It's gonna pass 100%. Otherwise XRP and Chainlink got US Banking Licenses for nothing. That would make no sense. They are the guys lobbying for it.
They expect it to pass.
It's gonna pass.
And US-based CBDCs are going to spread like AIDs in the 80s. The writing is on the wall for this one.

>>60639511 (OP)
What happens if it passes? Who gives a fuck?
The next administration will come in in 3 years and fuck things up.

>>60639515
Keep moving the goalposts, FUDDIE

>>60639511 (OP)
>XRP and Chainlink got US Banking Licenses
Heard about Ripple getting one but when did Chainlink get one? Would have expected their shills to spam the board with 50 threads about it when it happened.

>>60639515
You sound just like my boomer mom.
Look at the bigger picture. CBDCs were predicted for years. It was thought Biden or Kamala would be the one to do it but that never came to fruition. Now it's happening under Trump, it's clear that CBDCs are a bipartisan issue and they will be pushing this for decades to come.
>>60639539
I don't like chain$tink or xherpies, get the fuck out of my thread if you think I'm shilling that shit. I'm talking about CBDCs. I only mentioned them because of their corporate actions involved in this.

>>60639543
Retard. Chainlink getting a banking loisence would unironically be the worst fud imaginable, because it would mean that they failed at their original purpose (being used by the banks).

>>60639543
>>60639560
my bad. I mean the recent gov integration.
I confused that with the XRP banking license news because they're just that unimportant to me.

>>60639511 (OP)
>XRP and Chainlink got US Banking Licenses for nothing
Both recently submitted an application for a national banking license with the U.S. Office of the Comptroller of the Currency (OCC).

>>60639543
>>60639560
>>60639569
>>60639577

>>60639591
why are you even trying to spread this fake ass tweet?

>>60639577
Usually you post the source when someone asks, not repeat what was already said.

>>60639593
Is it fake though?

>>60639597
yes, thats the ripple announcement. Look at the date.

>>60639591
Good one nigger

>>60639599
better yet, post the actual link, not a picture dipshit.

>>60639599
>>60639606
oh my bad.

>>60639609
I wish I cold take a crowbar and just bash your fucking face into hamburger meat.

>>60639616
Relax, low impulse nignog.
Gonna just repeat, take a look at the bigger picture.
CL and XRP are getting heavily involved with banking because they're banking on CBDC legislation passing.
Trump is largely on board with CBDCs. Very likely chance the GENIUS act passes.

>>60639625
That was debunked as well

>>60639644
I'm using google. I took these two screenshots.
Is this Guru tweet fake too or what?

>>60639511 (OP)
>>60639625
Link doesn't have to be a bank because it's not issuing any stablecoins.
All the banks and financial institutions will issue their own, and they'll use Chainlink to connect them all.

What does this mean for me?

>>60639661
In the long run? US CBDC bonds.
Short term? Negative price action for Chainlink. lmao.

>>60639661
They don't want you in so they will try to fud you out, but you will not sell, you will eventually make it, you fuker.

>>60639657
Wow that's so interesting, I totally care alot about Chainlink. That's the whole point of this thread just chinklink. CHink up Chink down I love stink it's the bees knees.

>>60639511 (OP)
This shit is gonna kill tether which will kill Bitcoin. Very bearish

>>60639661
we are ALL going to make it

>>60639594
Got would mean they already received the license, nothing has been approved yet.

>>60639515
this nigga again?

>>60639696
Yeah it's Bitcoin's competition, not good. They want to tokenize fiat and thus control crypto.

>>60639661
Serg & Chainlink wrote the genius bill

>>60639515
You better pray you’re retired in 3 years time.

>>60639713
How have you not seen this scenario play out, anon?
Yes, it will 'kill' the current semi-free version of crypto, but xmr still exists and the pump from the institution scam will let you retire and get out
Remember when ETH murdered itself over the dao and the chain rollback? I sold my 900 ETH back then because I thought for sure it was done for, but then it ripped up to 4 digits
Centralization is terrible for crypto, great for crypto price action

>>60639511 (OP)
So is this good for bitcoin?

>>60639511 (OP)
>Chainlink got US Banking Licenses
that was a joke bro

>>60639698
>>60639577
You are thinking of Circle. Chainlink did not apply for a fed master account or US banking license.

Hilarious the fake tweet I made led to this thread being made.

>>60639696
No, it's very bullish.
Just not for bitcoin.

>>60640950
dont flatter yourself, linkigger.

>>60639515
zombie bidan finna fuck everything up nigga

>easily falls for misinformation
>holds xrp
lmao

>>60639515
sooner kek the republican party is about to split in 2 thanks to america party

this is so fucking bullish for xrp holy shit

>>60641074
>>60640950
Really shows the mental level that xerp sisters operate at lol, one edited twitter screenshot is all it takes to confirm that banks will use XRP
BOOM

>>60639511 (OP)
this has nothing to do with stinkylinkies

BIG L FOR LINK MARINES!

>>60639511 (OP)
Ripple applied for a license.
CLL did not
Trump explicitly mentioned no CBDC. Its also thr reason one of the bills/ acts had a delay /thread

>>60641667
This is an awesome meme. Them all trapped inside looking out at varying amounts of bags held to no benefit or escape and Sergay standing outside looking up at the sky living high on the hog off them buying his tokens he doesn't use in his product. kekl

>>60643699
>tokens he doesn't use in his product.

wrong

>>60639787
>>60639515
lets pray JD Vance wins, if he doesnt, Know that you have 3 years to escape the Matrix

>>60643713
No one uses the public network. They use private licenced software which CLL subsidizes through selling the token to you. And none of thier products are even used to move or store real value, they are just used for price data while value is sent and stored on other networks. There is no economic incentive for them to change this due to how uneconomic the network is vs. alternatives. Chainlink labs may do well but token holders have no idea of the tech they think they invested in.

>>60643750
Wrong. What is CCIP for if not used to move value and data.

>>60643750
>No one uses the public network
Everything about the network is public, everything the nodes have ever done is on chain.
What fucking planet are you from kek

>>60639649
don't you find it weird they've only made $100 despite onboarding 3 billion


>>60639511 (OP)

psa to all - the genius act has no impact on the link funding token

>>60643750
this is correct

clients pay chainlink labs in usd. they then send link token they printed out of thin air from their reserve to a node who immediately sells it off while pocketing usd for themselves

https://www.c-span.org/event/us-house-of-representatives/us-house-of-representatives/434776
Boomers debating GENIUS now

>>60644223
Are they? Is GENIUS the anti CBDC bill?
I think these Republicans are high on their own supply trying to absolutely cockblock CBDC. It should be allowed but guaranteed by privacy regulations. Don't just blanket ban it based on fear mongering

>>60644223
Apparently the Clarity act has already been debated without any surprises as far as I can tell.
And apparently the anti CBDC shit might get attached to a defense bill later down the year.

Genius bill has a good chance of getting voted and signed by tomorrow, imagine if Clarity does the same too.

So is this good for bitcoin? If institutions get the green light on stablecoins, they can create their own and this genius act should in theory increase liquidity that flows into bitcoin right?

>>60644383
stablecoins have nothing to do with king shitcoin

Its bought and sold OTC or on cexes

>>60639511 (OP)
I am regretful I did not buy XRP last year when it was 50 cents

>>60644390
A lot of BTC trading volume is made up of Tether, so it does matter.

>>60644300
what are your pro-cbdc arguments?

>>60644300
>Republicans are high on their own supply trying to absolutely cockblock CBDC

>>60639511 (OP)
H.R. 3633 (clarity act) is currently being voted on (stream: https://live.house.gov/) and has 242 yes votes and 112 no votes. Next up will be the genius act (S. 1582) and then Anti-cbdc (H.R. 1919)

>>60644300
genius is the stablecoin bill, it makes it so that any stablecoin must have a transparent proof of reserve of said asset.

>>60639511 (OP)
Unless you can give these politicians the cunny they want and have enough irrefutable evidence on them then they won’t do what you want.

reeeee where is everyone bump bump bump. this shit getting passed determines our prices for the next 3 weeks assuming no black swan

>>60645273
I'm here bro kek

It just passed, gavel down.

Why is xrp pumping

3 MINUTES

Genius Act passing now. No way it won't get majority

I don't know anything about internet funny money, can I get a qrd on how it works, please and thank you.

WOOOOOO GENIUS LOOKS LIKE IT'S GOING TO PASS WITH FLYING COLORS, SOLID BIPARTISAN SUPPORT

Crypto week is saved. Based Congress

>>60639625
>XRP
how anyone thinks this peice of shit is going to be used for anything other then retail drain is beyond me

Now that the house passed them, the senate has to look it over and if they pass it, it goes up to trump right?

>>60645395
No, this is going to Trump tomorrow.

>>60645395
Senate is not passing shit

>>60645404
What do you reckon "S 1582" means?

>Permitted issuers must maintain reserves backing the stablecoin on a one-to-one basis using U.S. currency or other similarly liquid assets, as specified.
And how would every single one do this?

>>60645416

>>60645416
by talking to some dude in sneakers and a flannel

CBDC bill is tight

CBDC bill passed. This one is off to the senate

>>60639553
The bill literally outlaws CBDCs, you retard.

>>60645424
kek

>>60645623
>muh CBDCs
This bill is gonna kill tether which will most likely kill btc as well, who the fuck cares about CBDCs.

>>60645648
Good. BTC is the albatross around the neck of the crypto community. It's a dinosaur with absolutely no utility in any direction. It's value is based on narrative and literally nothing else.

The sooner it dies, the sooner the crypto space can do good.

WHY CANT YOU FUCKLING INCEL CHUDS JUST ACCEPT CBDCS THE MARK OF THE BEAST YOU KNOW YOU WILL GET A TATTOO ON YOUR ARM FFS WHY FIGHT IT WHY DO YOU PERSIST AHHH YOU FUCKING INCELS HAVE GONE TOO FUCKING FAR THIS TIME YOULL NEVER WIN FUCK OFF FUCK YOU BACK OFF BACK OFF BACK OFF BACK OFF BRING IT BRING IT BRING IT

>>60646484
>WHY CANT YOU FUCKLING INCEL CHUDS JUST ACCEPT CBDCS
Because I dont hold chainlink.

>>60645670
Totally agree. The BTC narrative is getting more and more delusional, it alarms me to no end. It's outdated, it's not serious. BTC, XRP, DOGE, LTC... all this bullshit needs to leave the top 10 for crypto to become truly serious.

The Clarity Act passed the House too, holy shit.
This one still has to go to the Senate, but it's basically a slam dunk.

The Genius act is going straight to Trump's desk though, and he will probably sign it tomorrow.
Absolutely crazy.

>>60646667
WLFI is the key to understanding all this. They want to take over the stablecoin industry. No other analysis is relevant.

So looks like the bill gives a 3 year grace period for stablecoin issuers to come into compliance...tether's leader also mentioned that he can simply create a US compliant version of tether (similar to binance vs binance US), so looks like tether (and by extension btc) will be okay.

>>60645670
If btc dies, crypto as a whole is finished, no sane investor will want anything to do with anything crypto-related if btc goes the way of the dodo.

>>60646484
not selling and pool is closed

>>60639511 (OP)
Chainlink didn’t get a banking license that was a shitpost by a XRP chad mocking chainlink faggots

>>60646946
BRING IT BRING IT BRING IT BRING IT
BRING IT BRING IT BRING IT BRING IT
BRING IT BRING IT BRING IT BRING IT
BRING IT BRING IT BRING IT BRING IT
BRING IT BRING IT BRING IT BRING IT

>>60639543
>>60639511 (OP)
That Chainlink bank thing was fake unless im mistaken.

>>60646695
I honestly believe that BTC will die, which will symbolize the end of all this casino faggotry and the link will be repriced at like $10,000 overnight. Triples willing.

>>60644300
All registered stablecoins are able to be frozen and seized banning cbdc just creates a degree of separation so it has to go through a law enforcement channel, I don't see any benefit of having it issued directly from the FED versus the private sector