Barry Silbert, CEO of Digital Currency Group, stated that Bittensor (TAO) has the potential to surpass Bitcoin (BTC) as a global store of value.
His comments come amid the growth of the Bittensor network, with the market capitalization of the sub-network ecosystem and the price of the TAO token on the rise.
Will Bittensor's decentralized AI surpass Bitcoin's legacy?
In a recent interview with Raoul Pal, Silbert highlighted the growing influence of artificial intelligence (AI) in the crypto sector. According to him, Bittensor is at the forefront of this revolution, representing the 'next big era for crypto.'
'You had Bitcoin and Ethereum and NFTs, and you had layer 2s and DeFi. I think this is the next big investment theme for crypto,' Silbert stated.
He explained that Bittensor shares the same pioneering spirit as early Bitcoin. However, its purpose goes beyond financial sovereignty.
The boldest prediction I could make for Bittensor is that it could be a better version of Bitcoin as a global store of value, he stated.
He argued that instead of the $10 to $12 billion spent annually to protect the Bitcoin network, that same amount could be redirected to incentivize a global network of individuals working to solve major world problems. He envisions this money fostering large-scale innovation, with the potential to grow into a billion-dollar ecosystem.
While recognizing the value of protecting the Bitcoin network, Silbert emphasized that Bittensor's potential lies in its ability to leverage this vast financial support to tackle real-world challenges.
He noted that Bittensor operates under an economic model similar to Bitcoin, with halving mechanisms and decentralization, positioning it as a strong competitor in the quest for a more impactful, value-driven global network.
Silbert also highlighted that, while many decentralized AI projects have emerged, Bittensor stands out. He referred to it as having achieved 'escape velocity.' This term is used to convey the rapid growth and increasing market influence of a project.
'99.9% of the crypto tokens that exist have no reason to exist and are useless,' he added.
Market data reflects the growing enthusiasm for Bittensor. In fact, amid ongoing volatility, TAO has performed well compared to the broader market, rising 32.1% in the last week. At the time of publication, the altcoin was trading at $328, an increase of 7.2% in the last day.
TAO Price Performance. Source: BeInCrypto
Furthermore, TAO is currently the most popular cryptocurrency on CoinGecko, highlighting its growing popularity among investors. Google Trends data further substantiates the rising interest in Bittensor. The search volume peaked at 100 at the time of writing.
Meanwhile, the Bittensor ecosystem is also seeing remarkable progress. The latest data indicated that the market capitalization of Bittensor's sub-network tokens more than doubled in April 2025.
Bittensor Sub-network Market Capitalization. Source: Backprop Finance
It increased by 166%, rising from $181 million at the beginning of April to $481 million at the time of publication. As reported by BeInCrypto, this growth follows a tripling of active sub-networks in the last year.
The article Can Bittensor Surpass Bitcoin? This CEO Believes So was first seen on BeInCrypto Brazil.