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26476096 No.26476096 [Reply] [Original]

I can't believe someone from the livestream chat asked about the coffee standard and Patrick confirmed it. I've held Link since ICO and I just sold it all. It's unironically over.
For those who don't know, Patrick is an engineer at Chainlink. Streamed a node setup with GCP demo at the Baseline conference this morning with John Wolpert and somebody from Google. John brought up a question from chat about the "fake" coffee standard (Chainlink is intended to be pegged to the price of a cup of coffee) and when John read out "Hey Patrick, someone in chat thinks the coffee standard is fake, do you want to speak on that?" They both started laughing. Patrick went on to explain that for Chainlink to work as intended the price shouldn't be over $4.50 USD and they expect it to adjust back down within a couple of weeks (as it's been designed to do). If you think I'm lying you can go to the stream yourself, it was about 35 minutes into Patrick's presentation.

>> No.26476122

>>26476096
bullish for LINK

>> No.26476136
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26476136

>>26476096
Thanks just bought 10,000 man I fucking love coffee

>> No.26476257

Hyper inflation is that bud huh? 1k for a coffee... I'm glad I hold crypto currency

>> No.26476335
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26476335

c-can somebody confirm op's claim..?

>> No.26476444

>>26476335
he's 100% right if you factor in hyperinflation after the US collapses. LINK $1B EOY confirmed.

>> No.26476561

>>26476096
that's stupid, why would they want a centralized stablecoin?
Oracle request prices are in link and they adjust it if link prices changes.

>> No.26477155

>>26476096
After the minimum wage increase and 3% daily inflation of the USD a coffee at Starbucks will cost 1 link or $2000