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you at home could now be a BitTensor miner for the very first time and not have to know anything about anything just download this thing set it up and now you're mining BitTensor it was fantastic I loved it
yeah I mean it's about 80% subnets right now oh wow but I want to back that off a little bit to you know maybe 30-70 but I think because I think we're in a unique period right now where you know if you make the right early bets
what I saw in BitTensor was quite a lot of early signal. I would say, you know, half the teams were doing something of value and were decent hypotheses. You don't know whether these hypotheses are going to pan out and become very large companies or phenomenons, but they are pretty good. So I've never seen an ecosystem where there is more early signal than the BitTensor ecosystem. So that's one of the reasons why I got very excited about it.
The reason why this all happened, the incentivization alignment engine worked spectacularly well, but then it fell out of alignment when there was sudden success. It created this sort of overwhelming temptation.
my chips are pushed on a thing called bit tensor and the coin for that is tau and it's a very interesting new phenomenon it's basically taking bitcoin's mining side and making that programmable on a new chain so it's not on bitcoin it's on its own chain tap the tau chain and by making the mining side of it programmable it incentivizes 128 subnets which are sort of like companies to build new ai products so there's a hundred million dollars a year that are handed out basically as a subsidy just l
yeah so i'm here in town for a crypto project called bit tensor uh they had their first big event now bit tensor is bitcoin meets ai and uh tau is the coin and there's 21 million tau coins only of which like 8 million a bit admitted so far but that's the exact same as bitcoin yes that is correct does it use the same open source project or do they just thought that would be like a clever thing to do they thought that the the bitcoin ethos was the right one to adopt so it draws very heavily it's v
it's got to be more invisible I mean if you look like you're wearing like a computer on your on your glasses you look like you're trying too hard it's a douchy move so you can't so it's got to be invisible
i don't think it's any big secret that they're heading in the streaming direction
i really think uh what youtube is thinking of doing with this is giving the everyday youtube user who's just using their their camera and putting simple videos up a way just to sort of cut it a little nicer and you know just make it get rid of that silly part where you're picking your nose you know you don't know that you're on camera yet right and so that sort of thing exactly so you basically are i don't really think this is for news departments or yeah you know our companies really or it's mo
although I have to say I I think I'm willing to give up a lot to get that 12 hour of battery life yeah that is a killer everything there is nothing I mean it's so stupid that that has become a favorite part of this thing
I love it I hate the fact that I can't do some of the things i want to do but i am looking forward to jailbreaking this bad boy as soon as i can and and i'm really looking forward to an android we haven't seen the response from android yet that's what I want that's what I'm interested in