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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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54066531 No.54066531 [Reply] [Original]

https://www.youtube.com/watch?v=064KLVW9M1E

tl;dr:
SIlvergate was operating their Silvergate Exchange Network, offering 24/7 365 liquidity in USD for all major crypto players, and were in the process of launching their own stablecoin. This would be in direct competition with FedNow, the upcoming payment system from the federal reserve. This all coincides with SWIFTs upcoming migration to ISO20022 in the coming months.

It's all so tiresome.

>> No.54066602

>>54066531
>SWIFTs upcoming migration to ISO20022
Which has nothing to do with chainlink. Shut the fuck up.

>> No.54067141

>>54066602
you sound angry, are you okay?

>> No.54067214

>>54066531
What does FedNow have to do with Chainlink and how will this help my bags?

>> No.54067226

https://www.youtube.com/watch?v=-4Iw2PmQZe0

what transactions

>> No.54067260

>>54066531
Silvergate have been insolvent since ftx lol

>> No.54067519
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54067519

>>54066531
pretty much inline with my own thoughts

WAGMI

>> No.54067590

I feel slightly sick that making it with LINK will be contemporaneous with a CBDC rollout that steamrolls open source crypto and everything I actually cared about in this space.
The only thing that gives me some relief is just how abysmally open source crypto actually managed to perform in the decade that it had the room to do what it wanted. 1 actual ideological builder for 100 charlatan scammers and 10,000 retarded moonboys.