🧵 $TAO Thread

Hopefully it gives newcomers to the project an idea of what @bittensor_ is and what they are trying to achieve

I will continue to add to it as time passes.. Its a re-hash of my thoughts over the past 6 months

$TAO = The creation of the Neural Internet 🌐
Imagine Machine Learning problems were not solved by huge centralised supercomputers owned by a few mega-corporations..

Instead.. Leveraging every available computer around the world in a truly decentralised manner to train ML/AI models & allow them to connect & interact

$TAO
#Bitcoin is rewarded via every block.. But there's a lot of wasted energy through those who offer compute power & fail

$TAO takes those extra compute resources & uses it to develop/train Machine Learning & AI models via the Bittensor network

Meaning very little energy is wasted
$TAO been developing a decentralized neural net for 7+ years

Network will grow exponentially over time as intelligence compounds

More it grows.. less newcomers will be able to compete

Centralized companies ability to pivot shrinks by the day

First to the market is everything
Machine learning as a commodity through the worlds first neural internet

This is a goal of @bittensor_

$TAO
Full dilution on $TAO will take over 100 years, just like $BTC schedule.. because its the same schedule

Imagine not buying $BTC back at 3m mined bcos "muh inflation"

There was no public/private or any sale on $TAO.. even the founders had to mine their own tokens
When you understand the potential Total Addressable Market for Machine Learning & AI..

Plus, the sheer amount of verticals it will touch..

$TAO has the ability to go where few #crypto projects will ever go
Why I am invested in $TAO 👍

Decentralised Artificial Intelligence and Machine Learning will eat the world..
In January 2023.. $TAO will launch their Parachain network, called Finney

A nod to Hal Finney, who shared the very first #bitcoin transaction with Satoshi Nakamoto on roughly the same date

@bittensor_ showing respect to a legend 🔥
"We're doing something similar (to #bitcoin) at @bittensor_ where there is consensus around who is creating value & we can distribute tokens to those computers"

"Thus, creating a competitive & incentivized mechanism for the creation of machine intelligence"

$TAO
Bittensor took part in #NeurIPS2022 🔥

"One of the most prestigious and competitive international conferences in machine learning and computational neuroscience"

$TAO #AI #ML
A great introduction to @bittensor_

A presentation given at @Microsoft Reactor London 2022 by the $TAO team on what they are trying to build and the problems they solve

Video 👉

30 mins long and easy to digest.. A good place to start for newbies 👍
$TAO Validator Sequence Length Increase Complete 🔥

✅ Standard query size = 256 tokens

"Today we've made the final increase (for this round) of validator Sequence Length to 256 tokens"

"The future benefits of this exercise should become clear in due course"
TGIF Weekly updates from the @bittensor_ team

youtube.com/playlist?list=…

Also regular $TAO community Twitter Spaces

$TAO will not see partnerships.. much like #bitcoin doesn't partner with companies

As Bittensor slowly grows to become the largest & most powerful decentralized neural networks in existence..

Corporations will plug in & utilize the network to train & produce their ML/AI models
I'm betting big on $TAO.. Real big

The evolution of AI is growing exponentially

Machine Learning is already at the centre of our daily lives, without even knowing it

The arms race to build the largest neural network in existence has begun

$TAO is best equipped to win the race
I get incredibly bullish on $TAO when I see AI companies like Jasper and Stability AI hit valuations of $1b+

These guys are valued highly due to certain impressive programs..

In creating the most powerful Neural Net in existence.. $TAO will improve on all these programs
✅ "Basis of the network is the consensus algorithm that runs on chain, which is a mechanism for the computers that make up the nodes on
@bittensor_
to agree upon who in the network is producing value & who is not"

✅ "That consensus mechanism is the core of the network"

$TAO
By running a @bittensor_ Validator.. you are helping to validate machine intelligence

Intelligence that is incentivized to learn by the $TAO token

This only results in broader intelligence and a better society
The first ever @bittensor_ halving will take place around November 2025

This will see the block reward change from:

1 $TAO per block > 0.50 $TAO per block

There is one block created every 12 seconds
I made a video on..

✅ How to Buy $TAO on the Bittensor Exchange
✅ How to create a $TAO Wallet



In 6 mins.. you'll know how to buy $TAO, create a wallet & house the $TAO you bought

I made it as easy as poss.. so even your dumb ass can understand 👍
YUMA RAO

$TAO

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More from @DreadBong0

Jan 1
🧵 Thread

People like to bring up my bad decisions/investments as proof I am not very good at this or an idiot

Maybe they lost money on a project I spoke about.. maybe they just don't like me

And there is no denying I've made a lot of mistakes on this journey

1/
I am the first to admit that I am not an expert when it comes to investing..

In fact, I am a straight up rookie

I have spent 5 years in this game..
- 2 of them clueless
- 2 of them getting lucky and guessing
- 1 of them competent and improved

2/
I think having an account with a decent following gives the perception the person knows what they are talking about

I think it can also impact the person behind the account in thinking they actually do know what they're talking about

When in fact.. they most likely don't

3/
Read 25 tweets
Dec 31, 2022
🧵 Thread

I made a plan during the last bull cycle to do everything possible to survive the next bear market

In 2020.. I had left my job and went full-time crypto

But the market was great and everything was seeing green.. times were good and life was easy

1/
But I knew this was simply a phase..

I'd been through the 2018 bear market and knew how difficult it was

I made every wrong decision in the book and paid the price for it

Bear markets are no joke and it you don't know what you're are doing, you will be quickly humbled

2/
Leaving my job meant I could spend more time with my family.. which I deeply needed

It also meant I could spend more time investing & hopefully make better investments decisions

Which turned out to be correct

I spent more time in #crypto.. for better and for worse

3/
Read 13 tweets
Dec 4, 2022
🧵

The reason I don't want people blindly following me into investments.. is because

1. This isn't my job.. its essentially a hobby
2. I've been wrong on a lot of projects/trades

I will certainly make more mistakes.. if I fuck up, it should only affect me, not you

1/
I've been sharing less and less online

Avoiding price targets or time lines

I spend more time on research now than producing content.. A mistake I was making

I got caught up in the "muh, more followers" bullshit

It doesn't matter.. none of it does

2/
I don't charge a single penny for anything I've done over the years or going forward

No subscriptions
No paid Discords
No Patreon
No paid Newsletters

Its all just me on my computer, tweeting shit.. again, this isn't my job

3/
Read 10 tweets
Sep 14, 2022
🧵 Thread

Cards on the table time..

We all have thoughts of where things are going and how they will play out.. I am no different

Going to lay out what I have done this year and how I believe the rest of the year and beyond will look like

Enjoy 🍻

1/
I did not catch the top of the market unlike everyone else on CT

Foolishly.. I believed there was a second leg to the bull run, with the end resulting in a $BTC blow off top

When it was clear this wrong.. I created a new plan to survive the upcoming bear market

2/
Once we lost the 3d 200ma, which has been a good indication of bull or bear environments..

I scaled out of all my trading and shorter term investing positions

Leaving only my multi-year long term positions, which I don't touch under any circumstances.. I only add to them

3/ Image
Read 22 tweets
Jan 24, 2022
🧵 MEGATHREAD

I want to explore the biggest divergence playing out right now before our eyes

Price vs Adoption

Yes, the market is in turmoil.. but when you look at the underlying technologies being adopted, it is a completely different story

Grab a coffee & let's go...

1/
December is when this market retrace started, so let's use that as a starting point

We'll take a look at what's been publicly announced & who's jumping into the #crypto pool

Some of the largest companies & institutions are betting big on these technologies being the future

2/
Japan's Minister of Economic Security says implementing a #CBDC is a matter of National Security

“We must think about what happens to Japan’s national security if other countries move ahead on #CBDC

“Japan must speed things up so its ready to issue a digital yen any time”

3/
Read 62 tweets
Nov 4, 2021
🧵

Let's talk about market cycles & why its important to understand them

How it can affect your decision making & maybe help control those emotions in this super volatile space

✅ Phases
✅ Sentiment
✅ FUD
✅ Bull Cycle
✅ Bear Cycle

So.. lets discuss

$BTC $ETH #crypto

1/
Things are rosy right now..

Charts look great, every project is making gains and there is a lot of money to be made

But to those who play close attention, this is just how cycles work..

It pays to understand where you are and what comes next so you can plan..

2/
Nothing goes up forever..

"Up Only" is just a meme.. and yes, this incredibly bullish cycle will indeed, come to an end at some point..

But why is this?

And more importantly, can this time be different?

Well, we need to break those down

3/
Read 43 tweets

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