In case you missed it, here's the 30 second story of link:
Team with top tier legacy finance connections realizes the world changing nature of smart contracts and realizes that the last, and most valuable, part of the stack is the oracle layer.
So they build it.
But then their partner (with 100x the resources and devs) who was supposed to be solving the execution scaling problem failed for two years to make development deadlines with no end in sight.
No problem, the link team brings in former white house deputy CTO and Princeton professor to fix things.
And then their other partner, the world's largest processor manufacturer, drops the ball on making privacy ensuring secure hardware enclaves that they were planning on being the core of their data delivery offering (TownCrier/SGX).
No problem, they pay for novel research into a multi node software solution that offers the same guarantees without tying their node operators to a given hardware manufacturer.
The amount of sheer "talk the talk and then deliver" that this amounts to is mind boggling. This little team has casually outperformed giants, all while grabbing value for their product that literally, unironically, didn't even need to become the most valuable decentralized network on earth.
AB didn't know ETH and Intel would get lapped like this. He really did end up underestimating.
Once Deco goes live, high value enterprise applications can run on link.
Once Arbitrum v1 goes live, nearly any value smart contract application becomes economically viable.
Once AnyTrust goes live smart contract computation and execution becomes a race to 0 cost, with all of the value of smart contracts transferred to the oracle layer.
All of the above is announced, by teams that actually deliver, to happen in the next 6 months.
If you sell your links you deserve your fate. A 400bn valuation for Link is fud. $1000 is fud.
We're all gonna make it.
