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    Home»Bitcoin»Can Bittensor Develop into a Higher Retailer of Worth Than Bitcoin? Barry Silbert Thinks So
    Can Bittensor Develop into a Higher Retailer of Worth Than Bitcoin? Barry Silbert Thinks So
    Bitcoin

    Can Bittensor Develop into a Higher Retailer of Worth Than Bitcoin? Barry Silbert Thinks So

    By Crypto EditorApril 21, 2025No Comments3 Mins Read
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    Barry Silbert, CEO of Digital Foreign money Group, has acknowledged that Bittensor (TAO) has the potential to outperform Bitcoin (BTC) as a world retailer of worth.

    His feedback come amid notable progress within the Bittensor community, with its subnet ecosystem market capitalization and the TAO token’s value on the rise.

    Will Bittensor’s Decentralized AI Mannequin Outperform Bitcoin’s Legacy? 

    In a latest interview with Raoul Pal, Silbert highlighted the rising affect of synthetic intelligence (AI) within the crypto sector. In response to him, Bittensor is on the forefront of this revolution, representing the “subsequent huge period for crypto.”

    “You had the Bitcoin and the Ethereum and the NFTs, and also you had the layer 2s and DeFi. I believe that is the following huge funding theme for crypto,” Silbert acknowledged.

    He went on to elucidate that Bittensor shares the identical pioneering spirit as early Bitcoin. Nonetheless, its objective extends past monetary sovereignty.

    “The boldest prediction that I may make for Bittensor is it could possibly be a greater model of Bitcoin as a world retailer of worth,” he claimed.

    He argued that as an alternative of the $10 to $12 billion spent yearly to safe the Bitcoin community, that very same quantity could possibly be redirected towards incentivizing a world community of people working to unravel main world issues. He envisions this cash fostering innovation on an enormous scale, with the potential to develop right into a multi-billion-dollar ecosystem. 

    Whereas acknowledging the worth of securing the Bitcoin community, Silbert emphasised that Bittensor’s potential lies in its capability to harness this huge monetary backing to handle real-world challenges. 

    He famous that Bittensor operates on an analogous financial mannequin to Bitcoin, with halving mechanisms and decentralization, positioning it as a robust contender within the quest for a extra impactful and value-driven international community.

    Silbert additionally famous that whereas loads of decentralized AI initiatives have emerged, Bittensor has set itself aside. He referred to it as having reached “escape velocity.” This time period is used to convey a undertaking’s speedy progress and growing market affect.

    “99.9% of crypto tokens which might be on the market haven’t any purpose to exist and are nugatory,” he added.

    Market information displays the rising enthusiasm for Bittensor. Notably, amid the continuing volatility, TAO has fared properly compared to the broader market, rising 32.1% within the final week. At press time, the altcoin was buying and selling at $328, up 7.2% over the previous day.

    Can Bittensor Develop into a Higher Retailer of Worth Than Bitcoin? Barry Silbert Thinks So
    TAO Worth Efficiency. Supply: BeInCrypto

    Moreover, TAO is presently the highest trending cryptocurrency on CoinGecko, underlining its rising reputation amongst buyers. Google Tendencies information additional proves the rising curiosity in Bittensor. The search quantity peaked at 100 on the time of writing. 

    In the meantime, the Bittensor ecosystem can also be seeing notable progress. The most recent information indicated that the market capitalization of Bittensor’s subnet tokens greater than doubled in April 2025. 

    Bittensor Subnet Market Cap
    Bittensor Subnet Market Cap. Supply: Backprop Finance

    It elevated by 166%, rising from $181 million at the start of April to $481 million at press time. As reported by BeInCrypto, this progress follows a tripling of energetic subnets over the previous 12 months. 

    Disclaimer

    In adherence to the Belief Challenge pointers, BeInCrypto is dedicated to unbiased, clear reporting. This information article goals to supply correct, well timed info. Nonetheless, readers are suggested to confirm details independently and seek the advice of with an expert earlier than making any selections based mostly on this content material. Please notice that our Phrases and Circumstances, Privateness Coverage, and Disclaimers have been up to date.



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