A fund that believes 99% of crypto goes to zero just made one exception.--2xnmore

A fund that believes 99% of crypto goes to zero just made one exception.

This is a fund built entirely around Bitcoin and real estate, combining real estate cash flow, dollar cost averaging into Bitcoin, third party custody, and monthly investor calls into one structure.

Their own stated view is blunt. Almost everything in crypto goes to zero.

Bittensor ( $TAO ) is the one name they're carving out room for.

Here's the framing worth sitting with. Bitcoin is decentralised money, and Bittensor is decentralised intelligence.

Every closed AI lab today runs on models nobody outside the company gets to see, including OpenAI, Anthropic, and Perplexity.

Bittensor flips that entirely.

Its subnets function like open, competing businesses, with one focused on inference, another on medical intelligence, and another on financial intelligence, all visible and all buildable by anyone who wants to contribute.

Now here's the part that actually checks out.

Bittensor has a 21 million token hard cap, along with a halving schedule that cuts new supply on a fixed timeline, the same mechanism that has driven Bitcoin's entire scarcity thesis for over a decade.

This is capital that has said no to almost everything else in this space, making an exception for exactly one thing.

This is still early.

@opentensor