trust... [and] that gold and silver are going to be part of the new monetary system... [so] gold and silver are the trade and not Bitcoin so much." This clip of Dowd (Edward Dowd), who is also the founder of Phinance Technologies, is taken from a discussion with Michael Farris (Michael Farris) posted to YouTube on January 13, 2026. ---------------Partial transcription of clip--------------- "The metals are telling you that there's uncertainty out there and a lack of trust. I think the big, the moves in gold and silver are really discounting a lack of trust and fear of what is coming and what it's going to look like. And, and also it's also telling you that gold and silver are going to be part of the new monetary system. "And Bitcoin, interestingly enough, has stalled out. It's down 20% since October, the high in October and Bitcoin is barely up today. So, you know, there was always this thesis around Bitcoin that when when there's a new monetary system comes, it's going to, it's going to be protection against, you know, any of that kind of uncertainty. It's increasing. It's becoming increasingly obvious to me that gold and silver are the trade and not Bitcoin so much. "And Bitcoin, unfortunately, is very highly correlated to the Nasdaq and it's disconnected from the Nasdaq. The Nasdaq and Bitcoin have disconnected temporarily. Generally speaking, they're highly correlated. So what does that say? Does that say Nasdaq is going to catch up down to Bitcoin or is Bitcoin going to rally back up? I think that the Nasdaq is going to go down to bitcoin. So that's where we are."

Sense Receptor

136,648 Aufrufe โ€ข vor 5 Monaten

So, does it matter that Bitcoin seems to be moving away from its cypherpunk roots? Bitcoin ETFs and Bitcoin Treasuries have taken BTC mainstream. So I asked Saifedean Ammous this very question. His answer might surprise you... ๐Ÿ‘€๐Ÿ‘‡ "If you have very strong feelings about how people should and shouldn't use Bitcoin, you're in for a rough time." "To be honest, a lot of people project too much onto Bitcoin. Ultimately, it's just a bunch of software and anybody can use it in any way they want. Initially, it's a small subset of people that use it and then they start projecting their values onto it. And then over time, they expect it to continue to abide by that," Ammous said. "If it's a successful technology, it's going to be used by everybody. It's going to be used by small businesses, large businesses, governments, individuals. It's money. Everybody uses money. There are 8.5 billion people on Earth, they all use money and they're all going to continue to use money. And Bitcoin is just the best money." Ultimately, the protocol itself is immune to the financial instruments that TradFi has concocted. If people want to lend against their BTC or create complex financial products, that does not actually impact the underlying network. "The way that the protocol works is that it's completely blind to what you're doing with your coins on the Bitcoin blockchain there is no paper Bitcoin there's no such thing as paper Bitcoin there's only 21 million Bitcoin and every node makes sure of that every 10 minutes and then if somebody who has some of these Bitcoin on their private key decides to sell obligations or financial liabilities referring to that Bitcoin under any condition, that's their choice. It's outside of Bitcoin and it's outside of the realm of other Bitcoin users being able to say this is right or wrong and this should happen or shouldn't happen. People are going to do whatever they want with the Bitcoin, including selling access to it or exposure to it in all kinds of different ways. And if you don't like it, you don't buy it, you can stack your own Bitcoin." You can find the full interview for Cointelegraph in the ๐Ÿงต. If you enjoyed this content, please like ๐Ÿงก, retweet ๐Ÿ” and follow me ๐Ÿ‘‹!

Gareth Jenkinson

34,417 Aufrufe โ€ข vor 7 Monaten

.Erik Voorhees: Itโ€™s actually good, from the Trojan horse perspective, that Bitcoin was traceable enough for traditional institutions to tolerate it. โ€œWhen Bitcoin came out, everyone called it private, thought of it as private. It was referred to as anonymous in every news story. And in some ways, it is very private and very anonymous. But the truth is that itโ€™s also extremely trackable and traceable. It is not private in reality. And the question is, should it have been from the start? And at first I thought, yes, it should have been more private. And that was a mistake in its design. However, I think if Bitcoin had been anonymous truly from the start, like a Zcash or a Monero, it would have had such antagonism from the state. I donโ€™t know that the state could have snuffed it out, but they would have tried much harder. And I think itโ€™s actually good, from the Trojan horse metaphor perspective, that it was traceable enough that the traditional institutions could tolerate it. Theyโ€™ve never liked it, but they could at least tolerate it because there is some traceability. And that has allowed Bitcoin to grow. And I think in its shadow, that other crypto assets are actually anonymous is very healthy. The strength of cryptocurrency as a concept in society, I think, is served best when Bitcoin itself is not perfectly private, but other assets are. That is a very difficult thing, I think, for the state to combat. And that decentralization of attributes is really, really crucial. So, yeah, Iโ€™m very glad that there are other coins that are private. I want there to be more of them, and I want them to be more popular. And I think itโ€™s okay that Bitcoin itself is not.โ€

Arjun Khemani

22,746 Aufrufe โ€ข vor 14 Tagen

Did Epstein influence Bitcoin core development? Short answer: No. This is not how Bitcoin works. Hereโ€™s what happened: Epstein donated to MIT Media Labโ€ฆwho in turn supported MIT Digital Currency Initiativeโ€ฆwhich in turn funded Bitcoin developers. These devs used to be funded by The Bitcoin Foundation (which I used to run as volunteer Executive Director) there are many devs and no dev or team had power or control over Bitcoin. Under MITโ€™s patronage the devs had the same deal they had with us at The Bitcoin Foundation: that they could work on the code and not have direction from the org. More importantly โ€” how Bitcoin works is that *even if* a dev was compromised then the nodes and miners would still have to run that code to make it included in Bitcoin. So for example if I had somehow asked the devs paid by Bitcoin Foundation to โ€œadd 1000 coins for Bruceโ€ 1) they wouldnโ€™t have done this / it would have been counter to our agreement 2) no miners would run that code & no nodes would recognize it. It would be a laughing stock and completely rejected. Does this mean code dev is not an attack vector? No. Itโ€™s still a risk. Particularly with nation state style actors and very careful efforts to co-opt which are much more sophisticated than โ€œgive Bruce coinsโ€ or something. This is one reason Iโ€™m cautious of Bitcoin core funding - especially from actors whoโ€™ve had bad judgment in the past. I think we should be cautious of who does the dev and view it as an attack vector. Bitcoin code is transparent and has lots of eyes on it. So in this case especially there isnโ€™t even a solid accusation, let alone evidence that MIT directed nefarious code changes. If that was an allegation the first question should be: well what code specifically did MIT direct and what proof is there and how was it harmful? I think claims around this would collapse. Thereโ€™s obviously plenty to criticize about Epstein and MIT working with him โ€” and when it comes to digital assets MITโ€™s work with Gensler and especially its work on CBDCs is much more suspect than the chance that malicious code was pushed through on Bitcoin. Be cautious but this is a nothing burger

Bruce Fenton

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A Bittensor subnet just outscored Claude and Cursor on the SWE benchmark. They spent less than $1 million to get there. Anthropic spent billions. I sat down with Mark Jeffrey, one of the most connected people in the Bittensor ecosystem, and he broke down everything. Here's what most people don't know about TAO. Bittensor takes Bitcoin's mining concept and makes it programmable. Instead of solving meaningless hash puzzles, miners compete on real AI tasks. Best freelancer wins. Blockchain pays them. No company. No CEO. No permission needed. Bitcoin did this for energy. Bittensor does it for talent. The numbers are wild: โ€ข Ridges (Subnet 62) built a Claude/Cursor competitor for under $1M โ€ข Miners on Ridges were earning $50K per day at peak โ€ข The Bittensor network has 128 subnets, each like its own AI startup โ€ข Mark says 20-30 of them could become multi-billion dollar companies โ€ข Only 20% of TAO is staked in subnets right now โ€ข Stakers are earning up to 80% yield on some subnets Mark has been in crypto since 2013. He was in the Ethereum ICO. He's seen every cycle. His take: Bittensor is the most important thing to happen in crypto since Ethereum. He calls TAO the "third great coin" alongside Bitcoin and ETH. The comparison to early Bitcoin is hard to ignore. TAO just had its first halving in December. Same 21 million supply cap. Same post-halving setup. When Bitcoin went through this phase, it jumped from $250 to $10,000. Mark's conservative target for TAO by end of 2026: $3,000. But the real insight was about demand. More subnets means more TAO gets locked up. Subnet cap going from 128 to 256. Staking will absorb most of the supply. And AI agents need crypto to transact. They can't open bank accounts. Bittensor is building the rails for that. Jensen Huang just talked about Templar, a Bittensor subnet, on stage. This isn't theoretical anymore. People are using this stuff. The products on Bittensor are 10 to 100x better than what we saw in early Ethereum. And we're still early.

Jesus Martinez

73,314 Aufrufe โ€ข vor 3 Monaten