Are we excited yet?

I've ignored a mod, not here, because I really think that they are a knob.

Worth the risk vs having their crappy comments

Sure, and companies can just replicate or make their own. Or just use centralised systems which can be just as fast and scalable. It's just nicer if crypto projects are effectively giving them a money tap for endless pilot schemes.

If you were VISA would you have any issue with these cash rich crypto companies desperate for "partnerships"? Of course not.

Have a look yourself

Hasn't changed much since 2017, just more "partners". Smart company.

Blockchain and DL tech has some use. Where I work, they did a large study and whitepaper on it, the whole 9 yards. But that's completely separate from this scheme of companies creating and selling "blockchain fuel" on the secondary market, to investors, which becomes their main (and often only) revenue stream

I've no real issue with that, but as long as people recognise it for what it is.

When we throw money at e.g. FET.AI, we're just throwing money at a bunch of people in an office to fiddle endlessly with the tech, create platforms for solutions to problems that don't exist, sell it to virtually no one and pay for "collaborations". All we're doing is playing the same gambling/speculation game everyone else is doing.

xrp has a theoretical tps of 3400, its current tps is 500-700, it’s too slow. Sol is already running at a higher tps than its max theoretical tps.

Apart from the general rise I see that some alts are "pumping", always a sign that people are hunting for promising alts that haven't jumped much yet.

So far, the initial jump, followed by a dip, followed by a quick retrace like this all seems similar to the previous 3 bulls. Will be curious to see if we go above the peak from the first jump (we're roughly about 7% or 8% off it now across the whole market)

The thing xrp has going for it though, is that it's vastly artificially undervalued and it has a lot of ground work laid already. And yes I am an xrp holder 😂

edit..

Made 18% on Sidus since buying along with Gala these are long term holds for me.

Regulators already gauge their %, similar to stocks and what not. 99% of crypto projects are scams, useless trash, meme coins (aka ponzi schemes) or already good ideas that already have another crypto that does it better. I totally agree with you on that point.

It's the 1% that's of interest to me personally and where I invest. Crypto is here and it is here to stay, it just depends in what form.

Market didn’t even flinch, Sec have cried wolf so many times now that nobody pays any attention to them. Larry F earlier commented that even if eth was declared a security it would be business as usual with an eth etf.

SBF gets 25 years!

strangely enough I don’t actually think he set out to scam people, seems to me to be more incompetency than master villain, not that it’s any defense of losing peoples money but didn’t it turn out that everyone will be made whole on the dollar amount lost?

Yeah he didn't mean to take billions of peoples money from one place and put it in a completely different place

He took a gamble and lost

I kind of thought the same, he seemed to have done ok for a while with the arbitrage trading (in an Asian exchange I think) and I think that gave him a sense of arrogance/smartest person in the room. I can see the start of the decline being a combination of that arrogance and cluelessness, but it then went into full scam mode.

Took delivery of some space age polymer material from the laboratory's of NASA with 100X the properties of tin foil and fashioned a hat from it and got to thinking and am now 100% convinced that BTC is nothing but a distraction while the real crypto play is going on in full public view.

The DTCC is moving the settlement of US securities from two business days after the trade date (T+2) to one business day after the trade date (T+1)

https://www.dtcc.com/dtcc-connection/articles/2023/march/22/accelerating-to-t1-industry-readiness

They are aiming for T-0 in the future, instant settlement. All on chain powered by Chainlink

If that did not convince you that big moves are afoot consider the following

Citi bank have a hand full of people working on BTC and hundreds on Chainlink 😏

Blackrock don't own a single BTC, they just facilitate the purchase of BTC for clients, but Blackrock are going all in on RWA that will require Chainlink.

With the way the world is going, nations/industries are not going to all use one blockchain that can be controlled by USA/China/EU, remember the sanctions and confiscation of Russian assets in the west, why would anyone risk that with blockchain when they can run their own Blockchain and use Chainlink to connect to the others in different jurisdictions and not have to worry about falling foul to foreign government sanctions.

So prediction time, so short term retail and institutional money will continue to buy BTC , medium term institutional money will exit BTC and flow into LINK and long term the arse will fall out of BTC leaving retail holding the bag and LINK gobbles up everything.

Screencap and remember boards very own oracle.

Already used by Circle and Paxos, I believe Chainlink is used to verify stable coins are backed 1to1 with a real Dollar.

Anyway here is something to ponder, the future monetary system has already been decided, USA/CHINA/EU/BRICS all onboard we are just going through the motions before it rolls out world wide.

Check out this man, in a nut shell the money behind Facebook , Baidu and Tencent and Circle USD

I'm guessing the system they have in China with Baidu as the all in app for messaging and payments is the plan for the rest of the world, This Breyer bloke is connected big time in USA and China, check out his wife's family. Wife's sister is married to U.S. senator Mitch McConnell, the Wifes father is CCP hierarchy, even been awarded honours from the party. Remember you don't become a Billionaire in China if you are not a party member.

https://www.nytimes.com/2019/06/02/us/politics/transportation-secretary-elaine-chao.html

Breyer was ordered recently to slow down his business in China, a few weeks later his Wife dies in strange circumstances, was it a hit? Did China do it for slowing down or USA for not slowing down?

The precedent of confiscating Russia assets in the west will prevent them all from using the one system, to much risk of falling out and confiscation, so each economic region will run it own blockchain and Chainlink with CCIP will be used to transfer between each blockchain.

Similar will happen in the business world, they will want to control the blockchain they operate on to prevent a 51% attack, this is where Hyperledger and Corda will provide Blockchains to companies that they will each control and use Chainlink CCIP to transfer to each other.

If you ain't on the Chainlink train by now I don't know what more you need to convince you.