Billionaire Barry Silbert says he hasn’t been this excited about a crypto project since discovering Bitcoin

“I think the next large wave in Crypto will be the rapprochement of artificial intelligence and encryption,” said Silert, a founder and CEO of the Crypto Contrence Digital Group.

And not only the intersection of two of the most technology words that sparked Silert. It is a project called BitTensor, a centralized market for Amnesty International founded by Jacob Stevez, former Google engineer.

Silbert is so excited that Bittensor has started a new company called Yuma for the protocol and encoded coil. “I want to open the development and access to artificial intelligence, and Insur can,” he said. “This is the thing I felt more than that since Bitcoin.”

Bitcoin to BitTensor

Silber is not average missionary encryption. The billionaire first obtained a seventeenth -year -old stock broker license and worked in financing after graduating from college, including bankruptcy cases such as ENRON and Worldcom. In 2004, he founded what would become SecondMarket, a trading platform where users can buy and sell alternative assets, which he would have later sold to Nasdak.

In 2012, Silbert Bitcoin soon discovered a new company called Digital Currency Group, which included subsidiary companies such as the famous COINDESK, trading and encryption arm called Genesis, and Grayscale, an ETF exporter. Coindsk ultimately sold the digital currency to Crypto Exchange Bullish, and in July, my gray was presented to the confidentiality of the public.

The Silbert Empire has suffered from large setbacks in the “Winter encryption” that followed the FTX encryption collapsed, but has already returned to the public eye to reinforce Bitternsor and Yuma, his new company for Ai -Defentralized Ai.

The main intelligence algorithms require huge amounts of computing power, and only large players such as Openai, Google or Amazon have the capital to compete. BitTensor tries to redistribute the same incentives that operate Bitcoin to encourage participants to lend their computer power to create a central network of servers to run AI algorithms. Yuma from Silbert helps various projects looking to take advantage of the BitTensor network to run artificial intelligence applications.

He said: “In the way the Internet was the global information network, BitTensor creates a network of global intelligence.”

The protocol was especially common in the first half of 2024, when TAO achieved an encoded coin ever in March 2024 out of $ 757. The code is now trading at about $ 360 until Thursday noon.

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