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DREAD BONGO
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I'm just continuing to stack alpha throughout all this subnet/root drama tbh
Long term plans.. so just accumulating more every day
$
TAO
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DREAD BONGO
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Leading Nordic crypto exchange @SafelloAB selling #Bitcoin to buy more $TAO 🟠 1 $BTC sold to acquire 294 $TAO ⚪️ Takes their treasury total to 5 #BTC and 1,965 $TAO Good to see people buying the dip.. $TAO
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Some fascinating insights from @gverdian in his recent @CCNDotComNews interview.. 🟠 “You don’t have to wait for tokenization.. We’ve figured out how to do it with real bank deposits" It means $QNT has made commercial bank deposits programmable today It’s already possible.. A huge deal ⚪️ “As part of the Bank of England’s CBDC prototyping exercise, Project Rosalind, @quant_network developed a programmable payment system” $QNT tech has already proven itself as national critical infrastructure in a central bank environment Multi party lock escrow built for Rosalind can be repurposed for retail and commercial banking 🟠 “Stablecoins are just a binary push and pull.. They’re not truly programmable the way this is” This is key.. It's not about stablecoins It’s about embedding logic directly into money.. rules.. conditions.. compliance.. all automated.. All dynamic ⚪️“The data is encrypted. Central banks don’t care what sandwich you bought” Also important.. Everything is encrypted, so added programmability doesn't result in Governments spying on civilians $QNT is simply massive 🔥
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If you've been paying attention.. You'll understand both Mastercard and Visa will be running on #Overledger rails, built by $QNT
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The problem with rushing to nuke Root APY is that most people aren’t ready or willing to take the leap into alpha tokens Most $TAO stakers aren’t confident in their ability to evaluate or navigate the #dTAO world For most, Root is still the safe option.. stable and low maintenance Remove that too quickly and the likely response isn't that they'll rotate capital into alphas.. it’ll probably just push them to exit entirely That capital loss just weakens #Bittensor's foundations It fragments everything, discourages new investors and makes the ecosystem a smaller playground for us early movers Yes, Root APY needs to decline.. and it already is But moving too fast doesn't accelerate adoption of subnets.. It just narrows everything You have to give people a reason to want to convert.. You don't remove the training wheels before people have even found the pedals $TAO
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Leading Nordic crypto exchange @SafelloAB believes $TAO can achieve a valuation of $135 billion within 5 years 🟢 Bull case = $135 billion (41x) 🟡 Neutral = $37 billion (11x) 🟠 Bear case = $11 billion (3.5x) Even the bull case only puts $TAO on par with $XRP If I'm being honest.. When you zoom out and look how fast the #Bittensor ecosystem is scaling.. its not hard to imagine these numbers being somewhat conservative My personal $TAO projections over the next 5 years are higher.. But I certainly wouldn't complain if @SafelloAB valuation models are correct $TAO
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