1/Value of networks and protocols scales really different. Payment coins don't scale well in value. It doesn't add much value if 'just another' exchange or merchants list it. Smart Contract platforms like ETH scale better but still not well. For any exchange, merchant AND dApp,
2/value increases, but still only a bit. Ethereum doesn't make a difference between a contract executing 10$ worth of assets and a contract with 100,000,000$ being executed. The execution itself by Ether still costs just a few cents. You can tokenize a trillion-dollar worth of
3/real estate on Ethereum and the market cap still doesn't increase much. So what does scale better, with the actual underlying value/managed assets by the contracts? It's Chainlink. The token economics of Chainlink is the best scaling value capturing protocol I've seen so far.
4/It scales directly with the underlying value of managed/executed assets in smart contracts. The companies won't pay thousands of dollars for executing their Ethereum smart contract alone, but they pay thousands of dollars instead for the input
5/of smart contracts. Sounds expensive to you? No, it's cheaper. Companies right now pay hundreds of thousands to millions of dollars every year for data, management, and lawyers. People seem to forget that Smart Contracts help here and actually reduce overhead in payment.
6/But the cost these companies cut, won't be captured by Ethereum, nor Ethereums dApps, it's getting captured by Chainlink because it's the only one that brings in the valuable data in a way that is almost as safe as the network consensus of ETH itself, or better say:
7/Economically unviable enough to attack the data input (Chainlink) once it's more mature. The time of payment coins is over. The time of smart contract platforms started in 2014. The time for the best value capture scaling protocol started in 2017 with Chainlink. People who
8/ understand this have been buying Chainlink up to it's level where it is right now. This did not happen cause of retail money. Buy #Chainlink
...and yes, right now, ETH is number one collateral/payment option for Ethereum dApps. But this can change rather quickly. It's gonna be easily possible to have your collateral or payment for any ETH dApps executed with Fiat money, USDC, stocks or even paypal. How? Chainlink.
So even this value capture of Ethereum will decrease over time. The marketshare as number one collateral/payment option of Ethereum will decrease.
