SUMMARY: This video broke down the impact of Bittensor’s first halving, explaining why subnet liquidity tightening strengthens the ecosystem by forcing weak subnets out while rewarding innovation, demand, and real revenue. It argued that access to subnets ultimately drives demand for $TAO, supporting long-term price appreciation despite short-term volatility.
The video also highlighted real-world traction across subnets like Ridges, Chutes, Hippius, and especially Bitcast, which provides decentralized, performance-based marketing and sustainable buyback and burn mechanics.
Overall, the thesis is that Bittensor is fundamentally undervalued, offers multiple ways to earn even in a bear market, and represents a rare, incentive-driven network of real businesses rather than speculative crypto hype.
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