Ah yes, because alts lead the market and btc follows... The only reason BTC had a bull market was because of Treasury companies. Most alts didn't even have a bull mkt and they sure aren't the reason BTC is underperforming.
Reason why bitcoin had a lousy 2025 bull, decoupled from gold & equities, is in bear now ... is the complete implosion of altcoins IMO. Take ETH for example: -70% from its 2021 top and almost back to its 2017 top 📉IMO shitcoins are done, lesson learned, expensive but worth it.
@ChainlinkLoad@ChainLinkGod Investment doesn't count as expense, so it doesn't directly affect profit. Buying reserves reduces the company's cash flows. Lower cash, higher intangible assets in this case. I have my gripes about the reserve, but it doesn't lower profits unless they take a loss on it.
@CryptoGirlNova Crypto has failed on making positive tangible impact on people's lives. Networks no one uses. Tokens that do nothing with claims on nothing. Praying for tradfi adoption to give it legitimacy.
@gavinlowther But Bitcoin's utility is poor. Just ordinals alone made the network effectively unusable. It needs to scale by a lot to actually have any use.
Chainlink relies on CLL for dev, but once a service is deployed, smart contracts handle themselves. Infinitely more relevant than btc.
Argument FOR the Chainlink Reserve: if a loss/hack was to occur due to vulns in the code, CLL would be liable. This underlies every DON. CLL is the implicit staker and they better have the funds if the time ever comes.
That said, wen staking for everyone else?
What I wanna know is who their nops are? It would explain a lot. If nops are institutions & their affiliates, then no need to use the token or have stakers. They handle it amongst themselves. A red flag in terms of decentralization & transparency, but it is what it is I guess.
8/ The honest question I want an answer to: when DTCC, Swift, Fidelity, UBS pay for Chainlink services, where does that revenue actually go?
Not on-chain. Not through Payment Abstraction. Into a Labs Inc bank account. No technical or governance mechanism forces otherwise.
@InfiniteNabas I have no problems with CLL making money. They should make money. All I want is for full-fledged staking to be implemented so that everyone eats.
Today we announced progress toward our goal of advancing 24/7 collateral mobility. DTCC’s Collateral AppChain, a shared infrastructure platform for collateral, will leverage the Chainlink Runtime Environment (CRE) and @chainlink data standard to enable near real-time collateral management across financial markets and blockchains.
The integration will enable the seamless pairing of asset prices, valuations, and movement, with the aim of overhauling how market risk is managed globally and unlock greater capital efficiency.
This milestone reflects our broader vision to enable 24/7, near real-time collateral management across the global financial system.
Read the full announcement: https://t.co/ELVio44scA
After an extensive security review, leading reinsurance protocol @re ($475M+ TVL) is decommissioning its legacy bridging solution & migrating to Chainlink CCIP.
As Re’s exclusive cross-chain infra, CCIP is unlocking secure reUSD distribution across all chains.
DeFi will win.