Staking APY question

[Anonymous No.51611189]

When the global economy runs through oracles, will the link staking APY be used to measure the health of the global economy?

[Anonymous No.51611257]

>>51611189
no
sergey's waistline will

[Anonymous No.51611799]

>>51611189
Did you know that data is basically infinite? Did you know that there’s only 1B Chainlink tokens and that there’ll never be anymore? Staking apy is basically pointless because you’re getting paid in LINK and not another currency.

[Anonymous No.51611830]

>>51611189
when will link become the global reserve currency?

[Anonymous No.51611909]

>>51611189
That’s actually a really interesting question. Maybe it will serve as a contraction/growth indicator

[Anonymous No.51612310]

>>51611189

When the music starts and as the months/years go by, people and institutions will begin to exchange their local currencies for chainlink tokens and stake them as a means of gaining exposure to what is by that point a global market for trading futures on the efficiency of the planet's entire economy and everyone in it.

[Anonymous No.51612367]

>>51611799
Did you know chainlink does offchain computation in addition to data inputs/outputs?

[Anonymous No.51612379]

>>51612310

Here's the vision:

CCIP and staking are brought online, and the price of link becomes $1,000 overnight due to sheer supply/demand dynamics fundamentally changing. Then it moves towards $10,000 as all the world's private blockchains are linked together and money begins to move between banks and countries, which is secured by the network you possess significant ownership of. Over time all trading of public and private securities in all countries moves on-chain, and global markets are unified.

Five years go by. You can now buy and sell equities, bonds, currencies from anywhere in the world and without the need for any brokers, because you hold your assets yourself digitally. Global market makers are all automated. Link now fluctuates between $100k and $110k. Thanks for playing.

Economic inefficiencies across all sectors and countries are eliminated via instant settlement as the entire global economy moves onto interconnected DLT and blockchain networks, powered by chainlink's increasingly efficient internetwork standardization protocols.

People and banks begin to store wealth in whichever global currency or crypto currency they choose and trade between them at will, or within whichever limits are agreed upon by the completely global, fully economically independent and increasingly decentralized group of CL freeholders and Node-based organizations, who also oversee the development and maintenance of the network infrastructure itself, to the tremendous financial benefit of themselves.

Thanks for playing.

I'm done fudding my bags on this board because I've finally finished accumulating. Fuck no-linkers

[Anonymous No.51612443]

>>51612367

yes I do. I'm talking about what would drive the actual buying and selling of chainlink tokens after the singularity takes place. Who would sell ownership of yield-bearing public infrastructure that scales with the efficiency of the global information economy?

[Anonymous No.51612497]

>>51612379
Wow what a wall of text coming from a bagholder

[Anonymous No.51612801]

>Fed rates
18%
>loan interest
25%
>your savings account
2%
>Chainlink
about 3.5%

[Anonymous No.51612984]

>>51612379
Based Terry Davis poster, God speed. I only have 2.5k Link and I'm a poorest of poor fags. Posts like yours give me hope. I'm never selling.

[Anonymous No.51613040]

>>51612801
3.5% on an asset with theoretically no upper limit vs 25% on your cuckbucks.
>>51612443
1 LINK is all anyone needs.

[Anonymous No.51613045]

>>51612379
Based baggie post

[Anonymous No.51613088]

>>51612379

[Anonymous No.51613168]

>>51612497
>>51613045

Get fucked, I'm in deep profit. Enjoy the show over the next few weeks/months. I really mean that.

[Anonymous No.51613237]

Jesus, we are so fucked aren't we?

[Anonymous No.51613298]

>>51612379
Bubbafox stop posting this shit to twitter nigger

[Anonymous No.51613323]

>>51612984
>poorest of poor fags
You have almost $20k in a niche speculative asset

[Anonymous No.51613356]

>>51613323
and that is a good thing!

[Anonymous No.51613365]

>>51613040
>with theoretically no upper limit
If it gets too costly then people won't use it.

[Anonymous No.51613442]

>>51613365
18 decimal places would like to have a word with you

[Anonymous No.51613986]

>>51613365
So true bro, 1 chainlink for every vrf and price feed call is already getting too much isn’t it. They should have made the link tokens like an ordinary divisible token instead of a billion nft’s. Fucking idiots

[Anonymous No.51614580]

>>51613986
This. Ethereum has 18 decimal places, why did they only make LINK divisible into 1 billion pieces? Imagine trying to run an economy where there are only 1 billion $20 bills or something, it's retarded.

[Anonymous No.51614698]

>>51613323
imagine believing there is any new money coming into crypto