US Gov Chooses LINK & PYTH for Data On-Chain – What’s Next?
Recently, the US Government made a historic announcement. That’s because, for the first time ever, the Commerce Department is adding key economic data to a number of public blockchains. What’s more is that other departments will also be adding their own data sets in the future.Put differently, the US government is slowly moving onchain, and this should have been insanely bullish for crypto. So far though, there’s been next to no movement in the charts. This is bizarre, because this initiative sets the stage for rapidly increased adoption of the crypto industry.
That’s why today, we’re diving deep into the recent moves, telling you what was announced, what comes next, and even what could happen if it all goes wrong. This is a video you do not want to miss.
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⛓️ 🔗 Useful Links 🔗 ⛓️
► Announcement (2:11:55): https://www.youtube.com/live/cbEPqUdelFo?si=9Qea1astrFBBT9NN&t=7915
► Government Uploads Economic Data: https://www.theblock.co/post/368631/us-government-data-public-blockchains
► Government Taps Chainlink and Pyth: https://cointelegraph.com/news/us-government-chainlink-pyth-economic-data-onchain
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~ TIMESTAMPS ~
0:00 Intro
1:05 Commerce Department’s Recent Announcement
5:17 Which Cryptos Have Been Selected?
8:37 Demand Driver, or Nothing Burger?
12:04 Next Steps
14:47 What Could Go Wrong
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#chainlink #pythnetwork #usa Receive SMS online on sms24.me
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