E64: This Crypto Could Be Bigger Than Bitcoin!

Don’t miss this deep dive into one of the most promising crypto projects of all time! In this week's episode, special guest Daniel Shapiro @_dshap, a crypto expert from Blockworks Research, demystifies the potential and challenges of Chainlink $LINK and the evolving world of blockchain technology. Key Topics: 🌐 What is Chainlink? Bridging the Real World and Blockchain, and how Chainlink could become the standard for blockchain interoperability ⚙ Decentralized Oracle Networks (DONs): The Foundation of Chainlink 🌱 Chainlink’s Role in Sustainability and Insurance, from weather-based insurance for farmers to connecting global banks via SWIFT, how Chainlink is solving real-world problems today 📡 CCIP (Cross-Chain Interoperability Protocol): The Future of Value Transfer, and how Chainlink’s interoperability protocol could unify thousands of blockchains and financial systems worldwide 💻 Chainlink Runtime Environment (CRE): Chainlink’s new developer-friendly environment and how it’s reshaping the landscape for blockchain-based applications Sources: https://chainlinklabs.com Segments: 00:00 The Tulip Bubble and Chainlink's Unique Position 02:11 Badger vs. Blockchain Skepticism: Philosophical challenges of tokenizing real-world assets 04:14 Meet Daniel Shapiro: From Aerospace to Crypto 07:26 Understanding Chainlink and its Potential 12:30 The Role of Consensus Computing in Blockchain 19:52 Chainlink's Real-World Applications 28:53 Tokenizing Assets: The potential and pitfalls of real-world asset tokenization 36:58 Chainlink's Interoperability with Swift 51:42 Chainlink's Vision and Future Potential 53:01 CCIP: The Future of Value Transfer 53:57 Investment Risks and Asymmetrical Returns 55:18 Chainlink's Competitive Landscape 01:00:06 Chainlink Runtime Environment (CRE) 01:09:08 Tokenization and Real World Assets 01:15:36 Market Dynamics and Chainlink's Position 01:26:43 Chainlink's Token and Investment Strategy 01:33:04 Final Thoughts *************************************************SUPPORT THE SHOW AND BECOME A PATREON: ⁠⁠https://patreon.com/wallstreetwildlife⁠ *************************************************Sign-up for a bond account at ⁠⁠Public.com/wildlife⁠A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. As of 9/26/24, the average, annualized yield to worst (YTW) across the Bond Account is greater than 6%. A bond’s yield is a function of its market price, which can fluctuate; therefore, a bond’s YTW is not “locked in” until the bond is purchased, and your yield at time of purchase may be different from the yield shown here. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Public Investing charges a markup on each bond trade. See our ⁠Fee Schedule⁠. Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. Learn more at:⁠⁠https://public.com/disclosures/bond-account⁠ *************************************************To use the same portfolio tracking tool as Luke, check-out:⁠https://www.portseido.com/?fpr=lukehallard⁠ ************************************************* Monkey’s “Zen, Nietzsche, How to Live” Substack:http://firephilosophy.substack.com*************************************************Disclosure: Wall Street Wildlife hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation *************************************************