Let's assume SWIFT uses link

Let's go out on a limb and say SWIFT uses link

Eventually let's say 10% of the money SWIFT moves around on a daily basis is moved through smart contracts on chainlink network

Then let's the value of the network is equal to roughly 10% of the value being pushed around using chainlink

That prices chainlink at 50 dollars with 1 billion circulating supply.

Both those numbers could surpass 10%, the second one especially

Thats just SWIFT as well. That doesnt include any insurance companies or law firms

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What even is swift desu

Just 1% of the derivatives market would be insane

break this down for us anpm.

ELI5 reddit

People will be blown away. We all know that staked tokens do not count as circulating supply, most owners of link enterprise or otherwise will be staking their link. I think its fair to say less than 100 million link will be in active circulation, add in the crazy list of orgs using it for their smartcontract/dlt catalogs, and the additional fact that some of those orgs are competing, and will at a certain point be in a cold war that will result in them stockpiling link for additional access to the network. They will have no problem paying 1k or even 10k per link. That might sound crazy, but when you consider that a high priced link means a much lower amount needed as collateral, in equitable fiat terms. This means they will be able to handle a much high fiat value bandwith in terms of executing a higher volume of BIG $ smartcontracts. More executions of these enterprise smartcontracts for the f5000, the more money they make. So when stinks talk about a price singularity, they fucking mean it.

that's not how chainlink works...
also eth could not handle 10% of Swifts daily transactions. and as far as I'm aware chainlink contributes nothing to the development of plasma so that isn't even a concern to them

Swift will use link.

> It has some impressive partners, including the Swift global payments organisation.

artificiallawyer.com/2018/09/03/chainlink-solving-the-smart-contract-fiat-money-problem/

trip 6's return, any1 got the "link is biz pizzagate" trip 6 cap?

ETH handled 10% of SWIFTs daily transactions in January

>drool over my eli5 make believe bs with no knowledge of any of the technical details thread vol.589

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