The majority of international interbank messages use the SWIFT network. As of 2015, SWIFT linked more than 11,000 financial institutions in more than 200 countries and territories, who were exchanging an average of over 15 million messages per day (compared to an average of 2.4 million daily messages in 1995)
Chainlink already has a working prototype to bring the blockchain for their use. This means when SWIFT implements chainlink as middleware, 11000+ banks become paying customers for LINK. This means lambo's you retards. Many many lambo's. Market cap in the billions!!
Literally every smartcontract platform shitcoin would moon along with it.
Nathaniel Watson
BRB making a SWIFT ICO
Isaiah Rodriguez
I know about SWIFT. I really, REALLY doubt TWO faggots who couldn't even talk to people during the ICO, a rather odd ICO where they already had sold more than they said they would, will be able to replace SWIFT.
ALSO... if the banks wanted to replace SWIFT, why in the flying FUCK would they use BTC, LINK, or ANY (publicly traded) cryptocoin whatsoever? they could simply use the technology privately, between themselves. there is not even a need to use the same tech, just a similar, proprietary tech...
the moment, Chainlink gets fully implemented with SWIFT, smart contract have actual use in banking and a whole slew of applications and not just for ICOs.
Hunter Young
What does this mean?
Eli Richardson
>replace SWIFT You what?
Brayden Morgan
LINKmarines will be remember as the biggest bag holders of the history of altcoins.
Screen cap this.
Asher Foster
You don't know what the FUCK you are talking about, why don't you go educate yourself before making rebuttals.
They don't "use" the LINK token, they use the Chain Link technology, the LINK token is to sustain the decentralized nature of the network as reparations for sharing of data.
Luke Green
Flash news, SWIFT develops their own tech, give a fuck about link coin.
Price goes to zero?
Mason Robinson
Banks want to replace SWIFT?
Retard confirmed.
Chainlink works with the legacy systems like SWIFT and old school banks. It doesn't try to outcompete or replace them. Idiot. Fucking read.
Ryan King
>what is ripple
this
Jason Martinez
> This means when SWIFT implements chainlink as middleware
There's no way that they are going to do this. This will literally never happen.
Fucking hell how delusional are you people.
> 2 autists have working prototype > ????? > Gets implemented for 11,000+ banks
Christ
Hudson Torres
Lel why not?
Connor Barnes
They patented the idea right?... Right?
xD sell now or never
Justin Diaz
Dude almost every technological innovation was fucking autistic fucks
Asher Rodriguez
>This means when SWIFT implements chainlink as middleware = replace SWIFT.
it prolly means LINK is a prototype of their proprietary technology
OK, and how does this affect LINK itself? why should I buy some random shitcoin just because they are testing some tech with their shitcoin?
oh, and btw... have you fags not noticed the big amount of LINK shilling lately in this board? I get it, shilling = marketing = money, but.. seriously, you don't think this is a big campaign by these people?
Adam Torres
Is this another shareblue shillathon? Enquiring minds want to know. Seriously though, nobody gives a fuck about Veeky Forums, get real.
Austin Perry
there are 1000+ cryptocoins there are lots of autistic fucks, enough to make a better SWIFT... but the banks won't make that public.
Joseph Parker
how embarrassing
Wyatt Nguyen
The real tsunami is coming. Prep your anus fags, this shit is going 10x by end of October.
Austin Gonzalez
Last I checked ripple wasn't implemented in shit and still made over 50x gains already. It's okay. You can be one of those guys that passed up on bitcoin in the early days because "gtfo you guys are nerds"
Jack James
This guy got it right.
If they wanted to implemented it, you think the banks wouldn't just create a working group to get their own friends to implement is for $x million and claim it as their own innovation?
Hunter Walker
Right, and I think there's little reason to hold Link aside from just enriching the two devs at Smartcontract and selling downwards to future bag holders.
Ian Jones
This has nothing to do with making a better SWIFT. Chainlink is just middleware than can interact with their current systems. The simple fact that their team is working with SWIFT is a great fucking sign. If you get skittish before the conference, sell then. but that's the earliest. I know some of you FUDders think you're so brilliant by not buying this but you're truly morons for not at least riding the hype.
Hunter Perry
what's the point of every altcoin, and even bitcoin, if not to speculate on them? do you really believe btc (as btc itself, not as a technology... tech which, btw, still has some obvious limitations and risks) will ever replace fiat currency?
who said I won't be buying? idgaf about your shitcoin, I only care about the profits. but I also don't believe these fairy tales about this or that cryptocoin changing the world as we know it. at most, we are alphatesters of this tech, and this cryptocoin stuff won't last long, at least not in its current form
Adrian Johnson
It speaks volumes when it's doing this well in the current bear market on Etherdelta of all places.This shit is going to MOON HARD on a proper exchange. This is the next OmiseGO bois.
