TAO
Distributed AI inference going mainstream validates Bittensor's permissionless model where anyone runs a node and earns TAO for compute contributed
TAO is not a real decentralized-AI proxy, so the Fable-ban news catalyst failed and the trade is invalidated.
Daily-runner phase of stocks: size early and aggressive on momentum green, exit when weak
Jason Calacanis publicly long TAO to $500k target, but the trade is played horribly and likely wrong.
Jason is bullish on crypto-incentivized open-source AI and points to subnet 62 / Ridges, which lives on Bittensor. TAO is the network token whose emissions fund that flywheel, making it the liquid proxy for the thesis.
Tao was a pure shill-momentum trade; subnet exodus and founder-control beef ends it, get out.
Long BitTensor TAO as a token bucking the down market
Agents need tokenized data and intelligence, and the marketplace that meters that demand accrues to its token.
Brad points to Bittensor's subnet-3 distributed training run as proof that decentralized training is real, which is the core bull thesis for TAO, the network's token. The directional read is long: validating the technology raises the network's credibility and demand for TAO.