TAO, the basic token of the AI -centered blockchain bit fence, is causing tension in X among the digital currency group founders Barry Silbert and BTC (Bitcoin).
Author and Bitcoin supporters, Parker Lewis, recently called the presenter of The Journe Man Podcast, the “Affinity Scammers” group, which recently promoted TAO in the episode.
Silbert responded to the letter as follows: “Calling $ tao is a lazy attack.
GrayScale Investments, one of the subsidiaries of Digital CurrenCy Group, currently operates Bittensor Trust, which manages about $ 8 million. In addition, Bitcoin Mini Trust ETFs, as well as $ 16.6 billion, have a $ 16.6 billion SPOT BITCOIN Exchange Fund (GBTC).
What is TAO?
Silbert triggered the IRE of Bitcoiners by comparing Bittensor with the Bitcoin blockchain.
“This is a white paper that turns into a code like Bitcoin and has the same token economics,” he said.
There are some Similarities with BTCs are limited to 22 million tokens with TAO supply, and half of the block rewards events are completely different in terms of the spirit and case of the project.
Bittensor is a distributed network that combines blockchain technology with machine learning. Designed to become a peer -to -peer AI market that allows users to share AI models and make money.
Bitcoin was spawned in the era of liberal Cypher punks and was mainly designed as a peer -to -peer payment method that avoids government issuance. In recent years, a store of value has emerged to become the mainstream of the company’s balance table to alleviate inflation rise.
TAO TOKEN was released two years ago and rose to more than $ 700 in 2024, crating to about $ 200. It has been about $ 339 recently.
Bitcoin has risen from $ 22,000 since early 2023 to $ 109,000 in January. Although there were ups and downs, it is not displayed as much as the plunge in the Altcoin market. Bitcoin’s price is currently about $ 90,000, with a market cap of about $ 1.8 trillion. According to the data from CoinmarketCap, TAO has a market cap of about $ 29.8 billion.