Can Bittensor be as successful as Bitcoin?


Bitcoin, almost contradictory to its original philosophy, is now embraced by Wall Street. Bettensor is the new saying for the central “man”. It’s a very hot story. With the rise of artificial intelligence, concerns have arisen about the concentration and centralization of this technology.

Bittensor and its cryptocurrency TAO aims to decentralize AI services. Despite the loss of almost 53% in 2025, some believe that BitTensor is the next generation of Bitcoin for the AI ​​era. But how realistic is this optimism?

The idea and promises of Pittensor

The network has just completed its reward in half on December 15, reducing the supply of written coins. The problem is that many have heard this narrative before.

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Many cryptocurrencies have claimed that they are “the next Bitcoin” – because there is money to be made from that story.

However, there may be A real value for Pettensor in the long run – Even if it faces obstacles to overcome, as is the case with any such ambitious digital currency project.

The story of Bettensor is not so different from Bitcoin: there are powerful companies based on a new network, and a new network could take over and even restore this world order.

For years, influencers have been repeating a similar phrase, often anonymously He “buys Bitcoin, and sells banks“Although Bitcoin is now embedded in Wall Street banks and publicly traded DAT stocks, this narrative has worked well.

Bettensor’s price history since its listing in 2023. Source: Queen Gekko

The premise is that AI companies like OpenAI and Anthropic Deepseek has become very big and scary and people should worry about their growth.

Decentralizing AI workloads and replacing work-proof puzzles with real AI is at the heart of Bittensor.

He said Ivan Malangaone of the biggest supporters of the Bittensor platform, belongs to BeInCrypto: “Bitcoin has shown that cryptographic incentives can coordinate a global network of devices to secure the ledger.” “Bittensor takes that same mechanism and redirects computing power toward something that has direct benefits in today’s world: training and running AI models, applications, and architectures.”

Another bitcoin? really?

It is important to note that YEMA is a subsidiary of the Digital Currency Group (DCG), whose company was an early supporter of various cryptocurrencies such as Bitcoin, Zcash and Decentraland.

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He was also an early investor in Coinbase, Circle and Chainalysis. CEO of DCG, Barry Selbertclearly supports Bittensor – which may be a positive sign for some.

Barry Silbert, who started investing in cryptocurrencies in 2012, is also on the TAO train. Source: X

Bittensor has some properties similar to Bitcoin. There are only 21 million units of TAO, which is a clear reference to BTC. Bettensor also halved, reducing his rewards in December from 7,200 TAO to 3,600 per day.

Instead of the energy-intensive work-testing puzzles that Bitcoin uses, Bittensor uses so-called intelligence testing, where nodes must perform tasks to prove they can handle AI workloads. The better the quality of the task output of a node, the greater the possibility of receiving rewards in TAO.

A subnet of allowed nodes is assigned to the Bittensor network, which currently numbers 128. These subnets have different specializations related to artificial intelligence.

He said Arash Yasavolianco-founder of Taoshi, which operates a financial intelligence sub-network: “Each subnet is like a niche market for a particular type of AI service — some focused on image generation, others on language models.”

Centralization versus decentralization

Concerns about artificial intelligence often center on the presence of a few companies with a concentrated power. Concentration in any industry usually means higher prices and less customer service – sometimes both at the same time.

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Bittensor aims to make AI a more global commodity thanks to its decentralized properties, such as having independent node operators running subnets for their AI capabilities.

He said Ken Jun MiachiCEO of BitMind who runs a subnet focused on deepfake detections in Bittensor: “Artificial intelligence is redefining every industry.” “Bitcoin revolutionized the store of value, but Bettensor is changing entire economic systems by making intelligence a global commodity.”

But how decentralized is this network? On July 10, 2024, Bittensor’s network was shut down In the midst of an $8 million hack that drained wallets. The chain has been placed in a “safe mode” that produces blocks with no transaction capability.

“There are legitimate central concerns today,” said Yasafoolyan of Tausi. “The OpenTensor Foundation is the only party responsible for validating the blocks. The top 10 subnet validators make up about 67% of the total weight of the network in the game.

Some may argue that Bittensor’s security risks and its ability to close the network conflict with decentralization. Supporters of the network say that full decentralization will come later, becoming “trust neutral” in the same way that Bitcoin is supposed to be for the purpose of storing value.

“The long-term strategic goal of Bittensor is that the AI ​​development tool will become reliably neutral. It is a gradual decentralization, similar to the evolution of Ethereum,” added Yasavoulian.

Artificial intelligence alarm

One way to increase Bittensor’s decentralization and hear more dissenting voices is through subnet operators. These groups spend time and money investing in the network, and, like Yasavolyan, express their opinions.

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The growth of subnetworks has been strong. Since the beginning of 2025, the number of subnets has increased by 97%, from 65 to 128.

Sergei Khusnitdinov, director of artificial intelligence at … Gain Ventures, The subnet community is extremely important to Bittensor’s success.

“The result is a meritocratic, self-developed ecosystem where useful intelligence does not come from a single lab or company, but emerges organically from a global community without permission.”

A graph of Bittensor subnet growth as of March 2023. Source: Taostat

Centralized AI companies are overvalued these days — OpenAI has a $500 billion valuation, Anthropic at $350 billion. The Chinese company Deepseek is said to be worth $150 billion. With this in mind, what is the value of a powerful AI network like Bittensor?

Miyachi, CEO of BitMind Whoever manages a subnet for deepfake detection, positively believes that the Bittensor network can one day surpass the Bitcoin network.

“The value generated by the Bittensor ecosystem can be more than the value of Bitcoin in the long run,” he told BeInCrypto.

This may ultimately depend on how people view centralized AI systems over time, or whether anyone cares. But Bitcoin has seen huge explosions as people react to economic instability and failures of centralization such as the global pandemic, banking collapses, Decrease in value of paper currency.

Maybe soon, influencers will be able to say, “Long Bittensor, short central AI.” But who knows? Sometimes the future is stranger than AI can predict.





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