/biz/ - Business & Finance

I can't believe someone from the livestream chat asked about the coffee standard and Patrick confirmed it. I've held Link since ICO and I just sold it all. It's unironically over.
For those who don't know, Patrick is an engineer at Chainlink. Streamed a node setup with GCP demo at the Baseline conference this morning with John Wolpert and somebody from Google. John brought up a question from chat about the "fake" coffee standard (Chainlink is intended to be pegged to the price of a cup of coffee) and when John read out "Hey Patrick, someone in chat thinks the coffee standard is fake, do you want to speak on that?" They both started laughing. Patrick went on to explain that for Chainlink to work as intended the price shouldn't be over $4.50 USD and they expect it to adjust back down within a couple of weeks (as it's been designed to do). If you think I'm lying you can go to the stream yourself, it was about 35 minutes into Patrick's presentation.