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54884509 No.54884509 [Reply] [Original]

"We are working with an increasingly larger amount of banks and some of the things I'm seeing there suggest things will move beyond a proof of concept into a pilot and into production. And just to be clear on what 'into production' means, banks have trillions of dollars so if our industry is going to grow ... it really does need large institutions to decide to become a part of it because it's a superior system."

>> No.54884530
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54884530

>>54884509
Where 2 cop mug?

>> No.54884545

>>54884509
That part is bullish, but clearly FTX fucked all the big player trust in crypto so they have to basically start all over again and probably nothing special will happen until all the regulations fully come through

>> No.54884626

>>54884545
I think those who had already started working on their projects just needed to be reassured that "This isn't That". but I can see those institutions completely unfamiliar with the space would be spooked. I don't think he'd mention pilots and production if everyone had been scared off. SWIFT would know better.

>> No.54884640

>>54884509
Who says that and where?

>> No.54884649

>>54884509
This "superior system" can barely handle a single meme coin pump, what makes you think it can facilitate the movement of trillions of dollars. Blockchain doesn't fucking scale.

>> No.54884670

>>54884640
>>54884649

Sergey says it in the final few minutes of his consensus talk. L2s and other blockchains can be used. That's what CCIP will enable, the specific blockchain won't be as relevant.

>> No.54884700

imagine unironically believing banks will ever use blockchains lol a few meme coins just congested both the top two crypto projects. lmao.

>> No.54884725

>>54884509
In reality their only use case is shitting out price feed, just copypasting cmc price api and putting on chain but they can't even do that fast enough since all the defi ponzi just want a pepe-usd feed while it's hot and sirgay already failed to deliver

>> No.54885409

>>54884670
how far away are they from achieving this? Another 6 years? 10 years?

>> No.54885514
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54885514

Quantitative Eating

>> No.54885533

>>54885409
Literally this year.

>> No.54885551
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54885551

>>54885533
>Literally this year.

>> No.54885601
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54885601

>7
WAGMI bros Sergey Send it

>> No.54885638

>>54885409
At Smartcon Sergey said that maybe in a decade or two

>> No.54885716

>>54884545
>FTX fucked all the big player trust in crypto
chainlink will kill this "corporate trust" boomer mindset and turn "trust" into something that can be safely assessed through purely objective and transparent metrics

>> No.54885731

>>54885514
i wonder if this attire was part of a "persona" he is trying to cultivate or if he is genuinely that autistic

>> No.54886051
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54886051

>>54885638
Totally not a scam to lure in midwits into holding his shitcoin

He’s been dandling the carrot on the stick for 6 years lmao

>> No.54886084
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54886084

>>54886051
>Totally not a scam to lure in midwits into holding his shitcoin

>He’s been dandling the carrot on the stick for 6 years lmao

>> No.54886118

>>54885716
ok, why would the psychopaths in traditional finance and even in crypto even agree to this?

>> No.54886150

>>54886118
because anyone who doesn't gets kicked off the market
it's like the internet, you either get in, or you become irrelevant as those who get in outcompete you

>> No.54886181

>>54886150
chainlinkgod already lost the big debate against sassal the scammer. seems like cringe memetic stress testing beautiful dances are the future crypto bros and not whatever chainlink was planning

>> No.54887177
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54887177

>duuuuuuuuuuuuuuude itsthhhhhh a segrettttt invessssstmannnt!

>j j just get cucked bro, e e everyone is doin it

>HODL MARINESTHHHHH


Chainlink…THE cuckolds of crypto

>> No.54887202

I bet Balaji holds a huge bag