My $TAO thesis is simple.
You have 2 pools of people buying crypto:
1. Crypto natives: pvp trading with each other, diminishing returns unless being right on perps. Knows that most projects are scams, therefore jeet bags fast.
2. Crypto npcs: they 'invest' because they think it's real (XRP good example)
TAO belongs to crypto npcs. You don't buy because you believe in the tech. You buy because your local uber driver will say its bitcoin but for AI.
He will hold it because he believes in it. Just like how XRP will take over banks in his eyes.
Don't overcomplicate things.
https://x.com/zoomeroracle/status/2050154010980630603?s=46&t=hr2fbvcHJGpvp_SbDstdzg
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