LinkDrake

Chainlink now confirmed as the ISO 20022 coin for anyone who was still unaware. Even people who spend their entire lives in this crypto world still don't comprehend what is being laid out there because they are still stuck with the original *false* chain-centric mental model of this technology. Database servers were developed in the 60/70s. The Internet didn't see widespread adoption connecting them together until the 90s~. People are still stuck in the 70s essentially as far as crypto tech is concerned and it is time to catch up. Chainlink is a monetized Internet extension layer.

@Zedzies GPs deserve to be taken down a peg or 10, basically modern day snake oil salesmen.

The doctor of the future will largely serve as AI middleware. And when I say the future I mean the next 24 months.

@josefabregab @nullpackets @chainlink The vast majority of capital in this space is in no way allocated based on an understanding of fundamentals applied @ scale buddy lmao

We keep going back to “trust". Why not share something as basic as quarterly financials? right now the situation is simple: > offchain revenue accounts for most of it, but isn’t disclosed > value accrues to CLL, not to $LINK > the bridge between the two is still a thesis and based on trust, not a mechanism we claim that the market doesn't understand LINK, but I'm starting to think investors do understand it and are pricing in lack of transparency, unclear value accrual, and thus higher risk

Day 3 in the quest for an answer on @chainlink’s: - value distribution - lack of transparency - inorganic sell pressure Responses from top $LINK marines: 1. Lack of transparency is for our own good We should understand, not question. There’s a bigger plan and solid financials we’re not supposed to see. 2. Chainlink Labs captures the value. $LINK is just a service token. CLL generates hundreds of millions in revenue, but $LINK holders are not entitled to it. Today, the system works as follows: > Revenue accrues to CLL > Sell pressure hits $LINK > No direct value routing between the two CLL revenue ≠ network value accrual. Holders should be okay with it because: > big things are coming > more usage will drive demand 3. Transparency creates competition, and we don't want that. The Google analogy keeps coming up, but Google didn’t ask users to: > fund its growth > absorb sell pressure > speculate on future alignment If opacity is required to win, fine, but then let's make one thing clear: this is a company-first strategy, not a token-first one. 4. Staking caps are low by design. CLL is waiting for Clarity to make a single big splash. CLL is just waiting for the Clarity Act to drop and create a big moment. So the idea is: >Mechanisms for increased demand already exist > They could be deployed now > They're intentionally delayed for timing/impact That raises a simple question: If the system is ready to absorb supply and strengthen demand today… why should holders wait for a regulatory catalyst to unlock it? It's not looking great.

@Thatguy20244210 @uptownsaul Banks are building their own private chains and yes the goal is to put everything into a smart contract compatible format, which means tokenizing everything. You have no idea what you are talking about. XRPL is a ghostchain. No crypto bridge currency required in this workflow:

@DrakeLinked @uptownsaul The goal isn't to tokenize everything... All banks don't want all their money on chain. And chainlink CCIP doesn't have direct access to off chain Bank accounts holding fiat. Banks have to tokenize their deposits or swap stablecoins to then go through CCIP. Did you not know that?

How interesting to see Tom Z respectably bow out at SWIFT… definitely worth marinating on a little. Tom represented a certain perspective that dismissed XRP as “unserious” as a useful new monetary tool. That’s just bad analysis because it’s actually nothing short of revolutionary.

@Thatguy20244210 @uptownsaul The whole point is tokenizing everything even if the solution was XRPL you midwit. Chainlink is the protocol that communicates with off-chain systems, that is literally it's core reason for existing.

@DrakeLinked @uptownsaul Even from your own source "assuming all fiat based transactions are tokenized". Explain to me how CCIP makes a transaction from Bank A usd fiat Off chain to Bank B that wants yen fiat off chain.

@Thatguy20244210 @uptownsaul XRP doesn't solve anything which is why it has no adoption from any of these banks.

@DrakeLinked @uptownsaul The issue isn't on chain transactions. Banks want to keep their money off chain and then tokenize their deposits for cross border and then take their money off chain. Xrp solves the speed of that and the liquidity issue freeing up money.

@Thatguy20244210 @uptownsaul Nonense, with stablecoins and atomic DvP/PvP they don't need another bridge crypto currency. They have made it clear what path they are taking, that is why the regulations are paving the way for stablecoins.

@DrakeLinked @uptownsaul The new swift system will just be a slightly more efficient Nostro/Vostro. Once banks see what other swift customers have great success with Swift Partners they may make the switch to them, and possibly utilize ODL in the future if they choose to upgrade.

Mitsubishi chose Kinexys to improve cross-border payments? “I would look at interoperability across instruments, or across different monies, and across infrastructure, which is where Sergey’s team plays a very critical role.“ - @jpmorgan think $LINK

Pretty significant for the Asia institutional narrative for $LINK.

We told you but you didn’t listen. Built using Chainlink and Hyperledger Besu. $LINK ⛽️

@ChainLinkGod @chainlink

The momentum @Chainlink has seen in the D.C. and U.S. regulatory world as of late is pretty staggering 🤯 Joint SEC and CFTC interpretation confirming that $LINK is a digital commodity and not a security, providing clarity to institutions Two spot SEC-regulated $LINK ETFs listed on NYSE with ~$100M in inflows (~1.5% of circulating supply accumulated) and not a single day of outflows CFTC-regulated futures contracts launched on CME, bringing enhanced institutional access and capital-efficient exposure Former Chainlink Labs Deputy General Counsel (5+ years) officially appointed as Chief Counsel of the SEC's Crypto Task Force Sergey appointed to CFTC Innovation Advisory Committee (IAC) along with other leading crypto industry CEOs SEC issues interpretive guidance on broker-dealer & transfer agency compliance using public blockchain infra, based directly on conversations and meetings between Chainlink and the SEC Chainlink joins @DigitalChamber and @BlockchainAssn trade organizations that advocate for blockchain and digital assets in D.C. Sergey gave public remarks at the White House's first-ever Digital Asset Summit and shook hands during the signing of the GENIUS Act into law Chainlink prominently highlighted in the White House report issued by the President‘s Working Group on Digital Asset Markets Countless meetings between U.S. SEC, CFTC, Treasury, and various legislators and staff to advocate for crypto industry .... And now add on top of that Chainlink and @Anchorage have joined as founding members of the Blockchain Leadership Fund (crypto PAC) to support pro-innovation candidates, engage voters, and conduct independent advocacy Pretty insane past year and yet everyone thinks crypto is dead, they could not be more wrong, markets and fundamentals will snap back together like a rubber band once the outcomes of all this become clear

@MasonVersluis It is right under everyones noses

ISO20022 was a psyop, and I was unknowingly a part of it… until now. I still love ALL of the coins that were featured on the original graph. But it’s time we put the actual research and facts into the spotlight.

@JimmyBoonen @QuintenFrancois You need to start with first principles and work your way back

@QuintenFrancois What does $LINK do that no other project can do or ever can do?

The world doesn’t realize $LINK will tokenize every real world asset

@Dale21M @Cointelegraph Not really no

@DrakeLinked @Cointelegraph probably XRP hey

🔥 HUGE: Australia's $105B pension fund Hostplus explores offering Bitcoin and crypto to members with launch possible next fiscal year, per Bloomberg.

@weswinder @___4o____ @pmarca Crypto vs AI is not a binary proposition. Most people have a false mental model of how this will all unfold. x.com/DrakeLinked/st…

@___4o____ @pmarca the core issue with crypto is the very thing that makes it valuable there's a reason banks became a thing. because people didn't trust themselves to store their gold normal people just can't use crypto properly because they will lose it or get it stolen. nothing changes

.@pmarca deleted 99% of his tweets about web3/crypto from before 2024. Stop looking at the dot com bubble and start looking at zirp/crypto cycle if you want to understand how AI will play out.

@nullpackets These people think they are posting alpha but don't comprehend how those two worlds will intersect and need everything to be binary. If you really had insight you would find the cross-section of both 🤔

retardmaxxing we like receipts

@Dale21M @Cointelegraph The institutions are coming to tokenize everything, they are not doing it over BTC rails.

@Cointelegraph The CIO is absolutely clueless about bitcoin and has famously dismissed it, or otherwise said that the best way to invest is via VC investments into crypto/blockchain companies. In other words, highly retarded. Get a SMSF and self-custody bitcoin for the win!

Every spot crypto ETF in US history has bled capital within weeks of launch. $BTC made it 7 trading days. $ETH lasted 1. $LINK ETFs just crossed 75+ trading days with zero outflows. Not reduced outflows. Zero. The market is telling you something if you're paying attention.

Onchain revenue $₿Ξ → Chainlink Payment Abstraction → LINK → Chainlink Reserve Offchain revenue $€¥ → Chainlink Payment Abstraction → LINK → Chainlink Reserve

@nullpackets >they need the gov to enforce their libertarian vision of demand for their gas memecoin

Everyone point and laugh $LINK