Lewis Ca$ta 𐤊🐬

@Justin_Bons Genuine question as all i ever see is you posting negatively regarding blockchain and projects, is there any your actual positive about ?

Bittensor is a crypto-ponzi; unsustainable nonsense! TAO has no utility or PMF; it is all driven by token inflation: $328M worth of new tokens are printed annually, yet only $15M in annual revenue was generated! Subsidies from holders pay for subnets; economically bankrupt: 🧵 Token inflation is used to give people the illusion of low cost. As the truth is that creating AI models in a "decentralized" way is far more expensive. While offering no additional utility or benefits It is all theatre; subnets are not created as competitive products. They are created simply to exist & extract as much value out of TAO investors as possible Ponzinomics & Extraction: For example, the Pine Analytics data proved that unsubsidized inference on the Chutes subnet would cost up to 3.5x as much as centralized competitors such as Deepseek or TogetherAI! What makes it all so much worse is that token holders pay for these subnets through inflation. Yet, none of the revenue actually flows back to the token holders. The subnet owners get to keep 100% of the revenue! On top of 18% of emissions, just because... That is a borderline scam, extremely profitable for subnet operators, but setting up token investors for extreme loss when the system inevitably collapses As TAO has a 21M supply limit, which might be appealing to ignorant token investors. But also implies that the network will entirely collapse, as it is fundamentally unsustainable, just like BTC Inefficient & Expensive: The problems run even deeper than that, as is the case with most DePin projects that rely on subsidies rather than real-world value accrual: The reason why decentralized computing is so inefficient is that it requires verification & replication. Within a trustless environment, we cannot simply trust the work done by individual nodes. Instead, the work must be replicated multiple times over, introducing extreme inefficiencies. This is not so bad for simple TX's, but for serious, large computing tasks, this becomes a deal breaker This is why 41% of the rewards go to "validators" whose sole task is to verify that the work being done is legitimate! This only adds to the massive inefficiency already introduced by latency within a distributed network. There are several good reasons why AIs are trained in massive data centers with cards equipped with extremely low-latency, high-bandwidth connections. Something TAO is unable to directly compete with in technical & economic terms Product Theatre: In some cases, it is worth paying a premium for decentralization; one example of this is decentralized storage However, this is not the case for the training of AI's, as this is a one-off cost usually carried out by a centralized for-profit organization. As running the AI itself is much cheaper & even achievable by individuals on a single consumer-grade machine... So, what is the incentive for this centralized organization to use a more expensive method? That does not even result in a commercially viable product, due to the lack of scale... The answer is that there is no legitimate incentive! As there are only so many people they can fool into such a ponzinomic scheme, creating an upper bound on the size these subnets can grow to, which is nowhere near what large centralized AI companies can achieve today Conclusion: There is no future in such a bankrupt design! It is all theatre to extract as much as possible; subnets are not created as competitive products. They are created simply to exist & to extract as much value out of token investors as possible! There is much I did not cover in this critique, including "decentralization theatre", modularity, bad governance, perverse incentives & terrible UX. This critique was purely economic, which is bad enough to reject TAO on that basis alone! As value investors, we have to avoid such nonsense. It is not only dangerous from an investment perspective, but it also harms the industry as a whole. The more we prop up nonsense like this, the more difficult it will be for outsiders to take our industry seriously That is why we must speak out, as we care about crypto's ultimate goals. Financial freedom, censorship resistance, privacy & more Reject the nonsense, as the numbers & facts speak for themselves. Crypto already presents us with such a beautiful dream for the future; let's not spoil our opportunity by wasting our energy on half-baked ideas like TAO Crypto deserves better than that. So, help us spread this message far & wide. As the truth will set us free! 🔥

@DeFiTracer @grok who did they all buy from

🚨 BREAKING: HERE'S THE EXACT REASON BITCOIN IS PUMPING RIGHT NOW: BINANCE BOUGHT 5,539 BTC COINBASE BOUGHT 4,199 BTC KRAKEN BOUGHT 2,028 BTC SATOSHI WHALE BOUGHT 2,775 BTC GALAXY DIGITAL BOUGHT 2,555 BTC THEY ACCUMULATED OVER $3B WORTH OF $BTC IN JUST 40 MINUTES THIS IS A PURE, COORDINATED PUMP!!

@protodanielle @grok is this true

🚨 THIS ABSOLUTE FUCKING MONSTER 😡💀 Damien Bendall — ex-cage fighter turned pure evil — already serving WHOLE LIFE for one of the most sickening crimes in Britain… In 2022 he hammered a mum and THREE kids to death at a sleepover in Killamarsh, Derbyshire. Lacey (11), her brother John (13), pregnant mum Terri Harris (35) and little pal Connie Gent (11) — all bludgeoned with a hammer. Then the depraved bastard raped little Lacey while she was dying. Whole life order. Die in prison. Good. But this animal couldn’t behave even behind bars. May 2024 at Frankland Prison — he grabbed a claw hammer and smashed fellow lag Michael Mullaney’s skull in an unprovoked “ferocious” attack. First blow to the back of the head, knocked him out cold, then three or four more. Officers thought he was dead on the spot. Today at Teesside Crown Court: another LIFE sentence with a minimum 15 years for attempted murder. Whole life + another life. Still not enough for what he did to those innocent kids. These child-killing, raping beasts don’t belong on this earth. No mercy. Ever.

@CollinRugg @grok what episode is this ?

NEW: Joe Rogan says the Epstein files "scare the sh*t" out of him, rips the Trump admin for its handling of the files. Rogan discussed how Epstein reportedly ordered 330 gallons of sulfuric acid the same day the FBI announced they were investigating him. "Literally demonic human beings that are running the world and don't give a f*ck about human lives..." "It's so sick, it's so twisted, it's so disgusting. And everybody wants to think that it's not happening now..." "This is definitely not a hoax. And if you got redacted people's names and these people aren't victims, you're not protecting the victims."

@shuwaaz @verasitytech Thts how much my bag would be worth now if i didnt sell

@casta_505 @verasitytech How come it worth $100 now when you sold months ago

I know crypto is highly volatile. But if your $1000 investment comes down to less than $1. Thats not volatility, thats scam. Thats rug pull in my opinion. This is what happened to $VRA community by @verasitytech I think Lets join and raise our voice to stop this happening

@queencryptooo With smart contracts on the horizon it will smash $1 before the cycle ends

$KAS $1 this cycle? yes or no

@joeroganhq @TRobinsonNewEra

Who's one guest you'd love to see Joe Rogan interview that he hasn't had on yet?

@joeroganhq What episode is this ?

The most inbred family

Here’s the proof👇 $KAS is faster than $SOL $XRP and $SUI

@Bitcoin_Buddah $QNT

@0xfoobar $KAS enters the chat

pick your poison

Now more than ever.. remove your $KAS OFF exchanges. Lets all RT

@CoinMarketCap $KASPA launching on binance 🚀

Which project will make headlines in Feb? Predict right and you get a RT 😉

@Twixx2407 I think this will need 10bps & smart contracts successfully launched with some big CEX listings aswel. Without this it may not even hit a $1

@Twixx2407 Realistic 1.5 - 1.75$ Optimistic 2-3$ Hopium 5$+

What’s your $KAS price prediction for the peak of this bull run? Let’s hear it! 👇 #Kaspa #Crypto

$KAS FAM‼️ I WANT TO FOLLOW ALL OF YOU BEFORE THE BULL TAKES OFF📷 Drop a comment 📷👇

@realDonaldTrump The UK gets darker by the day! we need someone like Trump

@CptLeviCrypto Would be over the moon if we just got back to 1$ but even that seems unlikely at this point, this is my worst performing coin unfortunately

What's your price prediction for $AZERO by the end of Q1?

Shout out to everyone who bought at the 10-12c range 💰 When we break to the upside it will be biblical $KASPA