🤖💥📉 TAO CRASHES 25% — Covenant AI Exposes "Decentralization Theater" SCAM!
🔹 Major subnet developer EXITS after Jacob Steeves centralized control exposed — emission suspensions, governance override, economic coercion 🎭⚡
🔹 $900M market cap WIPED, $9M longs liquidated — TAO plunges $360 to $260 as triumvirate facade crumbles 💸💰
🔹 Covenant's Basilica + Templar generate massive revenue but "centralized control with decentralized branding" 🏛️💀
🔹 Fractals warn 45% further dip to $180 — AI sector trust crisis as governance theater exposed 📊🔻
Decentralization marketing vs reality — investors pay the price 🎪💔
#Bittensor #TAO 🤖💥📉 TAO CRASHES 25% — Covenant AI Exposes "Decentralization Theater" SCAM!
🔹 Major subnet developer EXITS after Jacob Steeves centralized control exposed — emission suspensions, governance override, economic coercion 🎭⚡
🔹 $900M market cap WIPED, $9M longs liquidated — TAO plunges $360 to $260 as triumvirate facade crumbles 💸💰
🔹 Covenant's Basilica + Templar generate massive revenue but "centralized control with decentralized branding" 🏛️💀
🔹 Fractals warn 45% further dip to $180 — AI sector trust crisis as governance theater exposed 📊🔻
Decentralization marketing vs reality — investors pay the price 🎪💔
#AI #Scam @MONEY