𝗗𝗥𝗘𝗔𝗗 𝗕𝗢𝗡𝗚𝗢

I want to be very clear about what I’m holding for the foreseeable future.. My core positions are $TAO, $TIG and ribbita-by-virtuals:native These are the three I have deepest conviction in because my belief is they're building critical infrastructure for the future of our society Infra for intelligence.. algorithms.. agents.. money.. systems that entire industries will be built on My bet is that adoption grows over time.. and years from now the market values them completely different than they do now That's the game My other major position is $QNT I built that position many years ago with a simple promise to myself.. Don't touch it until 2030.. I intend to honour that I also hold sizable positions across #Bittensor subnets Anyone who has followed this account for a while probably already knows which ones I have the strongest conviction in.. @chutes_ai, @Hippius_cloud, @affine_io, @metanova_labs etc And then there are a couple of positions sitting in my portfolio that are fucking disasters Way too smashed to pieces to make much sense of selling now At this point.. I’m simply hoping they eventually recover enough to make things worthwhile I don't pretend every investment I make works.. it doesn't But I want to be clear.. These are the positions.. This is where my capital is.. This is what I believe in.. Not interested in popping up years from now saying what I would have bought This is the skin I have in the game now.. And I'll accept whatever comes with being right or completely fucking wrong I'm sure everyone will tell me what an twat I am now and how wrong I am about where my capital is parked But there it is Lets see what happens.. 🍻

I'm in a weird place.. This isn't going to be a cheery post.. so apologies in advance Been thinking a lot lately about things lately.. in a strange place Let me explain.. The whole purpose of this account has always been to try and find interesting things early.. Spend a stupid amount of time understanding them and then try to help other people understand them too Sometimes I've got it spectacularly right.. sometimes I've got it spectacularly wrong The first time I really felt like I was making a genuine difference was with $QNT Back in 2018, @quantnetwork's marketing was pretty fucking terrible I think even @gverdian would probably be the first to tell you that himself Overledger was fascinating.. the vision was enormous.. but there was very little information out there that ordinary people could easily understand and digest So.. I started researching everything I could get my hands on and tried explaining it to people Every single day.. for years I watched over time.. a community forming around something that hardly anybody had heard of or even cared about I'm not claiming responsibility for $QNT's success.. That would be ridiculous lol But I know the work I was putting in made a difference to a good few people I still see things I wrote or created back then being shared around today.. And that genuinely makes me happy But something happened as time past and as $QNT grew The project became bigger.. more established.. more professional.. There were more people unpacking everything.. better sources of information.. more voices.. more things happening.. and many of it better than I was capable of producing And naturally.. the role I'd played in those early days became less important The $QNT community of today largely have no idea who I am.. It didn't happen overnight.. but I just gradually became less relevant to something I'd once felt like a meaningful part of And if I'm honest, I understand why.. Thats what is supposed to happen when things grow Then along came $TAO Back in 2022.. #Bittensor was this strange little experiment with some incredibly ambitious ideas and a tiny community.. Not many people understood what it was trying to do But something about it was deeply fascinating.. The ambition.. the people.. the passion.. the possibility of what it might eventually become And once again.. I felt a need to research the fuck out of it and help try to explain it to others Years of reading.. researching.. writing.. answering questions.. and talking about something most people didn't give much of a shit about And again.. I am in no way claiming its success is down to my dumb ass lol But I know it made a difference There are key people building and participating in #Bittensor today who first discovered it through this account.. And I'm incredibly proud of that But look at $TAO today.. Its grown into this enormous, complicated ecosystem with miners.. developers.. subnet teams.. VCs.. businesses.. and people far more technical or knowledgeable than I'll ever be There are people doing incredible work explaining every little part of it $TAO doesn't need someone like me in the same way it once might have.. And again, thats a good thing.. Its exactly whats supposed to happen But.. I'd be lying if I said there wasn't something strangely sad about it You spend years helping people understand something.. and eventually it grows beyond the point where your contributions really matter anymore Its like.. You wanted it to grow.. and you helped it grow.. and then one day you realise its outgrown you The weird, sad thing is.. Its mirroring a lot of what I'm experiencing in my personal life right now Which is probably why I'm writing this ramble nonsense in the first place So.. I became a father when I was young.. And my daughter has always been the absolute jewel in my crown I don't think I could ever properly explain how much that little girl has meant to me When she was younger, I was her everything.. her entire fucking world Dad could fix anything.. dad knew everything.. I was the strongest person alive If something scared her, she came to me.. if something made her happy, she wanted to tell me.. If she needed help.. I was the person she'd look for I was her superman And fuck me.. theres no feeling quite like being somebodys entire world But.. Then they grow up.. And it happens so gradually that you barely notice it They start figuring things out for themselves.. They make friends.. they develop their own interests.. they have their own opinions.. their own problems.. their own little world that you're not always part of They don't need you to explain everything anymore.. They stop running to you for every little thing.. And eventually.. you realise that person who once thought you were capable of absolutely anything has started to see you for what you really are.. Just a man Yes, a dad who loves her more than anything.. but just a man nonetheless And if I'm being completely honest.. Thats been fucking heartbreaking in a way I wasn't prepared for Its something I have been struggling with deeply.. And not because she's doing anything wrong.. she's doing exactly what shes supposed to do She's growing into her own person.. she's becoming independent She's building a life that won't always revolve around me.. And I'm so incredibly proud of her every single day But.. theres a real sadness that comes with it that I don't know if a lot of others feel or if its just me You can be unbelievably proud of who your child is becoming.. all while desperately missing who they used to be And theres absolutely nothing you can do about it You can't ask them to stay little.. you can't ask them to need you the way they once did You can't ask them to keep seeing you as Superman when they're old enough to realise that its not who you ever were.. You just have to accept that your place in their world is changing That the version of you they needed for so many years is slowly becoming someone they don't need quite so much anymore And I think thats the feeling I've been struggling to put into words Well.. without rambling like a maniac, that is Obviously.. Being a dad and talking about crypto on the internet aren't remotely comparable in terms of importance.. But theres a slight, strange similarity in the feeling In both cases, you spend years giving something your time.. your attention.. your energy.. because you genuinely care about it.. You watch it grow.. you feel useful.. you feel like your presence matters And then, if things go well.. it needs you less Not because you've necessarily done anything wrong.. But because it's grown And you find yourself standing there feeling proud of something.. while quietly grieving the place you used to have in that world I personally think theres a particular kind of loneliness in that And its not like you've been rejected or anything to feel it It just happens.. and life moves forward And the space you once occupied gradually gets smaller and smaller And even in saying all of that.. you wouldn't change a single thing I wouldn't want $QNT to go back to being a tiny project nobody understood just so I could feel of use again I don't want $TAO to stop growing so I could remain one of the people helping to explain it And I certainly wouldn't want my daughter to stay little forever just so I could keep being her hero I want her to grow.. I want her to find her own way I want her to become strong enough that she doesn't need me to solve every problem I think thats what being a dad is supposed to be about But.. Knowing that doesn't make watching it happen any easier I suppose I'm beginning to understand that a lot of life is like this You spend your younger years trying to become important to people.. Trying to be useful.. to have relevance in the world To have an impact and make a difference.. And then you get older and realise that however important you were.. it isn't permanent Communities move on and forget you exist.. People move on with their lives.. Children grow up.. The world keeps turning.. And you're left trying to figure out who you are when you're no longer needed in quite the same way Being a dad is all I've know my entire adult life.. And being in this space doing this has been close to a decade now I'm still incredibly grateful for everything I've been part of.. I've been lucky I think.. I'm slowly accepting that my role in these things is changing And maybe thats something I need to learn to be comfortable with.. Because I don't think the answer is to desperately try to remain important or relevant Or to resent the fact that something has grown beyond you I think you just have to find a way to be happy that you were there when it mattered and had a hand in it at all Even if it doesn't matter quite so much anymore And with my daughter.. I know she'll always be my little girl.. even when I'm no longer the centre of her world My hope is that as she gets older and life gets more complicated.. she'll always know I'm here She doesn't have to think I'm Superman.. and she doesn't have to need me every day I just hope she has a little place for me in the life she's building I guess what I'm trying to say is.. There's a difference between wanting to be needed.. and wanting to be loved I think getting older is learning to live without the first.. while hoping you never lose the second one I don't really have some uplifting conclusion to all of this Apologiees for the long emotional ramble At the end of the day.. I'm not whatever you guys think I am I'm just a dad watching his little girl grow up.. and a bloke on the internet watching things he once helped explain grow into something that no longer needs him And I'm proud of all of it.. I really am I just didn't realise that watching things become everything you hoped they would be.. could sometimes feel so much like losing so much I'll stop rambling now..

Thinking out loud here.. I've always assumed a #Bittensor subnet would struggle to replicate what $TIG is building But the more I think about it.. the more I'm not sure $TIG has its own Optimisable Proof of Work system.. where algorithms compete, benchmarkers test them, and then innovators get rewarded based on adoption $TAO obviously works differently.. with miners, validators and Yuma Consensus deciding how rewards get distributed But.. Given how flexible #Bittensor subnets can be.. whats actually stopping someone from building a subnet with its own version of $TIG's benchmarking, verification and reward system? Could someone essentially recreate something similar to OPoW inside #Bittensor? Someone like @Apex_SN1, for example.. Obviously.. just because something is technically possible doesn't mean it would economically work Still questions around incentives.. verification.. licensing.. how rewards are distributed.. and whether it would all work properly at scale And maybe $TIG does have some very real advantages from being built specifically for algorithmic discovery But.. does that mean theres something fundamental about $TIG's architecture that would make it incredibly difficult for a #Bittensor subnet to replicate? Or.. does it basically come down to who designs the better system and executes it properly? I can already see the replies coming.. lol I'm not trying to FUD anything here.. I'm obviously heavily interested in both $TAO and $TIG I just think its a genuinely interesting question worth exploring.. Because the more I think about this stuff.. The less convinced I am that its as simple as $TIG = algorithms and $TAO = intelligence My dumb monkey brain does not know the actual answer.. So happy to be educated 👍

Rent eight H100 GPUs in just 12 seconds for $16/hour on @lium_io 🔥 $TAO

The problem with #Bittensor is.. If you spend even a week not keeping up with whats happening.. you end up so far out of the loop its a fucking nightmare trying to catch up Theres just so much happening across the ecosystem, which is constantly changing And thats before you even get into what individual subnets are building Its honestly ridiculous I'm been pre occupied with life shit this week.. But I usually spend a lot amount of time researching this stuff and still feel like I'm constantly playing catch up Its a good problem to have.. But fuck me, this ecosystem doesn't know how to sit still The moment you're out the loop.. you're fucked $TAO

We are here.. $QNT

We've just put in the first higher high since last year.. Next, #bitcoin will put in the first higher low since 2025 Yet.. Everyone will be calling for more bear market and $BTC to crash to $20k or something Fuck em If the market gives you discounts.. take them Control your emotions.. just chill

Makes me so happy when I find a fundamentally strong project.. And nobody gives a single shit about it

🔵 @Hippius_cloud is the cheapest.. most secure.. and most private cloud storage solution on the planet $TAO

⚪️ "I think that we're going to create the most powerful artificial intelligence there is" ⚪️ "#Bittensor will be the foundation layer for all the ways we build companies in the world of artificial intelligence in the future" @const_reborn ⚪️ "If we're not really competing with OpenAI, with our stack that we're building in about 5 years, then I think we would have failed" $TAO

This cycle top will see a bigger Altseason than 2017. Most won’t believe it as it unfolds

Hope it works out $TIBBIR

⚫️ "I definitely see #Bittensor as sort of becoming equivalent of TCP-IP for the world" @shibshib89 $TAO

I have no idea why they gave me this.. $TIBBIR

My potential price targets for $TAO would just be laughed at..

$TIG open sourcing their mining pool code is actually a bigger deal than most people realise.. Anyone can now take that code and launch their own pools Essentially letting anyone build competing pools and create a business around it.. without anyone elses permission Results in more competition.. lowers the barrier to entry.. and a much wider network of contributors Like I said.. its a bigger deal than it looks Kudos to the @tigfoundation for making that possible 👏 $TIG

This whole @const_reborn and #bittensor decentralisation debate is interesting to me.. Seen a lot of people questioning how much influence @const_reborn has over the protocol.. and whether thats a good thing for something geared towards decentralisation I get the concerns in theory.. But I think people massively underestimate just how insanely difficult it is with what #bittensor is trying to achieve We're talking about the creation of an entirely new economic system for producing intelligence Its.. 1. A massive fucking deal for society 2. Massively fucking complex A system where people anywhere in the world.. with little obstacles.. can compete to build anything.. solve problems.. and get rewarded based on the value they produce.. in an open, permissionless arena.. and have it all just work at the network level.. plus held together by economic incentives.. that need to work globally at scale.. That is a ridiculously difficult thing to get right I mean.. just look at how much #bittensor has already changed over the years.. We've gone from the early days of the network to an entire ecosystem of subnets.. dTAO.. changes to emissions and incentive mechanisms.. and now stuff like Gamma and eTAO Everything is constantly evolving because they're still figuring out how the core parts should actually work We've never seen anything quite like this before.. Its not like there is some fucking instruction manual sitting around that Const or others can follow Some ideas will work brilliant.. some don't Some mechanisms will just sing.. others will completely need rethinking And yeah.. there's gonna be plenty of expensive mistakes along the way.. thats the cost of building something as fundamentally important as this When I personally see @const_reborn challenging shit.. or proposing changes.. or pushing things in another direction to make things stronger.. I see someone who's spent years and years obsessing.. way more than you and me or anyone else.. over an insanely complicated system that is for the greater good.. and is still deeply invested in making it work I think that means something and deserves a lot of credit Now.. I've had pretty much no one on one time with @const_reborn over the past four years.. Apart from some group talk.. I've barely had any private conversation with the guy and he's not someone I've gone out my way to get close to.. I personally don't think we'd gel well and I'm perfectly cool with that But that has absolutely fuck all to do with how I judge his work I don't need to be someone's mate.. or agree with everything they say.. or even particularly warm to them personally.. to recognise when they're doing something pretty extraordinary And when it comes to what @const_reborn has created and continues to build with #bittensor.. I have an enormous amount of respect for the man’s work All thats to say.. I've no relationship with the guy.. no reason to glaze him or defend him.. but his actions and what he's achieved speaks for itself and should command respect On to decentralisation.. It doesn't magically make every decision better or every system run smoother Having hundreds of people vote on something doesn't mean they'll understand the technical consequences of that decision.. or the economics.. or the second order effects of the thing they're voting for Sometimes.. you genuinely need someone with an exceptional understanding of the system to make those incredibly difficult calls Especially when so much of the foundations are still being figured out And this.. right now.. in #bittensor's current state and life cycle.. is where I personally think @const_reborn involvement is incredibly valuable.. and possibly necessary But.. in saying that.. I understand the complication The whole point of #bittensor is to create an alternative to intelligence being controlled by a handful of powerful companies or individuals.. A belief that open competition should matter more than permission.. Where no single organisation should get to decide who can participate in creating intelligence.. That the network should be bigger than any one person Well.. those principles will have to apply to #Bittensor itself eventually We can't spend years arguing that intelligence shouldn't depend on a handful of powerful people.. only to create an alternative that ends up relying on one extraordinarily important guy or girl Even if that individual happens to be someone who's capable of being the person in charge Its not whether @const_reborn should have less influence tomorrow.. Its how #bittensor gradually gets to a point where it no longer needs anyone like him to keep progressing And I think @const_reborn completely understands this More developers who understand the protocol inside out.. More people capable of proposing genuine improvements to the network.. Better governance models.. less reliance on small groups.. a move away from centralised structures.. And yes.. eventually an architecture that keeps chugging along and improving regardless of who comes and goes True decentralisation Not decentralisation for the sake of being able to say you are We shouldn't be rushing to distribute authority before the networks even figured out how to make any of that work properly yet But the goal should always be working towards making #bittensor more resilient.. more independent.. more distributed.. and harder for anyone to control But imo.. timing matters a lot here #Bittensor is still so fucking young relative to what its trying to become.. The mechanisms are still evolving.. the subnets are still getting to grips with how to optimise everything We're only beginning to explore what happens when these different markets start producing valuable services and potentially buying and consuming eachothers intelligence There's so much fucking work left to do Me? I'd much rather have @const_reborn heavily involved during these critical stages than rush towards some half ass baked governance structure.. that looks great on paper but ends up slowing everything down or creating a whole different set of problems But.. that also can't become an excuse for keeping things centralised for too long.. Its both a race and a balancing act Genuine progress towards distributing authority and access as the network matures Actual changes to how decisions get made.. who can make them.. how the protocol continues developing without relying on any one guy And I don't see anything wrong with backing @const_reborn's work while also expecting that to happen I think you should be able to have enormous respect for someones vision and still want them to build something that eventually outgrows their own influence And again.. I think @const_reborn understands that better than us all So yeah.. I genuinely believe #bittensor is better off right now with Const continuing to play such an important role But.. long term? I think.. the greatest thing @const_reborn could ever achieve is building something so fucking successful.. so resilient.. and so decentralised.. that it no longer needs him Because then.. #bittensor will actually become what its supposed to be $TAO