/biz/ - Business & Finance

[Anonymous No.56005577]

>ANZ
>Total assets (2022): A$1.09 trillion

>BNP Paribas
>Total assets (2022): €2.67 trillion

>BNY Mellon
>It is the world's largest custodian bank and securities services company, with $1.8 trillion in assets under management and $44.3 trillion in assets under custody at the end of 2022 fiscal

>Citi
>In 2020 it was one of the largest securities services providers, having over $2.36 trillion in assets under custody

>Clearstream
>Clearstream, a post-trade services provider owned by the Deutsche Börse Group, recorded a total of €16 trillion in assets under custody (AUC) in June 2022

>Euroclear
>Assets under custody grew by 15% to reach EUR 37.6 trillion at year end (2022)

>Lloyds Banking Group
>Total assets (2022): £877.8 billion

>SIX Group
>The market capitalization of all companies listed at SIX Swiss Exchange amounted in 2018 to 1.6 trillion Swiss francs, making it one of the top exchanges in the world by capitalization

>DTCC
>In 2011, DTCC settled the vast majority of securities transactions in the United States and close to $1.7 quadrillion in value worldwide, making it by far the highest financial value processor in the world

LINK reached $50 just from price feeds alone, when DeFi value locked was worth $170 billion (now it's $37 billion)

Now we got trillions of dollars eagerly waiting to use CCIP
This is it, what we were waiting for all these years
We won

[Anonymous No.56005590]

>>56005577
>dub dubs
>blessed 7s
>SIBOS
>SmartCon
>infinite comfort

[Anonymous No.56005593]

>>56005577
Explain to me why they need Chainlink

[Anonymous No.56005611]

>>56005577
Checked, but Link went to $50 out of speculation alone. This time around, it won't ever reach its ATH. We would be lucky if we hit $20 if I'm being honest.

[Anonymous No.56005612]

Easy there little youngin, things aren't all going to be ported on chain at once.

[Anonymous No.56005665]

>>56005593
it grants banks extremely easy and safe access into the world of tokenized assets via CCIP, with LINK being the gas

>>56005611
if you researched the relationship between LINK price, crypto marketcap and defi marketcap you would notice that LINK value has a stronger correlation with its usage than with overall crypto sentiment, which explains what people interpreted as erratic price behavior in the past

[Anonymous No.56005716]

>>56005665
SHUTUP SHUTUP SHUTUP PLEASE DONT TELL NEWFAGS IM NOT EVEN A FUDDER BUT DONT LET EM FIGURE IT OUT

[Anonymous No.56005720]

>>56005665
So Link is gonna crab for 5 more years?

[Anonymous No.56005742]

>>56005593
They need chainlink in order to stay relevant in a world where blockchains and dapps dominate the future of finance.

And desu we need them to manage the ux. This is the number one thing that holds crypto back.

[Anonymous No.56005853]

>>56005577
>we won
>$5.95
Shut up retard

[Anonymous No.56006778]

>>56005853
you're supposed to buy when price and sentiment are low, retard

[Anonymous No.56006843]

>>56005665
serious question, what in the fuck is "tokenized assets"

[Anonymous No.56006880]

Did anyone take a look at swifts latest blogpost?
https://www.swift.com/news-events/press-releases/swift-unlocks-potential-tokenisation-successful-blockchain-experiments

>When combining Swift and CCIP, we were able to show that this new level of interoperability across various blockchains is now possible with minimal resources from even the largest banks and market infrastructures.”

>interoperability across various blockchains is now possible with minimal resources from even the largest banks

>now possible with minimal resources

So the narrative of institutions buying link has gone to the trash kek, who’s gonna pump your bags now linkies?

[Anonymous No.56006886]

>>56005577

[Anonymous No.56006891]

>>56006880
dont think that means what you think it means sweetie

[Anonymous No.56006937]

I have to be honest and tell you that I think the Link token could easily be $150 by Xmas this year. The previous ATH is meaningless, if the truth be told. Its quite likely we'll literally blow through that figure and settle somewhere around 150 to 200 dollars, by my estimates. This is me being Conservative. We could simply go way higher than this when you add speculation to this mix. Banking is a very, very big deal.

[Anonymous No.56006959]

>>56006891
I highly doubt you even think at all my dear nigger heh

[Anonymous No.56006987]

>>56006937
Marketcap of 100+ billion?
By Xmas?

[Anonymous No.56006992]

>>56006843
don't worry chainlink made a pretty video just for brainlets like you
https://twitter.com/chainlink/status/1697657318056337700

[Anonymous No.56006995]

>>56005577
>We won
Good. I'm happy for you. Now can you please shut the fuck up about link? There's no reason to ever post about it again.

[Anonymous No.56007022]

>>56005590
Trip dubs actually

[Anonymous No.56007029]

So what? No one is using banks anymore, OK? SWIFT is collapsing and we're going back to a barter economy, this means this is pointless. Just take your meds, OK??

[Anonymous No.56007043]

>>56007029
this
we're gonna trade big sticks and shiny rocks for meat. link is not needed

[Anonymous No.56007047]

>>56006992
>digital representations of real assets
but why?

[Anonymous No.56007094]

>>56006987
When you look at what chainlink is going to be used for, a tidal wave of money will come upon us, speculative or otherwise. Most likely both. I think the fugure could be way higher. It makes eth worthless and bitcoin look still useful but frankly stupid and certainly limited

[Anonymous No.56007146]

>>56007047
it mainly means CBDC, money is the real asset being digitized in this case, look up the reasons why countries want to do this

other examples are in the short video aswell

[Anonymous No.56007200]

>>56005590
Who is this beautiful female sir

[Anonymous No.56007211]

>>56005577
Checked, holy digits

[Anonymous No.56007225]

>>56005577
>>56005611
>>56007022
>>56007200
>>56007211
blessed thread

[Anonymous No.56007237]

>>56007029
Kek barter economies were never used at scale brainlet.

[Anonymous No.56007345]

Divine digits thread we will all make it.

[Anonymous No.56007353]

>>56007237
sell all of your link right now and get the fuck off of my board you 94 IQ mouthbreathing tourist

[Anonymous No.56008292]

>>56007353
Kek you got so owned then lololol what a dunce

[Anonymous No.56008328]

>>56005593

They recognized that blockchains are the next evolution of finance but they don't want to put their stuff on some public blockchain Ethereum that they don't fully control. They want to use their own blockchain. And each bank wants full control of their blockchain so each own their own private blockchain which leads to a blockchain interoperability problem; how do different blockchains communicate with each other?

So (((They))) created Chainlink as a solution.

[Anonymous No.56008333]

>>56005577
The problem is LINK (the token) is not related to the company Chainlink and most importantly, has nothing to do with CCIP, the small experiment conducted by Chainlink and then shown to SWIFT.

Unless someone can provide evidence to the contrary, this is the truth about LINK.

[Anonymous No.56008339]

>>56008333

[Anonymous No.56008343]

>>56005577
>Now we got trillions of dollars eagerly waiting to use CCIP
>This is it, what we were waiting for all these years
>We won
What's the ETA? Shills said in March of 2023. The prophecy said it would go up in August of 2022 to get ahead of what happens in November 2022 that got delayed to March 2023(Europes implementation of CCIP). BUT NOTHING HAPPENED. Don't fucking tell me it will rocket overnight, even though we've seen pumps like that in the last two months.

What are we waiting for?!

[Anonymous No.56008376]

>>56008339
That’s just the user interface converting the on-chain fee (paid in Bitcoins or Ethereums) into LINK tokens. It’s purely graphical, just to appear as if the token has a usage within the experiment.

[Anonymous No.56008400]

Clearly, we are eeking out of the bear market compared to last years data. Look at BTC, up 20%

[Anonymous No.56008405]

>>56008400
and look at XRP, despite the short and steep drops, it's still up 50%

[Anonymous No.56008416]

>>56008400
>>56008405
but then there's LINK. The odd one out. -15% compared to last year. Last year to this day, it was sitting at $7. Everyones shitting on xrpies, but goddamn, LINK really humiliating.

[Anonymous No.56008463]

>>56008416
Best not to pick your investments based on current price, anon. That's not how you make it

[Anonymous No.56008481]

>>56008343
who knows bro peak clown world

[Anonymous No.56008503]

>>56007146
what money is being digitized with CBDCs? "money" is by no means a "real world asset"
the video doesn't mention any kind of examples, apart from a vague "banks want to move to tokenized assets because that's what their customers want!"
which is bullshit

[Anonymous No.56008508]

>>56008463
I literally picked LINK because it was showing amazing strength against the entire market
the very fact that all this strength has disappeared completely for the past 3 years is a very bad sign, objectively speaking

[Anonymous No.56008575]

>>56006880
They still have to pay their gas fees (in LINK), or other assets (+10% tip and converted to LINK).

[Anonymous No.56008587]

>>56008400
>>56008405
>>56008416
HMMMMM lets see how some other top coins are doing in the last year...
uniswap - 30.7%
avax -48.4%
shiba inu -35.2%
dot -41.5%
solana -37.8%

Kill yourself

[Anonymous No.56008590]

>>56008376
That's not from the experiment, that's from CCIP mainnet

[Anonymous No.56008606]

>>56005577
Checked but you “we won” people are going to drive yourselves insane. The timeline is very different than you think it is. None of these banks can do shit until regulation clears the way. Maybe ANZ can launch something but most of the worlds finance is US based and we are probably still minimally 2 years out from banks getting full regulatory guidelines and another 1-2 from there for them to actually start onboarding customers. 2027-2028.

So getting excited now is really going to make you wonder what the fuck is going on for the next 4 years.

[Anonymous No.56008615]

>>56006880
that means minimal resources into investing time and effort to create the necessary framework for digital assets
chainlink and ccip already solves pretty much everything for them

[Anonymous No.56008625]

>>56008606
Retards/copers will say you're fudding but this is unfortunately true(ish).
They think governments / large institutions are agile and can quickly adopt / develop shit. We're talking trillions of dollars, it's not going to be a "flip the switch" kind of situation where everything turns on overnight. Yeah the institutions have been testing with CCIP for a few years now but when they inititially offer their tokenized products it's going to be limited in scope and will take years to grow as customers will only gradually start using tokenised products, not to mention how long it takes for regulators to understand this shit.= which will delay things further.

[Anonymous No.56008677]

>>56008606
>>56008625
You are Jewish fudders. How much ya gettin' paid, Schlomo?

[Anonymous No.56008711]

>>56008677
Do you seriously think the world's assets getting tokenised will be a "flip the switch" kind of thing? It's started already and is slow. It'll take years for a meaningful amount to be tokenised.

[Anonymous No.56008735]

>>56008590
There is no CCIP mainnet, what are you talking about? It’s still in early experimental and testing stages

[Anonymous No.56008745]

>>56008735
It's on a limited mainnet release right now. Most are using it on testnet though.

[Anonymous No.56008746]

>>56005577
>ANZ
>Total assets (2022): A$1.09 trillion

lol

[Anonymous No.56008796]

>>56008735
Swift's CCIP trial is, but CCIP mainnet is out in early access already

[Anonymous No.56008828]

>>56006992
None of that is needed.

[Anonymous No.56008837]

>>56008796
>>56008735
>>56008745
so when is the main release, and why isn't the early access of the CCIP mainnet driving up the price? So what does testnet show, someone must have given data on what price LINK would be once it was shifted over from testnet to mainnet.

[Anonymous No.56008872]

>>56007047
I can tokenize my fucking house and then stake it in some defi shit and pay my mortgage with it. Do you understand now? There is so much more than just that too.

[Anonymous No.56008895]

>>56008872
Holy shit cryptocucks are delusional

[Anonymous No.56008919]

>>56005593
In a multipolar world where the USD is no longer the standard form of transaction it will be incredibly useful to have a system that automatically converts assets from one form into another seamlessly.

This is Chainlink.

[Anonymous No.56008929]

>>56008895
Fuck off jew

[Anonymous No.56008947]

>>56008711
if it's actually that high in 7 years we will be gorillionaires

[Anonymous No.56008991]

>>56008919
No one needs a token for that.

[Anonymous No.56009014]

>>56008606
DeFi was irrelevant for years until LINK enabled it, then within a very short period it grew into an industry currently worth dozens of billions that attracts tradfi interest

SWIFT just confirmed 1-2 days ago that they have been working with Sergey since 2013
Chainlink isn't just a bunch of outsider nerds who came up with something cool that banks may use at some point in the distant future, they have been deeply connected insiders all along and many of the things unravelling right now were predetermined years ago

These current events are the climax of a decade-long buildup: CCIP and the need for interopability, CBDCs and private bank chains, SWIFT flat out announcing the banks that will be using Chainlink, etc
This is what Sergey meant when he said "this is the year" and "right about now"

[Anonymous No.56009249]

>>56009014
Ok but token is $6?

[Anonymous No.56009266]

>>56008947
You're right, but the key thing to note is
>7 years
If I was younger, I'd have more time to wait but I'd also have less income. Right now I have a good career and income but less time to wait for this shit to moon. I feel like gambling on the lottery instead.

[Anonymous No.56009275]

>>56009266
ok, so gamble and stfu
if you have so little time, why are you wasting it whining about an investment

[Anonymous No.56009292]

Aside from institutional investment, bank use etc i think pretty soon we'll see a lot of retail selling whatever shitcoins they're holding and moving to Link. Sibos and Smartcon will be fun

[Anonymous No.56009301]

>>56009292
agreed. it's not like there is anything better to invest in these days. normies are tired of dog coins and other obviously pointless memes

[Anonymous No.56009317]

>>56009301
>>56009292

[Anonymous No.56009330]

>>56009301
>normies are tired of dog coins and other obviously pointless memes
hahahhah

[Anonymous No.56009339]

>>56009330
These linkcels are delusional we need to get them help

[Anonymous No.56009345]

>>56009330
they are, just go to r/cryptocurrency and see
most normies think they're gonna make it by buying "safe" BTC and ETH only lol

[Anonymous No.56009474]

>>56005577
based thread

[Anonymous No.56009480]

>>56008508
So your entire investment thesis is ignore fundamentals, buy high?

[Anonymous No.56009503]

>>56009480
these people are trying to spread the false meme that the best way to invest is to find an asset that is already going up, then sell in 2 more weeks when the asset surely has continued to go up 10,000%, now you have gotten rich quick.

picking something with great fundamentals and being patient? that's "cringe" bro

[Anonymous No.56009509]

>>56009480
No, his investment thesis is to buy low but tell us to sell because it's best to ignore fundamentals and buy high.
Kinda lame, really

[Anonymous No.56009515]

>>56009339
Oh hey its you, still fighting the good fight against sega saturn or whatever?

[Anonymous No.56009528]

>>56009509
1 billion to go around. I get it. But I believe in karma so I'd never try to alter someone's path in a negative manner like that.

[Anonymous No.56009541]

>>56009503
I love gently reminding them that even if i wanted to which i absolutely do not; i'm fully staked and will be migrating to v0.2 on the day it becomes available, plus transferring all my staking rewards, plus adding more that i've purchased.
It's a wonderful feeling, knowing i'm set for life.

[Anonymous No.56009604]

>>56009503
What fundamentals? You’re betting on Sergey being successful with his vision of chainlink. Staking v1.0 is not even out yet, you have no idea what the marketplace is going to look for chainlink once it’s out.

Advocates’ posts are not “fundamentals” anon. Reality is fundamentals. Apple selling real products and posting great financial statements are fundamentals.

You’re not investing in fundamentals, you’re investing out of hopium from larping insiders.

[Anonymous No.56009631]

>>56009604
>Sergey's vision
Not quite, bud. He's just a figurehead. It's the system's vision, and the wheels are already in motion. Wake up Peter Pan. This is your one shot. One opportunity. Mom's spaghetti.

[Anonymous No.56009677]

>>56009275
Because I'm down $50k on LINK. I ain't selling these bags until I'm back in profit. But at that point I may as well just hold til the moon mission.

[Anonymous No.56009703]

>>56009677
And you're better off using your precious finite recourse (time) doing something that isn't a waste (complaining on the internet to a bunch of dweebs) negating the reason for you needing to gamble in the first place. Are you a woman, and doing your version of shaking your ass on tiktok for attention? Or just completely fucking retarded, and love creating misery for yourself?

[Anonymous No.56009716]

>>56009677
hey i know what you can do
sell your link and buy a new doggie coin
that'll surely go up 500% in 2 weeks and then you'll be back in profit, right?

[Anonymous No.56009718]

>>56009703
He’s a link cuck baggie of course he’s a bitch

[Anonymous No.56009731]

>>56009631
>>56009703
Kek

[Anonymous No.56009771]

>>56005577
Wow, this is some of the biggest news in crypto history, and Chainlink is at the heart of it!

Let's see how the media reported on Chainlink's massive succ-ACK


(also checked)

[Anonymous No.56009775]

>>56009703
>Or just completely fucking retarded, and love creating misery for yourself?
This one...
>>56009718
I'd fuck you up IRL faggot. I train literally all the time in my basement when I'm not working so I'm LETHAL.

[Anonymous No.56009788]

>>56009775
>all the time when I'm not working
So, shitposting is you working. Noted.

[Anonymous No.56009799]

>>56005577
>LINK reached $50 just from price feeds alone
uhh sweetie, link reached $50 because bitcoin was in a raging bullrun. what you mean is link reached $20 during the summer when it slightly decouple from the rest of the market because of price feeds. i hold chainlink but check your facts fucking retard.

[Anonymous No.56009813]

>>56009775
You are in a cult and down financially 50,000 fucking dollars. Also one bullet is all it would take to end your cuck life it would probably be a mercy all things considered

[Anonymous No.56009823]

>>56009799
> link reached $50 because bitcoin was in a raging bullrun
lol
Even in the middle of its bullrun, Bitcoin still found the time to dump on Link news.

[Anonymous No.56009825]

>>56009799
Why would the price of an ERC-20 token go up when the price of BTC goes up? Where's the connection?

[Anonymous No.56009837]

>>56009813
>You are in a cult
And you're right here with us, mister 7pbtid in 16 fucking hours

[Anonymous No.56009859]

>>56009837
What's so bad about the number of post made by an individual? I mean, if it's legitimate conversation, that's healthy. Obviously, if it's trolling, or some delusion that bumping a thread affects the price, it's not.

[Anonymous No.56009875]

>>56009859
Well when you tell someone he's in a cult, but you're following that person to the cult meetings, then you're in the cult yourself as well.

[Anonymous No.56009898]

>>56009859
>if it's legitimate conversation
it's not

[Anonymous No.56009899]

>>56009875
So, you're agreeing with me, that this "person's" performative action in the role of fudder to get (You)s in order to make number go up isn't healthy.

[Anonymous No.56009906]

>>56009899
In my analogy, "this person" was not the fudder.

[Anonymous No.56009916]

>>56005611
No, it will reach $200 from speculation alone

[Anonymous No.56009919]

The supply has something like tripled since it’s peak though, which means it’ll take a lot more money to reach previous ath. It gets even worse when you realize half of the supply has yet to be released. $100+ seems like an impossibility even with all this good news. Idk maybe the fud is getting to me

[Anonymous No.56009928]

>>56009875
If link wasn’t a bad investment, shills would be above doing things such as replying to fudders, but they aren’t.

Shills can’t let link speak for itself, because it would devastate the price action. That’s why advocates spend their whole lives here shilling link.

Fudders seem to be mostly bagholders, so it’d make sense for them to have a grudge against the project

[Anonymous No.56009938]

>>56009906
It doesn't matter, if Chainlink, a legitimate bizness, needs you here, to function in the world, it's going to fail. In other words, go outside, and stop staring at the chart, and live, for once in your life. Note: replying to this post, only serves to prove that you're here for attention.

[Anonymous No.56009948]

>>56009919
Bitcoin was a few cents back when only a few hundred coins were in circulation, and $60k after 19 million coins had been added to the circulating supply.

>>56009928
>>56009938
not reading all that shit, sorry

[Anonymous No.56009967]

>>56009948
See kids; stop doing the masturbatory action of trolling one another on here, and go outside.

[Anonymous No.56010130]

>>56009948
Not buying shill

[Anonymous No.56010696]

>>56008991
You do if you want to use Chainlink which will do it automatically for you.

[Anonymous No.56011872]

>>56009014
>decade of brainstorming

[Anonymous No.56011906]

>>56009938
I'm just here for attention

[Anonymous No.56013412]

>LINK reached $50 just from price feeds alone, when DeFi value locked was worth $170 billion (now it's $37 billion)
Kek giga cope. It didnt pump because of price feeds it just had its speculative pump and dump like every single shitcoin.
Link has more usage now at $6 then when it did at $20 in 2020.
(This is because the token is not needed)

[Anonymous No.56013420]

>>56006778
Topkek You guys bought 7 years ago and yet you still havent made it

[Anonymous No.56013431]

>>56008587
>link is the same as every shitcoin
Exactly.
Only BTC and ETH matter, and link has bled against those far more thrn the 15% vs usd

[Anonymous No.56013447]

>>56013412
>>56013420
>>56013431
didn't read
staking

[Anonymous No.56013477]

Is there a possibility that a lot of ETH insiders are so deafened by their echo chamber that they literally don't know what is going on?
Like have we been attributing too much to malice and not plain ignorance?
How many of these fags are like:
>oh yeah chainlink is a centralised oracle and we're all going oracle-free so it's a nothing burger and also ETH is the ultra soundest money on the planet and the final L1 that all of global business will settle on

[Anonymous No.56013602]

>>56005590
who is this semen demon?

[Anonymous No.56014063]

>>56013412
BTCand ETH usage spikes to the moon whenever their price plummets.
That must mean BTC and ETH tokens aren't needed either.

[Anonymous No.56014082]

>>56013602
She specialises in penises, so I've been told.

[Anonymous No.56014105]

>>56005590
SmartCon does not give me comfort after seeing last year's
>this year two breakdance shows, 3 grifters that will be jailed, and even less actual news

[Anonymous No.56014114]

>>56013447
Thanks for the (you)s Linkchud, I just got paid three times sucker!

[Anonymous No.56014146]

>Joe's coffeehut serves coffee for Blackrock (total assets: $10 trillion)
>Joe's coffeehut will be worth $10 trillion dollars!
This is what stinkmarines actually believe

[Anonymous No.56014156]

>>56007047
So you can transfer them from one shitchain to another shitchain paying $10-$20 in fees per transfer to chainlink! It's duh futur ob fanance!

[Anonymous No.56014168]

>>56008919
Why transact with shitcoins when I could just use Money (ticker: BTC) instead?

[Anonymous No.56014167]

>>56007094
No it makes dumb shitcoiners like you look stupid. Imagine shilling this hard for some scammy tech company that banks in reality don't even need. Obviously bitcoin is infinitely more important to the space than some shitcoin since it is uniquely decentralised.

[Anonymous No.56014201]

>>56014167
>Bitcoin
>uniquely decentralized
lmao, two nodes hold more than 51% of mining power.

[Anonymous No.56014222]

>>56014168
Because Bitcoin is never going to be widely adopted.

[Anonymous No.56014249]

>>56014222
damn checked

[Anonymous No.56014251]

>>56014222
BTC solves money, it is the first trustless money the world has ever known, and as such, the last money the world will ever need, the systemic economic value of trustless money is nearly incomprehensibly vast, in the future we will denote history into pre & post BTC eras. Bitcoin is an inevitability.

[Anonymous No.56014311]

>>56014251
You need more than just money.
There are stocks, metals, financial products, insurance, derivatives, ... that should all have the ability to be represented, transacted, and traded through decentralized systems instead of via centralized dinosaur servers.

[Anonymous No.56014323]

>>56005577
When link settles transactions xrp baggies will rope.

[Anonymous No.56014342]

>>56014323
The real-world assets and stablecoins will settle transactions. That's the whole point.

[Anonymous No.56014596]

>>56014251
BTC was just a prototype for what is coming.
People don't use the original iPhone anymore because it has been superceded by superior technology, the same is true of BTC.

You just don't know it yet.

[Anonymous No.56015211]

>>56008328
Based

[Anonymous No.56016807]

>>56014311
No. "It's X service, on da blockchain!" is dotcom shitcoinery, being on chain provides no inherent value.
>>56014596
To reiterate: BTC solves money, it is the first trustless money the world has ever known, and as such, the last money the world will ever need.

[Anonymous No.56016819]

>>56016807
>being on chain provides no inherent value
It increases automation and makes financial products much faster and cheaper, especially internationally.

There's a reason 97% of institutional investors (including Blackrock btw) all believe tokenized assets are about to explode, and Swift is diving head-first into concrete solutions like CCIP.

[Anonymous No.56016824]

>>56013477
>Is there a possibility that a lot of ETH insiders are so deafened by their echo chamber that they literally don't know what is going on?
definitely for some of em

[Anonymous No.56016832]

>>56016807
repeating something doesn't make it true, sweetie

[Anonymous No.56017409]

>>56009928
Cant speak for anyone else but i reply to fudders out of boredom and as a way to blow off steam (too handsome to risk facial damage doing combat sports)

[Anonymous No.56017431]

>>56014251
Bitcoin doesn't solve anything. It is 15 year old technology that serves as a proof of concept for technology. It is the equivalent of a mainframe the size of a room that has 1% of the processing power as one of today's smart toasters. Important? Yes. Do we need it today? No.

[Anonymous No.56017448]

>>56014146
>all blackrock employees must pay joe's coffeehut anytime they drink coffee regardless of when or where
>90% of their 100,000 employees drink at least multiple cups a day
Sounds comfy

[Anonymous No.56017474]

>>56017448
Ok maybe i should have left off the at least and mentioned anyone who drinks coffee will have to pay up. Oh well, proof of humanity via error.

[Anonymous No.56017584]

>>56016807
The Network can be taken over

[Anonymous No.56017977]

>>56016819
>It increases automation
Decentralization does not lead to increased automation
>and makes financial products much faster and cheaper
Laughable. Blockchains are slow and expensive compared to centralized solutions, their use is only justified when centralized solutions can't be used, for example, trustless money. But even if we assume this is true, if means your shitcoin has no value as the rent extractable by your middleware must be less (much less, to justify switching) than the current cost of providing these services.
>Swift is diving head-first into concrete solutions like CCIP.
Swift has a handful of employers playing with blockchains, like MoneyGram's "use" of ripple, these projects are funded by the shitcoin companies
>>56017431
BTC is the world's first trustless money, as such, if solves money. Full stop. The difference between maxis and shitcoiners is we see the costs of corruptible trust-based monetary systems and the insane value created by trustless money, while you shitcoiners chase rent seeking middleware that even if adopted would provide negligible value
>>56017448
>Swift will shoehorn chainlink into their business such that they're forced to pay them to perform any and every function, because, because they just will, ok?!
The absolute state of shitcoiners.

[Anonymous No.56017978]

>>56010130
We never needed you to buy. Did you even read the OP? Jeez the egos on you retarded fuddies, it's hilarious. Keep living in your squalor while I bag another 100x

[Anonymous No.56018044]

>>56017977
>guys everyone will use BTC because... they just will ok?!?
Show me what usecase btc has aside from a Blackrock ETF to scam boomers and suppressing link. I can't even pay for PizzaHut with it but it supposedly solves money lol
>coping about SWIFT and Chainlink collab one decade in the making
Its gonna be so sad for you to watch BTC mcap funnel into link
>picrel its your face when

[Anonymous No.56018755]

>>56018044
>Show me what usecase btc has
Money. After full capitalization why would you use anything else? Until full capitalization BTC will continue acting as a liquidation proof leveraged short of fiat, given that even equities have been flat factored for money stock over the last 60 years this property alone justifies it's value.
>SWIFT and Chainlink collab will cause BTC's mcap to funnel into link!!1
Kek. You're aware that SWIFT's annual revenue is a merger billion dollars, right? SWIFT can use CL for everything and it'd amount to a few million in revenue for link

[Anonymous No.56019122]

>>56018755
What is BTCs revenue? Like, actual revenue. Not its marketcap which is down about 66% from its ATH (which likely wont be surpassed in the next run)

SWIFT had 11.2 billion in volume in 2022 and had notable growth.
BNY who is also working with link on tokenization has the following in their 2022 report. (Pic related)

So again, what is BTC doing? An ETF with Blackrock? Which wont mean anything unless boomers pile in? What do you mean until full capitalization? BTC has been around since 2009 and got propped up by tether. If 14 years and 7 years of mainstream attention has done nothing then what exactly are you waiting for? No bank will use BTCs ledger. No enterprise is adopting it. It isnt even a store of value (gold retains its value much better, as does USDC and USDT)

[Anonymous No.56019124]

>>56005577
NO ONE GIVES A SHIT UNLESS THE TOKEN PRICE INCREASES

[Anonymous No.56019139]

>>56019122
Why dont you read this and add up their revenue and total up their asset values? If you cant see a picture starting to form in your head then by all means, continue accumulating BTC. Ive got nothing more to say.

[Anonymous No.56019158]

>>56005577
Scam token

[Anonymous No.56019171]

>>56005577
I literally just sold all my chain link yesterday because I found out I was fucking retarded for holding all these years. Do the same you'll feel a whole lot better

[Anonymous No.56019185]

>>56019124
COPE
O
P
E

[Anonymous No.56019187]

>>56019158
>>56019171
so true sirs!

[Anonymous No.56019294]

>>56009813
How dare you speak to another human being like that over an investment? I mean this when I say it, fuck you.

[Anonymous No.56019299]

>>56019294
yeah m gnna go wiiith cope

[Anonymous No.56019317]

>>56019187
>Thinks I'm an Indian with no proof
Delusional schzio

[Anonymous No.56019328]

>>56019299
Checked faggot. Here is a $400 buy order in your honor. What you are doing is absolutely fruitless.

[Anonymous No.56019368]

You guys gonna abandon the thread now that I showed a buy order?

[Anonymous No.56019622]

Comedy.

[Anonymous No.56019660]

>>56019328
fuck u asshole
sell that right now u stupid ass bitch

[Anonymous No.56019709]

>>56009014
>2013
what the fuck? so they were working on solving problems with smart contracts before they were even in use?

[Anonymous No.56019711]

>>56019709
Sup newfag? This is old news.

[Anonymous No.56019728]

>>56019711
sergey really is satoshi isn't he

[Anonymous No.56019813]

>>56019139
>>56019122
Are you literally retarded? Why do you think "value transfered" or "assets managed" matter? Their annual revenue is less than $1bn, that's what they can charge for their services, it doesn't matter that Bob the armored car driver moves $100m, he's still getting paid $15/hr, link is Bob you dumbfuck

[Anonymous No.56019817]

>56019813
>subhuman ESL rant

[Anonymous No.56019836]

>>56019817
Who are you replying to?

[Anonymous No.56019842]

>>56019836
your moter

[Anonymous No.56019860]

holy incel manifesto!

[Anonymous No.56019949]

>>56019817
>arguments: 0
SWIFT currently facilitates transfers on the other of a quadrillion dollars a years, yet SWIFT's revenue is less than $1bn a year, please explain why you believe SWIFT using CL for some or even all of their business would generate orders of magnitude more revenue for CL than SWIFT themselves generate. I'll wait.

[Anonymous No.56020078]

>BIC provides ballpoint pens to company that handles gorillions
>therefore the price of ballpoint pens will also be worth gorillions

[Anonymous No.56020104]

Someone post the neighborhood street.

[Anonymous No.56020170]

>>56019949
Putting RWAs on chain is a new use-case. It's an irrelevant point though, as Sergey has already stated what they project future revenues to be.

[Anonymous No.56020282]

>>56019949
Swift isn't a for-profit organisation. Swift also uses IBM computers but generates less revenue than IBM. Chainlink fees will be passed on to Swift's customers, 11,000 banks who will in turn charge their customers, you. So get ready to pay up.

[Anonymous No.56020410]

>>56017977
>Decentralization does not lead to increased automation
Jesus christ look up what a smart contract is.

[Anonymous No.56020492]

>>56020282
>Chainlink fees will be passed on to Swift's customers
Why would member banks pay many many times more than SWIFT (it's an acronym you dumb nigger faggot) services currently costs?
>>56020170
>20% of global GDP will be shitcoin fees
Jesus Christ shitcoiners are another level of dumb

[Anonymous No.56020524]

>>56020492
>Why would member banks pay many many times more than SWIFT (it's an acronym you dumb nigger faggot) services currently costs?
Baks want to transact tokenized assets because it saves them time and money, and Swift is where the banks come together to make this happen.
The CCIP and L1/2 fees are a drop in the ocean compared to the efficiency gains of tokenized assets.

[Anonymous No.56020525]

>>56020410
Do regale us with all of the cost-savings-through-automation that smart contracts have given the world

[Anonymous No.56020534]

>>56020525
>have given

[Anonymous No.56020535]

>>56020524
>Baks[sic] want to transact tokenized assets because it saves them time and money
But I thought "Chainlink fees will be passed on to Swift's customers, 11,000 banks who will in turn charge their customers, you. So get ready to pay up."?

You can't have it both ways, if it saves money it will generate pathetic revenues, if it's more expensive it won't be used

[Anonymous No.56020564]

>>56020534
wow positive sentiment and asspull value projections! and constantly with the conflation between asset values and implied shitcoin revenue

[Anonymous No.56020584]

>>56020535
>But I thought "Chainlink fees will be passed on to Swift's customers
Absolutely.

>You can’t have it both ways
Of course you can.
You can save tons of money by paying for better systems.

[Anonymous No.56020604]

>>56020535
>But I thought "Chainlink fees will be passed on to Swift's customers
You didn't "think" that, it's a reality.

>>56020564
Big cope

[Anonymous No.56020606]

>>56020584
>the entire world will pay orders of magnitude higher fees for everything, because they just will, ok?!
The absolute state of shitcoiners.

[Anonymous No.56020612]

>>56020606
They’ll pay CCIP fees, and they’ll save money doing so.

Difficult concept for a mental toddler, I know.

[Anonymous No.56020631]

>>56020535
>if it saves money it will generate pathetic revenues
This is the dumbest thing I’ll read all day, I’m sure.

[Anonymous No.56020712]

>>56020612
>>56020631
Your delusions are something else, never once in this thread or any other have you ever provided any example how this provides value, only ludicrous ass pull projections of hundreds of billions or even trillions in fees for shuffling tokens between different blockchains

[Anonymous No.56020723]

>>56020712
>never once in this thread or any other have you ever provided any example how this provides value
That burden of proof doesn’t fall on us.
Ask all those financial institutions and authorities why they’re so excited about tokenized assets, a good start would be to ask Swift.

[Anonymous No.56020785]

>>56019622
>>56019660
sry but this is just too good, please save and repost

[Anonymous No.56020874]

>>56020723
>Arguments: 0, demonstrated value: none, token: not needed.
Glad we could clear that up.

[Anonymous No.56021081]

>>56019813
Are you retarded? Look at the api calls and messages sent. Link takes a little off the top of each message sent using ccip.
Why dont you provide the data that shows the 1bn annual revenue while youre at it.

[Anonymous No.56021090]

>>56020874
>ANONS ON 4CHANNEL HAVE TO JUSTIFY WHY BANKS AND NATIONAL GOVERNMENTS ARE ALL OVER TOKENISED ASSETS RRRRREEEEEEEEE

[Anonymous No.56021101]

>>56020874
Instantaneous settlement for one. No underwriters. Completely automated transactions. Lots of wagies will be hitting the unemployment line or seeking new jobs. Those salaries get gobbled up.
>I couldn't help but notice how you dropped the btc is going to go up because it just will narrative amd that you failed to point out the revenue it has generated. What is the revenue ethereum has generated versus its marketcap? ;^)

[Anonymous No.56021112]

BTC was the trojan horse full of LINK soldiers

it's all over (except for linkies)

[Anonymous No.56021541]

>>56008625
Regulators don't understand a fucking thing. The banks prepare the bills and tell the regulators what to say and give them a rolling suitcase full of cash and a job as Vice President of Cum Drinking after they finish comping the banks in their government role.

[Anonymous No.56021560]

>>56009677
you're down ONLY $50k on link and you're here writing all this shit? Dude if you only knew. Just hold tight and stfu.