🚨 Natural $TAO Scarcity is Real, the Road isn't easy though 🚨 21M $TAO? Not really. Over time, it’s far less.

🛑 Failed subnets = $TAO trapped.
🔥 Lost keys = $TAO burned.
💰 Slippage & illiquidity = $TAO disappears in bad trades.
🔗 Cross-chain risks = $TAO lost in bridges.
⚠️ Orphaned reserves = Unrecoverable $TAO.
🚀 Liquidity pools = Less $TAO in circulation over time.

Here's how 🔥

▫️As subnet alpha tokens grow, more $TAO gets pooled to back them, effectively taking $TAO off the open market.
▫️If subnets introduce a burn fee for transactions, every interaction removes a tiny fraction of $TAO from supply.
▫️Subnets that collapse but still have $TAO in their pools become liquidity black holes.
▫️If a subnet’s $TAO-to-alpha ratio crashes, unstaking $TAO may result in major losses.
▫️If a subnet fails or is abandoned, any $TAO staked in its liquidity pool could become inaccessible if there’s no way to exit, unless community takes over. 

Many simply wont hold this assets long enough to see the returns like early Bitcoiners 🔥 

21M $TAO? The real circulating supply is always shrinking. Scarcity compounds, and those who see it early will benefit the most.

🚀 $TAO Drifting Out of Reach – The more $TAO in subnets gets locked, lost, or burned, the scarcity compounds.

#Bittensor #TAO #Scarcity #Deflation #CryptoEconomics #Web3

Credit to creator of this below, love it!