This is one of the biggest happenings in crypto so far even without LINK.
Yet Chainlink has had no attention or reaction from this. Why? Does nobody know about it or it is intentionally not being reported? Does nobody see the implications of this? Tezos is pumping a lot because of staking, 90% of the tokens are being staked right now. Imagine when Link announces staking is live when it's already a foundation of BSN.
All I can say is congratulations. We fudded this shit into obscurity for so long that it's actually worked.
I noticed a pattern with people in crypto. First, they barely understood the POW or currency part of Crypto. Just as they were getting itand buying Nano on mass, smart contracts were the actual moon. Then crypto normies finally understood smart contracts better, and started buying the smart contract platforms (currently here). Meanwhile staking was the new thing already. Now they are finally chimping out over staking projects (see Tezos).
meanwhile, the Oracle side and the area chainlink aims to address still obscure and they haven't moved onto it yet, still barely understanding the implications of smart contracts.
This explains to me the lack of hype for such projects. They only really got into chainlink because it pumped, and normies follow a pump.they don't really understand it or its implications yet even if they are aware of it existing due to the large pump last year. This is why it is so easy to FUD on reddit still but not on here anymore.
Caleb Butler
>on mass nice double dubs, though
Jayden Nguyen
nice virginity
Cameron Lopez
Sell the news...
David Smith
It doesn't help your case to spell like a pajeet. I want LINK to moon, too
Lucas Cook
These sideways are making me insane. I would understand if link pumped or even dumped because of sell the news meme. But it didn't do shit, just crabbing forever
Aiden Jenkins
Dont get it either. I noticed a lack of crypto "journalists" reporting this too. Normies are simply not being made aware of it.
Logan Ortiz
delete this thread...RIGHT NOW
Henry Lewis
Even biz doesnt get it
Chase Hill
Old news. Priced in.
Brandon Powell
pretty accurate a friend purchased eth when it was cheap and when i asked him why it was because he saw it being accepted as payment along btc and ltc, to this day he doesnt even know the basics of a smart contract
Luke Edwards
Chainlink will lead the charge and be the standard; it's first mover, has the most established reputation, and the best economics to promote a decentralized oracle network.
But I suspect that when oracle's become hot it's going to be the nonames that will make legendary profits
Liam Scott
>China approved blockchain Lol Chainlink is now confirmed dead
Exactly. And i think crypto normies (these are not real normies, as real normies don't even get smart contracts yet) have only just come to a fuller understanding of smart contracts over the past 2 years. Staking which is a level above that is kind of hot now and a few are getting in there which is why Tezos is pumping.
Oracles are definitely obscure and i don't think true normies will ever get that far, they will only be attracted by the singularity itself. Crypto normies will likely be all about oracles projects after it clears 100$ or something.
I'm convinced that is why Link doesn't do anything reacting to this news. Oracles are too high level of a concept atm for crypto normies to see the implications and understand the big picture and underlying fundamentals, so they dont really know how to react to it or even notice it(it doesn't get picked up on by crypto normie journalists).
additionally, the ones holding Link or aware of it are super easy to FUD both due to this very low level understanding of the project and its implications, and also the 2 year long Biz Fud campaign of misinformation. They only hold and know it due to a big pump. It could literally be a Shoetoken and they would act the same if it pumped the same.
Landon Perry
how much adderall have you taken this morning?
Chase Jackson
no one fuckin knows m8, this would have taken us to $100 in 2017
Liam Martin
In english, Doc.
Luis Howard
I consider myself pretty smart and can probably understand smart contracts better than 90% of this board but when I imagine having to explain them to someone like Sergey it keeps things in perspective in that I realize I’m actually probably pretty ignorant.
Zachary Brown
chainlink is literally partnered with china yet we are crabbing
Jeremiah Campbell
Thanks. That's good news. I wouldn't bet against China.
Anthony Green
It's because the implications of it all are not very... physical. Or tangible. We don't have a relatable example yet. In fact, even those of us who understand it on a philosophical level are only that far. Even Sergey himself doens't exactly know what will manifest in 15 years from this. He just knows the implications of it and how important it is. The guy who invented TCP/IP did not envision smartphones allowing Zoom classes for schools for free, or something like amazon. but he certainly understood the implications and potentials of the technology, just not so tangible like that.
Same for cell phones. they were expensive and awkward and niche at first. people investing in them didn't envision 5g or 4g and smartphones back then, but they know the potential.
Oracles and smart contracts are like that. Difficult to shill in that aspect or even to tangible put to words. It is definitely a very good skill to be able to do it.
Austin Powell
it went up over 2000% in 2 years. what more do you faggots want?
Lincoln Stewart
more because only now do I have money to invest
Kevin Gonzalez
I for one am excited - if link is in on the ground of BSN - it is destined for global domination for sure. imagine link become as big & influential as tencent - it'll be chaos cause of all the memes
OP, I just saw this article and came to post but saw your thread.
This is nuts. I didn't know the China "national" blockchain was actually a global platform play.
This shit could replace the US-controlled financial system. And I thought to myself... There's no way they build it without inventing link or using link. And moving fast as fuck to rush this out before any other country, they are probably going to use open source tools when possible instead of reinventing the wheel with all the delays and problems that come with that, like how the CDC tried inventing its own wuflu tests and how that delayed the US response to let everyone get infected.
This is insane.
Jaxon Hall
take your meds, seriously
Elijah Powell
>This shit could replace the US-controlled financial system there's no reason it shouldn't interface with SWIFT though through gpi link, just because china wants to dominate doesn't mean they won't do business with martkets that aren't on their payments network, and if they can enact their preferred financial/monetary governance framework and still play ball with those on SWIFT, i don't see why they wouldn't, the west will only switch to their system if it is both a trusted and cheap system
still incredibly bulish for chainlink though
Levi Morales
If anything, Link makes that integration extremely easy. trivial if anything. They cant really stop swift from doing so or anything using their network from doing so on a case by case basis
Liam Nelson
couldn't have said it any better, chainlink is about connecting disparate systems, after all
