What man, the Bittensor token that brings friction between Barry Silbert and Bitcoiners?
Tao, the native token of the AI-focus blockchain bittenor, causes tension in X between the founder of digital currency group Barry Silbert and Bitcoin supporters (Btc), the original and largest cryptocurrency.
Bitcoin -set and supporter Parker Lewis called Silbert and Raoul Pal, the presenter of the Podcast of Travel Man, a group of “Affinity Scammers“For human promotion in a recent phase.
Silbert responded by writing: “Calling $ man a scam is like a lazy attack. Do better”
Grayscale Investments, one of the subsidiaries of the digital currency group, runs a bittenor trust currently $ 8 million in properties under management. It also has a funding area exchanged by the Bitcoin (GBTC) exchange with $ 16.6 billion under management as well as a Bitcoin Mini Trust ETF.
What is the person?
Silbert has sparked Bitcoiners’ Ire by comparing the bittenor to the Bitcoin blockchain.
“It’s like Bitcoin, there’s a white paper that has been code after it launched and it has the same token economy,” he told Podcast.
While there are some The similarity to BTC in human supply is trapped in 21 million tokens and it goes through block stop events, there are also differences in terms of project ethos and case use.
Bittensor is a decentralized network that integrates with blockchain technology with machine study. It is designed to be a peer-to-peer AI market, where users can share and monetize AI models.
Bitcoin has been released by the Libertarian Cypherpunk Era and designed especially as a peer-to-peer payment method that avoids the money released by the government. In recent years a store also appeared, which became a major basis on Sheets of the company’s balance To reduce inflation increase.
The human token was released two years ago and experienced intense volatility, rising above $ 700 on two occasions in 2024 before cratersing up to $ 200 both times. It was a recent trade around $ 339.
Meanwhile, Bitcoin, has increased from $ 22,000 since the beginning of 2023 to the higher $ 109,000 in January. While it had a ranch, they were not marked by the usual plunges commonly seen throughout the Altcoin market. Bitcoin is currently in the company of around $ 90,000 with a market cap of nearly $ 1.8 trillion. The person has a market cap around $ 2.98 billion, according to CoinMarketCap data.
