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DREAD BONGO
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I honestly think the supply shock coming for $
QNT
is going to be unlike anything we've ever seen
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DREAD BONGO
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Macro Investor and wall street veteran Jordi Visser on #Bittensor.. ⚪️ "I've had more people asked me about #Bittensor in the last month.. and this is from people who never bought #crypto" ⚪️ "The one thing I like is that family offices.. now everyone i
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I know eventually people will be able to buy subnets without the need for $TAO But I personally hope it never happens $TAO should be kept as the central unit of value and remain as the on/off ramp for alphas Removing that turns #Bittensor into just another fractured multichain marketplace with no cohesive economy or base layer incentive loop People will argue it's more important to increase access.. I would argue it isn't if it comes at the cost of eroding the very foundation that gives $TAO its utility and value $TAO
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Most people still price #Bittensor subnets like they’re just another #crypto token But that's the wrong way to look at them.. Subnets are essentially early stage AI startups Real users.. real demand.. real utility.. live products.. No permission.. No VCs That's why the better comparison is global AI products built by the largest and "hottest" companies in the world When you realize some of these subnets are doing what traditional $1B+ VC backed companies do, but globally and on chain.. You start to see the ceiling is a lot higher than most think The upside isn’t capped by #crypto because what's being built is meant to compete at the enterprise scale $TAO
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The Bank of England’s current Real Time Gross Settlement system processes roughly £800 billion a day That adds up to £300 trillion annually across the UK’s markets Realistically.. With the renewed Bank of England RTGS system, not all of that value will be captured through #Overledger for a variety of reasons.. But if just 1% of that value is routed through #Overledger for programmable settlements or cross chain operations.. That’s £3 trillion per year flowing through $QNT.. or £8 billion daily Not hypothetical bullshit.. a potential real world use case This kind of throughput would drive SIGNIFICANT demand for $QNT and reach real economic mass.. think demand never seen before in #crypto $QNT staking demand, transaction load and something most tokens will never have.. true utility Legitimate global central bank infrastructure running on rails built by @quant_network.. a core asset in the plumbing of modern finance Even a sliver of that £300 trillion settles through #Overledger.. Well.. you may want to be holding more than a sliver of $QNT
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The Bank of England’s current Real Time Gross Settlement system processes roughly £800 billion a day That adds up to more than £300 trillion annually across the UK’s markets Realistically.. With the renewed Bank of England RTGS system, not all of that value will be captured through #Overledger for a variety of reasons.. But if just 1% of that value is routed through #Overledger for programmable settlements or cross chain operations.. That’s £3 trillion per year flowing through $QNT.. or £8 billion daily Not hypothetical bullshit.. a potential real world use case This kind of throughput would drive SIGNIFICANT demand for $QNT and reach real economic mass.. think demand never seen before in #crypto $QNT staking demand, transaction load and something most tokens will never have.. true utility Legitimate global central bank infrastructure running on rails built by @quant_network.. a core asset in the plumbing of modern finance Even a sliver of that £300 trillion settles through #Overledger.. Well.. you may want to be holding more than a sliver of $QNT
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