/biz/ - Business & Finance

>>55999171

Define institutions you mouth breathing advertising scum

based stealth camping kings are camping in places you wouldn't believe

>>55999171
The chart, cucky. Look at it.

>>55999181

>>55999171
INSTUTOOOOSHINSSSSS

>>55999217
That's not a definition and it funnily enough shows that swift is just an organization

>>55999276
Not sure what you're even trying to imply.

>>55999291
That you are an advertising piece if crap that needs to be burnt alive

>>55999276
>swift is just an organization
Yeah, an organization of 11,000 institutions lol

>>55999294
k

>>55999303
Define institution marketing cancer

>>55999310
Ask Swift, they used that word.

>>55999320
Yeah for marketing, they are liars, that likely wish to be an institution but never will be because it takes a real institution the stroke of a pen to end their organization

>>55999331
Holy schizoid

You can look up the 11,000 Swift members yourself, most of them are banks. Do banks count as institutions?

>>55999340
Swift is a banking cooperative, an organization and it tastes a real institution the stroke of a pen to end their banking cooperative

>>55999351
>Swift is a banking cooperative
Yes, and banks are institutions.

This is less about blockchain and more about tokenizing and commodifying literally everything on earth. The WEF have talked about tokenizing the natural processes of the earth like soil erosion to be traded in the carbon markets.

>>55999331
>they are liars
Not everyone is out to get you. Stop browsing pol you schizophrenic retard

>>55999391
>This is less about blockchain and more about tokenizing
Tokenizing on blockchains.

>>55999400
They are liars. Like every loser organization that tries to marketing itself as something it isn't
Now define institution or leave marketing cancer. Go advertise your crapto shit somewhere else

>>55999434
What are they even lying about here?

>>55999434
not an argument. how many cigars will you roll when you make it?
https://youtu.be/_a_LWfhel_c

>>55999469
>>55999472
So you are unable to define the term you run around with to advertise your crap
Typical marketing cancer, there is not a single one of you that doesn't deserves to be fired

>>55999498
not an argument, does not compute sorry!

>>55999504
It's an argument. It shows that you are just worthless parroting advertising cancer and nothing you say has any value

>>55999498
>the term you run around with
*the term swift runs around with.

Is swift lying about banks being financial institutions?

>>55999516
I dont see any arguments, sorry!

>>55999526
Yeah because you are an idiot and should not have the right to talk publicly spreading your brain rot

>>55999534
No arguments here, sorry!

>>55999523
They are not. They are no institutions. They wish they were, but they are not. It's a marketing term that identifies advertising scum that uses it in the context

>>55999543
Not an argument. This video dismisses your case https://youtu.be/Xy-61o-1AgQ

>>55999543
>banks are not financial institutions!

Pffffhahahaha

>debate my chatbot
lol no thanks id rather watch cigar rolling videos

>>55999605
based

11 pbtid of completely nonsensical semantics.

Fuddies are literally losing their minds over this.

>>55999276
>swift is just an organization
>literal definition of institution: a society or organization founded for a religious, educational, social, or similar purpose.
"a certificate from a professional institution
>or organization
>or organization
>or organization

I know you’re just disingenuous trash but there you go, officially BTFO just for fun.

>>55999700
I don't even understand what they're supposed to be fudding.
Institutional adoption is great for the entire crypto industry, and this specific Swift initiative even includes multiple blockchains: Ethereum, Avalanche, and Quorum; with unlimited other chains to be added in the future.

>inb4 "crypto isn't an industry" semantics

>>55999175
>>55999217
>>55999171
so all im seeing is"going to" "starting"
still five years off and better to buy dog coins then this shit

>>55999753
Big fat cope right here.

>>55999743
you will make more money holding AVAX then holding link. The token that holds all of this together. Let that sink in

>>55999764
This is good for the entire industry, all my holds will benefit even if just from the rising tide.

>>55999743
Crypto isn't an industry semantics.
Oh, damn you beat me to it.

>>55999774
nigger the industry is a meme. No one builds anything worth something. The ones that do pull all their shitcoins into aave and leverage up to the tits putting the whole industry at risk

>>55999806
>No one builds anything worth something.
That's not what Swift and 97% of institutional investors say.
Even if only a few cryptos prove actually useful in this context, the industry is so interconnected that it tends to create a rising tide that lifts all boats.

What the fuck are you even trying to cope with, are you short on all of crypto or something?

>>55999171
>We've shown

You mean they are not adopting DEFI or Chainlink.

>>55999736
No. That sounds like a definition for idiots, let me guess an online encyclopedia came up with that bullshit pleb definition. Guess the same source defines right wing as something with authoritarian, no
An institution is a set of organization that have the power to define norms, rules and frames of their environment, in the case of shits, that would be the imf, the respective financial Ministery of the banks. Swift is not an institution. It wishes to be, but is only a run off the mill organization

>>55999838
You're gonna have to explain your reasoning here.

>>55999842
>ESL reply
Cool story, bye now.

>>55999825
>That's not what Swift and 97% of institutional investors say.
1.they are in the beginning stages of starting the paper work to start another ten trials.
2. Do you want to bag hold this piece of shit one more cycle then buy something that actually performs.
3. $6

>>55999895
Is that your defense. Okay. Keep getting your information from kikepedia and online dictionary. Swift is not an institution and everyone running around calling random banks and funds institutions idntifies himself as a mouth breather and drooling retarda

>>55999901
>1.they are in the beginning stages of starting the paper work to start another ten trials.
see >>55999763

>>55999938
>checks CCIP explorer
>wo transactions over a months long period
nothing personal kid
also $6

>>55999973
>also $6
You keep focusing on Chainlink, is there something you would like to tell us?

>>55999983
yes. You will make more money buying meme shit then bag holding for sergeys dreams

>>56000018
>Spend money on any crapto
Lol

>>56000018
Link is among my smallest crypto holds, you seem to be projecting hard.

>>56000030
i think you retards say shit sometimes just because you saw other retards using those words on here. What am i projecting?

>>56000049
>What am i projecting?
Massive ownership of Link tokens.

>>55999743
>Banks are going to want to trade AVAX through SWIFT because they just will okay
Can't believe LINK is tying their horse to a double spending Turkish ICP knockoff.

>>56000140
I post good news for all of crypto, and all you faggots can do is fud the specific projects involved.
This is why you're poor.

>>55999171
>ANZ
>Total assets (2022): A$1.09 trillion

>BNP Paribas
>Total assets (2022): €2.67 trillion

>BNY Mellon
>It is the world's largest custodian bank and securities services company, with $1.8 trillion in assets under management and $44.3 trillion in assets under custody at the end of 2022 fiscal

>Citi
>In 2020 it was one of the largest securities services providers, having over $2.36 trillion in assets under custody

>Clearstream
>Clearstream, a post-trade services provider owned by the Deutsche Börse Group, recorded a total of €16 trillion in assets under custody (AUC) in June 2022

>Euroclear
>Assets under custody grew by 15% to reach EUR 37.6 trillion at year end (2022)

>Lloyds Banking Group
>Total assets (2022): £877.8 billion

>SIX Group
>The market capitalization of all companies listed at SIX Swiss Exchange amounted in 2018 to 1.6 trillion Swiss francs, making it one of the top exchanges in the world by capitalization

>DTCC
>In 2011, DTCC settled the vast majority of securities transactions in the United States and close to $1.7 quadrillion in value worldwide, making it by far the highest financial value processor in the world

LINK reached its all time high price of $50 just from price feeds alone, when DeFi total market was worth $170 billion (now it's $37 billion)

Now we got trillions of dollars eagerly waiting to use CCIP
This is it, what we were waiting for all these years
We won

>>56000225
Sergey said that Swift takes a lot of time for tests, but once they are done they move quickly to adopt.
The Swift result came sooner than expected.

We have been waiting for Chainlink to get to the 3rd rank because of all the suppression, but what if it overshot it and did a flippening once the adoption was real and impossible to suppress?

>>56000376
>The Swift result came sooner than expected.
in what way is this possibly true?
we've been waiting an eternity

can jannies do something about shitlink threads evading filters? holy fuck, how much are they paying you to shill this shit endlessly here
fuck off

>>55999276
The fud has gone to retard levels I've never seen. Holy shit, do better nigger.

>>56000432
This project is also about Ethereum and Avalanche, and indeed the entire blockchain industry, see >>55999743

>>56000396
They said they would have results until the year's end.
I expected a Sergey "betrayal" move to either get the results in December or delayed.

This is a lot sooner than expected based on past performance and delays.
We may get something big like an initial adoption as soon as this month.

>>56000396
Your perception of time is totally cooked from overstimulation, zoomer.

>>56000396
This was announced in June.

>>55999171
>unpaid Chainlink FUD team are now scrambling to find ways to FUD Chainlink
>SWIFT is like, just an organisation, man

hahahahahaha not pumping your bags

>>56000559
Nolinkies would rather nuke all of crypto than allow Link to prosper.
Which is literally what they’re doing with the Bitcoin suppression.

>>55999171
Daily reminder that SWIFT and Chainlink are globalists scum and every time humans try to make a Babylon God intervenes and destroys it.

tldr: God will not allow LINK to pump

is this bullish?

Fudders are notoriously stupid, but that organization comment is an outlier even by their low standards.

>>56000732
>>56000778
Kek this. Just watch them scramble for the most stupid ways to FUD
>swift is just a meme formless body, an idea, not an institution

LMAO WE WON AND YOU LOST YOU BROWNOID VERMIN. WE WILL PREVAIL AND OUR GREAT GRANDCHILDREN WILL WIELD POWER WHILE YOU WILL DISSAPEAR INCEL REJECTS

>>56000575
Also means Sergey's team is doing airtight fucking work. With this many billions/trillions on the line Swift wouldn't fuck around.

Literally the only FUD left is screeching "chart" over and over again which is literally a snarky repackaging of telling you to buy high and sell low. beyond parody

>>56002575
>>swift is just a meme formless body, an idea, not an institution
kek that's exactly how Biden tried to gaslight the public about Antifa.

>>55999351
>>55999331
>>55999310
the brainlets that fud LINK in the midst of all the publicly available information supporting the bullest of cases only serves to increase my conviction that LINK actually is what I've always hoped it would become. the high IQ posts come out in favor of LINK, and the fuddies simply spout, as others have already pointed out, nonsensical semantics.

WHERES THE MONEY LEBOWSKI

>>56003282
Why not, instead of playing his game and defining institution, which he's hellbent on making subjective, state that SWIFT oversees a majority of money that is exchanged across borders.

>>56003346
Easier: SWIFT is a co-op (member-owned). In other words, SWIFT IS the global banking system. The employees of SWIFT work on behalf of names like JPM, Citi, ANZ, etc. It's not just an organization, it's THE organization

>>55999294
>why yes, i am a literal demon!

Your token still isn't needed LINKcels.

>>55999743
Surprisingly, Alpine eSports F1 team is a major partner with QANX ahead of the private blockchain launch.

>>56003282
I dumped this shit for AceStakes NFTs, this is now the trending narratives on crypto.

>>55999171
Nah dud. In the future all people will be using FedNow. Crypto is dead
https://www.youtube.com/watch?v=sr9IzNPH8bg

>>56003346
Funny enough normies are now getting richer in AceStakes NFTs. Thanks to LoC poker games.

>>55999400
>/pol/ boogeyman
Stop being retarded. You're as bad faith as him. The OP uses the term institutions, it's fair to ask how they're defining it.
That said, SWIFT define global standards for monetary transfers. It's possible to circumvent them, but we don't because at least my government considers them the gold standard, and we run yearly International Payments projects to upgrade our systems and processes to meet their ever changing standards.
I don't know anything about any relationship they have to tokenization, though. I don't count research, I mean there's nothing actionable that's been asked of banks beyond ISO20022 mt to mx.
t. Project implementation at a large bank, and ancient /b/tard and /pol/tard.

>>55999842
Swift absolutely defines norms. And has no competitor. I don't know why it's relevant, though, because we all research random shit in the 'innovation lab' equivalents of any large company, and most of it goes nowhere.
>>55999901
Valid until actual implementation is discussed. AI and crypto investigatory projects are spun up everywhere because your company looks incompetent if it's not investigating the current meme phrases to include in external reporting. A lot of the time it comes to nothing and instead once a FinTech establishes a working product we either licence that or buy them outright, with the intent to implement, and then 5 years later start looking at if they're still worth implementing, and if so we finally start. Because regulatory projects come before enhancements.
>>56000766
He's running at least decades late there with smiting SWIFT globalism.
>>56003346
Accurate
>>56003569
Inaccurate. Banks can still transfer bank to bank without SWIFT, and intranationally they're irrelevant.

>>56003282
It’s a bittersweet moment

>>55999901
>>56004808
look at these fucking retards who haven't done any research
https://www.youtube.com/watch?v=o8IqyEzeXTc
specially at 2:30
https://www.sibos.com/conference-programme
first talk

>>56000767
No, nothing is ever bullish for chainlink.

>>55999187
LUNChads…

>>56005211
I love how they don't even spell out "Digital Assets" in the title and change it to DAs, because the very concept of something crypto related is stilll so generally unpalatable to the normieverse.

The human detritus left on biz think that SWIFT is a new L2 shitcoin or something. Bear market brain drain has been brutal.

>>56005250
What's the source of your screenshot?

>>56005250
everyone is missing it as some don't want you to see it yet and some don't want it to happen

>>55999175
97% never happens in any poll, ever. Unless you live in North Korea. Very concerning

>>55999171
swift is a dying system

>>56005489
yeah dood xrp and brics makes it obsolete!

>>56005299
>https://cryptohayes.substack.com/p/kite-or-board

>>56000767
its link, so no

>>56000456
As the shills grow more schizophrenic with their wild claims of suppression via btc dumps, so too must the fudders use equally deranged tactics.

>>55999171
$XRP: The Standard

gonna be funny when stinkers are left behind

>>56000225
I would like to "win" with LINK worth $300 sir.
I'm beyond tired.

>>56004690
>The OP uses the term institutions, it's fair to ask how they're defining it.
It really isn’t. He just used the same word Swift used in the OP pic.
Plus, everyone knows is composed entirely of financial institutions.

>>56006328
>so too must the fudders use equally deranged tactics
What the fuck is this logic.
You have to be a complete no-life to think there should be some grand battle between shillers and fudders.

Shillers have every reason to talk about their own bags, while fudders have no reason at all to talk about other people’s bags.

>wild claims of suppression via btc dumps
Literally nothing wild about it.

>>56006328
>the shills

you stupid fucking cocksucking tourist we all hold chainlink and have since 2018. You would know that if you didnt just show up here on orders from your tranny discord mod leader.

I don't understand why people interact with fudders. There's nothing to gain...

>>56005308
>everyone is missing it
go the the big xeeter accounts that arent total grifters but actually correctly called the big moves
none of them know what we discuss here daily and most of them are right now going full depression mode saying crypto is dead it was all just ponzi shitcoin gambling and nothing ever came from it there is no innovation or adoption in the space
thats the level where the vanguard of normies are at

they really are gonna call us lucky, they will say: i was a crypto native because i read up all about dogcoins in 2021 and i never heard of link accept that it always dumps before it consolidate the space

>>56002575
anon they are getting paid to do this and if they have any sense they are putting those paychecks into link
i dont think the fudders themselves will lose in a financial sense

but on the other hand if they arent smart enough to buy some now they most certainly will rope themselves later

>>55999207
hmmmm

>>56005211
shit head, i know its fun to post links and screen grabs to articles someone else made. These institutions dont work like how you think they do. They have money and can afford to trail shit for 20 years then dump it the second it doesnt meet that one niche need.