@TheLinkPanda No. Even in the most moon boy dream scenario where everything finally comes together for LINK and it hits $1,000… is $1M really making it? You wouldn’t take any profits from here to there?
@ChainLinkGod@uCeLiNk@Deloitte YES! Other unrelated entities who have their financial statements audited will need the SOC 2 report in order to use CCIP.
@TheLinkPanda Yeah, oil is used in a lot of things. I understand where you’re going with the analogy and appreciate it, I just don’t think there actually was a massive price spike in gasoline when the engine was invented. Prove me wrong :)
@josefabregab@BrainsyEth@chainlink My understanding is the only thing that the current version of staking secures is the ETH/USD price feed and that a different staking set up would be needed for all the different feeds and CL services. I could be wrong (I’m not very technical). Anyways, great series of posts.
@arcamids Be careful. I read the company’s public available financial statements. They’re insolvent and have going concern disclosure. The $LINK treasury route seems like a desperate last ditch effort to pump the stock.
@nicucrypto Thanks for your years of service as a marine 🫡, but you never have or had to be a maxi for 1 asset. Nothing changed on $LINK investment thesis, it’s a speculative bet that isn’t guaranteed to accrue value to the token. If it hits, it’s going to hit. If it doesn’t, it wont.
@bob4punk@ChainlinkP@ModernSociety33 Yes. Most of us have a PHd understanding of the Chainlink protocol, but very little understanding of the $LINK token. I have no idea what total revenues and expenses are, or how the weekly buy backs are funded except for the generic “on chain and off chain revenues line.”