this is simplest i can describe $tao.

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[ analogy ]:

bittensor = "sports"
subnet = league
miner = team

a subnet is a league:
- nfl
- nba
- mlb
- nascar
- f1
- world cup

each miner in a subnet is a team:
- bulls
- lakers
- patriots
- vikings
- verstappen

=====
[ inventive mechanism ]:

the best team in a league wins, so teams work very hard to improve. miners work very hard to be thebbest in the subnet. 

this how bittensor, like a league, produces the best performance in the known universe.

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[ tokens ]:

if you buy a subnet token, you are betting on that league to do well.

if you buy $tao, you have bought a portfolio of current and future leagues.

$tao = portfolio of leagues
subnet token = a league
miner = a team