plzmeplz @SamShellfish

$BTC = Money, L1s = Contracts, $LINK = Information, Dapps = Use Cases and User Interfaces for the above Joined October 2016

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plzmeplz @SamShellfish

11 hours ago

@CatfishFishy @ChadSteingraber Yea, here's a piece of evidence: pitchbook.com/profiles/compa…

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@CatfishFishy @hypebeasteth @ChainlinkLoad 15/n: If Apple provided profit-sharing (dividends) to shareholders, then there wouldn’t need (or ability) to perform stock buybacks because they wouldn’t be hoarding the value for themselves.

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plzmeplz @SamShellfish

12 hours ago

@CatfishFishy @hypebeasteth @ChainlinkLoad Tempted to pay for X just so I can inform you about how retarded you are in one post rather than a thread, but here we go (thread):

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plzmeplz @SamShellfish

12 hours ago

@CatfishFishy @hypebeasteth @ChainlinkLoad 14/n: The original tokenomics were closer to profit sharing in structure – value accrued back to the network service providers such as node operators and stakers (think shareholders) rather than to the private company (via it’s wallet getting filled).

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plzmeplz @SamShellfish

12 hours ago

@CatfishFishy @hypebeasteth @ChainlinkLoad 13/n: It’s literally CLL taking revenue that could go to the network, and giving it to themselves instead.

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plzmeplz @SamShellfish

12 hours ago

@CatfishFishy @hypebeasteth @ChainlinkLoad 12/n: You love the Apple stock buyback example. The issue with the Reserve is that it doesn’t drive value to the network in the way that the original tokenomics defined network value accrual – or in the ways that CLG describe the network and $LINK value accrual in his podcast. I

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plzmeplz @SamShellfish

12 hours ago

@CatfishFishy @hypebeasteth @ChainlinkLoad 11/n: "There is no competing set of stakeholders." Again, I’ve already shown that there are broken incentives for the private company equity holders. See the images above.

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plzmeplz @SamShellfish

12 hours ago

@CatfishFishy @hypebeasteth @ChainlinkLoad 10/n: "There has never been a single employee (at any level, including c suite) paid in anything other than the token." Not true, employees get paid salaries that aren’t $LINK.

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plzmeplz @SamShellfish

12 hours ago

@CatfishFishy @hypebeasteth @ChainlinkLoad 9/n: *EVIDENCE* It's very simple logical step that you should understand without guidance per the comments above. Sergey owning a higher % of CLL than he does of the total $LINK supply directly incentivizes him to drive profit to CLL than value accrual to $LINK. Same with Ellis.

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plzmeplz @SamShellfish

12 hours ago

@CatfishFishy @hypebeasteth @ChainlinkLoad 8/n: Which is simply a reformatting of their bank account.

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plzmeplz @SamShellfish

12 hours ago

@CatfishFishy @hypebeasteth @ChainlinkLoad 7/n: They could have proof of reserves for off-chain balance sheet and revenue, payment abstraction converting USD to LINK, & automations to pay into service providers like node operators & stakers rather than diverting those funds into their LINK wallet they control.

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plzmeplz @SamShellfish

12 hours ago

@CatfishFishy @hypebeasteth @ChainlinkLoad 6/n: Why do you act like the Reserve is the only possible mechanism for offchain revenue to accrue to the token?

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plzmeplz @SamShellfish

12 hours ago

@CatfishFishy @hypebeasteth @ChainlinkLoad 5/n: This would mean he would need to own at least 25% of the $LINK supply, which I doubt is likely. The exact same math applies to Ellis. I’m going to assume you can follow this logic without needing actual mathematical formulas written out for you.

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plzmeplz @SamShellfish

12 hours ago

@CatfishFishy @hypebeasteth @ChainlinkLoad 4/n: The only way in which Sergey’s wealth would not be tied more to his ownership of the private company than the $LINK token would be if he owned more (as a percentage) of the total $LINK supply than he does of the private company CLL.

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plzmeplz @SamShellfish

12 hours ago

@CatfishFishy @hypebeasteth @ChainlinkLoad 3/n: My comments are completely based in reality and math. See the link on equity distribution of CLL above.

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plzmeplz @SamShellfish

12 hours ago

@CatfishFishy @hypebeasteth @ChainlinkLoad 2/n: See: …te.company-information.service.gov.uk/company/125924…

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plzmeplz @SamShellfish

12 hours ago

@CatfishFishy @hypebeasteth @ChainlinkLoad 1/n: It’s already been explained that I’m not talking about any other companies. I’m talking about Chainlink Labs and $LINK. It’s already been demonstrated that there are directly competing interests between $LINK and the Chainlink Labs equity holders – namely Sergey and Ellis.