Video Description
Mark Jeffrey says owning TAO is like owning the S&P 500 of decentralized AI, and that Bitcoin is still the prime asset. Here is how Bittensor and its subnets actually work.
Mark was early on Bitcoin and wrote about it in 2013. Today he is a partner at Stillcore Capital, a fund built entirely around Bittensor, which he started with Rob Greer and Jason Calacanis, and he hosts Hash Rate, a weekly show on the Bittensor ecosystem. We go through how subnets make money, where that money meets TAO, and why he disagrees with his own partner on Bitcoin.
WHAT WE GET INTO
⸠Why Bittensor is Bitcoin's mining model, pointed at AI problems
⸠How subnets sell AI products at about one-tenth the price of competitors
⸠Subnet revenue: almost zero at the start of the year, $65M ARR now
⸠Why every...
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