Again, people are applying much too much negative weight to this recent #Bittensor attack. When something is truly game changing it always attracts bad actors to try and game and hack it. 

Take $ETH for example. ETH innovated a brand new virgin ecosystem for people to build DApps. Hence why it boomed. But it had endless amount of attacks. To the point their DAO got hacked for $150m just 1 year after launching. So they paused the chain, hard forked it in order to reimburse the stolen funds. That's why you have ETC (Ethereum Classic) and now ETH. 

At the time, people were losing their shit and saying it's game over for Ethereum. ETH was about $10 when it happened. It's now $3000+.

This will only make Bittensor stronger and more resilient.

Now in these situations where your 'baby' is falling or there's an incident, it's pivotal that you regularly reassess your own mental model. Are you being a stupid moon boy emotionally married to your bag of shit? Or is your original thesis still valid. This is something I do all the time. Like every few days.

In conclusion, I haven't dumped anything and am still holding. And still mega bullish and seeing at least 2% of total crypto market cap by end of 2025. Let the weak and fragile minds dump. 

This $TAO situation and price action is rather similar to Bitcoin in 2011. Just a year after it had proper price discovery. BTC dumped 93%. It then mooned. But still, it continued to dump over 80% many many times throughout the years and just garnered more and more "$BTC will never work, it's going to zero".

Each day TAO doesn't go to zero, is another day it will never go to zero...
#Bittensor #ETH