Bubbafox Profile picture
Sep 27 4 tweets 3 min read
$link A short 🧵:
The market hasn't worked out where the long term value capture is. The oracle problem is worth more than all of crypto combined😲

#web3 #defi #crypto #cryptocurrency
#link #btc #eth
>Blockchain = Computer
>Blockchain + Oracles = Computer + Internet
>Blockchain + Oracles + DECO (CL component) = Computer + Internet + TLS/SSL

$link is Layer 0 (see CCIP), the blockchain of blockchains without a blockchain.
Abstraction layer that will be used by everyone, in the end crypto = the "Chainlink Cloud" and everything else will be plug-in's and adapters to said cloud. $link building the worlds first trust network which is an extension layer to the entire Internet.
It is also a winner takes all layer - attempting to replace/compete with Chainlink will be the equivalent of trying to spin up a second competing set of Internet protocols.

Most will write this off as $XRP-tier schizo, but ignoring this post will haunt them. Few.-Anon

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More from @bob4punk

Sep 26
$link All of these fucking Twitter charlatans with names like
"CryptoBoy" and all this other Dumb shit, BTC maximalists who
just say "If it's useful it will just get added to Bitcoin"
like they
haven't even gotten their heads around the fact that 10,000
developers are building dApps on $ETH and 20 Boomers are
trying to scale Bitcoin. ETH maximalists who are excited about
"More TPS!"
$link
without asking the absolutely basic fucking
question of WHY is TPS even important if all you're doing is
shuffling shitcoins around and your smart contracts can't
communicate externally. NONE OF THEM GET IT. None of this works without $link.
Read 4 tweets
Sep 20
$link Most won't take the time 2 read this
For those that do, enjoy
A while back there was a clip that circulated where a $btc maximalist said something to the effect of "if someone were to solve the oracle problem, it would be worth more than all of crypto"
#Crypto
#web3
#btc Image
He then went on to give the standard counterargument that Sybil attacks fundamentally prevent resolution of the oracle problem.
He was almost right
Here's the reality: in isolation without external factors this is correct. Image
Put differently: if all of crypto was created de-novo and no data/api providers existed before the advent of chainlink, there would exist an equilibrium at which sybill attacks would be more profitable than delivering quality data or outputs. Image
Read 21 tweets

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