The crypto world has a habit of crowning a “next Bitcoin” every cycle. First it was EOS, then ICP, then Luna. Now, it’s Bittensor (TAO) — the AI-fueled token that’s being hyped as the next revolution in decentralization. But let’s cut through the noise: TAO is not the next Bitcoin.
Bitcoin is a trustless, decentralized monetary network with a fixed supply and no central control. It didn’t raise funds, didn’t run ads, and didn’t rely on a charismatic founder doing podcasts. TAO, on the other hand, is a speculative bet on a decentralized AI marketplace — a complex, centralized, and early-stage project that’s already seen massive volatility.
TAO might have potential, but comparing it to Bitcoin is marketing spin, not financial analysis. If history has taught us anything, it’s that VC-backed, overhyped narratives tend to end in tears for retail investors.
TAO is not digital gold. It’s a tech experiment — and pretending otherwise only misleads people.
Don’t fall for the “next Bitcoin” meme. Stay sharp.
Stop Calling TAO the Next Bitcoin — It’s Not Even Close was originally published in The Capital on Medium, where people are continuing the conversation by highlighting and responding to this story.