Can Bittensor Beat Bitcoin? Barry Silbert Thinks It Might! 🤯

Guess who thinks Bittensor (TAO) might actually give Bitcoin (BTC) a run for its money? That’s right, Barry Silbert, CEO of Digital Currency Group. He believes TAO could outshine Bitcoin as the go-to global store of value.

Now, before you roll your eyes and say, “Sure, Barry, whatever you say,” let’s talk about why he might actually have a point (or not, but let’s pretend for a second). Bittensor has been showing some serious growth lately, with its subnet ecosystem and TAO token prices on the up-and-up. So, maybe there’s something to this “Bitcoin 2.0” talk after all. 🤑

Will Bittensor’s AI Magic Leave Bitcoin in the Dust? 🤖

In an interview with Raoul Pal, Silbert gushed about the growing role of artificial intelligence (AI) in the crypto space. Apparently, Bittensor is leading the charge into the “next big era for crypto.” Forget Bitcoin, forget Ethereum, forget NFTs… apparently, we’re all about decentralized AI now. 🙄

“You had the Bitcoin and the Ethereum and the NFTs, and you had the layer 2s and DeFi. I think this is the next big investment theme for crypto,” Silbert said, clearly on a roll. (Can you say “crypto visionary”?)

And just when you thought it couldn’t get more dramatic, Barry kept going. He claimed that Bittensor shares the same “pioneering spirit” as early Bitcoin but, oh, it’s got more to it than just financial sovereignty. Because of course it does. 🙃

“The boldest prediction that I could make for Bittensor is it could be a better version of Bitcoin as a global store of value,” he said. Sure, Barry, go big or go home. 🙄

Apparently, rather than burning through $10 to $12 billion annually to secure Bitcoin’s network, Barry thinks that money could go toward fixing global problems. How? By incentivizing people to come together and, you know, actually solve stuff. Revolutionary, right? 💡

It’s almost like a crypto version of “save the world while getting rich.” Don’t get me wrong, that sounds fun. But is Bittensor really the ticket? 🤷‍♀️

Let’s not forget: Bittensor operates on a similar economic model to Bitcoin—halving mechanisms and decentralization. It’s basically like Bitcoin, but with an extra sprinkle of “we’re doing more than just making money.” (How… idealistic of them.)

And if you thought Bittensor wasn’t standing out enough, Silbert threw in a little zinger about how most other decentralized AI projects are just… well, pointless. No, seriously. He said that “99.9% of crypto tokens out there have no reason to exist.” Yikes. 😬

“99.9% of crypto tokens that are out there have no reason to exist and are worthless,” Barry said, speaking truth to power (or at least to a bunch of random altcoins). 🙃

But hey, let’s not completely throw shade on Bittensor. In the midst of the market’s usual rollercoaster, TAO has been holding its own. In fact, in the last week, it’s up by 32.1%. Not bad, right? At press time, TAO is trading at $328, up 7.2% over the past day. So, who knows? Maybe this is the one. 📈

Meanwhile, TAO is making waves as the top trending cryptocurrency on CoinGecko. So much for being “just another altcoin.” Google Trends is also showing a sharp increase in interest. Looks like people are seriously curious about Bittensor. 😏

But wait, there’s more! The Bittensor ecosystem itself is seeing some exciting growth, too. Its subnet tokens’ market capitalization has more than doubled in April 2025, increasing by a jaw-dropping 166% (from $181 million to $481 million). This comes after a tripling of active subnets over the last year. Looks like Bittensor isn’t just talking the talk… it’s walking the walk. 💥

2025-04-21 11:12

Will Bittensor’s AI Magic Leave Bitcoin in the Dust? 🤖

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