88.9K @CoinGapeMedia 🚨 #US-Iran Talks Show Progress
U.S. and #Iranian negotiators wrapped up talks in #Doha with both sides reporting “positive progress”, with the next round of #negotiations expected on July 18.
Markets reacted quickly as WTI #crude fell below $67.50, while #Bitcoin bitcoin:native gained around 2.5%, supported by easing #geopolitical tensions and improving risk sentiment.
🔗 Know more in comments
88.9K @CoinGapeMedia Know more 👇
https://t.co/zL5HVATiDy
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45.2K @2xnmore Everyone heard Jacob Steeves say Bitcoin is one subnet and rushed to argue about the insult.
They missed the actual claim.
Bitcoin spent 15 years proving one thing: a single incentive market can secure a single function without anyone in charge.
That proof is the most valuable experiment in crypto history.
Bittensor took that exact proof and is now running it 128 times in parallel, except each market produces working AI instead of hashes.
So the Bittensor vs Bitcoin debate was framed wrong from the start.
$TAO is not competing with Bitcoin. It is compounding Bitcoin’s only real discovery.
Most people will only understand this after the repricing.
Tell me I am wrong.
45.2K @2xnmore Bitcoin is one subnet.
That is what Bittensor founder Jacob Steeves said on stage at Paris Blockchain Week, sitting across from Bpifrance's investment director in front of a packed room.
His exact words: BTC is the equivalent of one subnet on Bittensor. We are a much more complex ecology.
Then he made the comparison that should stop every Bitcoin maximalist mid-scroll.
Even BTC was not decentralised at first. It was one guy for 3 years.
Bittensor is 5 years in and still building.
Read that twice.
Bitcoin secures one narrow function. Bittensor runs 128 specialised subnets simultaneously, each one a competing market producing real AI output, all of them feeding into and compounding off each other.
One chain doing one thing versus an entire ecology doing everything at once.
The comparison was never close.
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698.0K @lookonchain July 2 Update:
#Bitcoin ETFs:
1D NetFlow: -6,165 $BTC(-$379.59M)🔴
7D NetFlow: -32,807 $BTC(-$2.02B)🔴
#Ethereum ETFs:
1D NetFlow: +21,568 $ETH(+$36.6M)🟢
7D NetFlow: -54,411 $ETH(-$92.34M)🔴
https://t.co/kQRUglwEFm https://t.co/pVG5f3qqHN
698.0K @lookonchain July 1 Update:
#Bitcoin ETFs:
1D NetFlow: -2,708 $BTC(-$160.47M)🔴
7D NetFlow: -34,081 $BTC(-$2.02B)🔴
#Ethereum ETFs:
1D NetFlow: -19,556 $ETH(-$31.09M)🔴
7D NetFlow: -97,213 $ETH(-$154.57M)🔴
https://t.co/VNLk1rlvvm https://t.co/2NJ3paldp2
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Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.
