The foundation has just over $1 million in Eth and USD, I’m not aware of it holding BTC.
Check out the Impossible Futures!
i’m aware, that’s why i’ve only deployed a tiny percentage in case ANT’s your outlier, i give it < than 0.5% chance it will outperform btc over the coming years
I like those odds 
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Even so, I don’t think ANT has to outperform BTC. It will be very successful without matching BTC, it is after all a in-network token and not targetting to outperform BTC. It is in a different class of usage and as such will follow a different path. Once all the people who want to get something back for their long term waiting is over the price will then start reflecting the worth of the network.
Will it exceed BTC is the wrong question. Will it reflect the worth of the network is a better one, but there is more to it than just that.
Before people jump on me I am not saying it will never get to 10 dollars or 1000 dollars or higher.
BTC went from less than 10,000 BTC for a 5 dollar pizza to over 100K dollars for starters. That is over 200 million times increase. Its doubtful ANT could do that since it would be 5 cents to 10 million dollars. And a market cap of today’s worth of 12 thousand trillion dollars. Not anytime soon LOL.
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This is the single and only question you have to ask yourself as an invester? There is no point in investing something else other than btc if you do not expect it to outperform btc 
Unless you’re looking for a hedge or perhaps diversification
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If BTC is the money bag that goes up as it fills up, why are the odds so low that ANT becomes the data bag that goes up as it fills up?
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BTC solves sound money, it’s not established whether ANT solves “sound data” or if it’ll be the first/only party doing so..
On top of that, the tokenomics for autonomi are so bad it’s hard to establish sustained higher prices.
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Yea agree.
I don’t think that part matters but the others do.
Can’t disagree there. I think whoever keeps diamond hands will eventually make a mint but it’s probably going to be a real slog.
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Well, it doesn’t. It provides a digital gold. Almost no one uses it as actual money.
Bitcoin failed to become money, sadly. Too slow, too expensive, too difficult to use.
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That’s currency, not money, isn’t it?
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I was not around at the moment bitcoin took its first breaths, were they buying lambos by this time?
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I’ve seen arguments around that, but tbh, ask folks in the street what money and currency is and the answer will bill similar.
If you can’t got into your local shop and use it to buy a bottle of milk, it probably isn’t money or currency, imo.
That’s not to say Bitcoin isn’t good or valuable. It’s a great digital gold alternative. Let’s not pretend it succeeded at its original goal of becoming internet money/currency though.
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I can buy the argument that it’s good for gold, but not money if that also implies currency/cash uses. Hopefully ANT can be that!
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Absolutely. If it had succeeded, we’d be able to buy stuff with Bitcoin anywhere.
It may still happen eventually, but I think something like ANT has a better chance of becoming that (if the network gains significant traction) because many people will be using ANT regularly & need it to put data on the network. No L2s will be needed for low fees, and nobody will need to wait 10 minutes for confirmation.
Of course huge adoption would be needed for this, and it may well not happen, but something many people use every day is more likely to work as money than something only occasionally used by a few.
If you think ANT will probably hit $0.70 before Bitcoin hits $1m, then you do think ANT will outperform BTC in the medium term.
While ANT doesn’t need to be bigger than BTC to be considered a success, it has a real chance of doing a 100x or 1000x from here, whereas BTC is already far too big for that to be likely in the next few years.
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If Autonomi proves itself as sound data and has a native token that can function as currency/cash to BTC’s gold, I could see BTC big blockers spilling $$$ over into ANT and rewarding the diamond hands handsomely overnight. (Overnight, 3-112 months from now)
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ANT will massively outperform BTC, on its pump from 2c to 10c. you just have to time bottom and top perfectly and not diamond hand the bag all the way down again, then great profits await.
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If the network fails, perhaps.
But, looking at the progress with network performance in recent months, and apps that are close to ready to go, I expect there to be a big shift in demand once the network is tangible and usable for people & marketing kicks off.
Until then, it’s just speculation. Once actual demand kicks in the game will change.
A lot depends on whether there is success in marketing the network and apps to niches that start making regular use of the network and building on it.
If that happens, the future is bright.
The nonsensical FUD here that the price couldn’t possibly rise in the foreseeable future completely ignores the fact that you can already do something with Autonomi that you can’t easily do with Filecoin or Arweave (stream a movie from the network with no account).
Yet, ANT is a small fraction of their market caps, is completely under the radar, & the real explosion of app development activity and easy UX has yet to take place. Pioneers are doing foundational stuff now that will soon enable the Autonomi dev community to thrive.
If you really don’t see the opportunity that’s right under your nose, you deserve to miss out greatly when this thing pumps.
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I think this is actually very key.
Some monetary theorists claim that something has to be useful before it becomes money/currency. That was always the argument for gold / silver, iirc.
If folks earn ANT and use ANT to pay for data, there is a chance that some have a surplus and others have a need. This could naturally form a money/currency.
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Definitely. Like with people using phone credit as currency in some places; everyone needs it & has a use for it, so it became useful currency (unfortunately not decentralised).
I’ve always felt the first crypto to gain mainstream adoption among individuals will be a crypto that is useful for individuals (shocking!).
ANT really has a chance of being that first one in my opinion (anyone can earn it, anyone can use it, anyone can benefit from the network services).
I’ve thought that since 2013, and it’s a bit surprising that no crypto has yet achieved mainstream adoption amongst individuals.
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well, no.. arweave is hosting the largest youtube alternative
It doesn’t have to fail. It just has to have bad tokenomics (which it has), low liquidity (which it has), oversupply of tokens hitting the market (happening right now) and failure to gain market mindshare among 1000 other DePIN projects (not unlikely). I’ve tried out all apps, hats off to the builders, but since we are in a token price channel.. I don’t see anything on the horizon that would gain such mass traction that it would reverse the token course right now and remain confident that my bear claws can dip inside delicious 2c ANT honey sooner or later.
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