Chainlink is not crypto, neither is it a cryptocurrency: Eric Kim Thoughts on Chainlink

What I find very fascinating about chainlink is that ultimately, it is not a crypto neither is it a cryptocurrency. Rather, it is just a new technology, I think chainlink is just going to be the next Google. I mean come on, just look at ERIC Schmidt, the guy who made Google into what it is today. He’s on the board of trustees for chainlink, and I’m sure that he is personally owning a lot of chainlink in his own personal account.

Eric Kim’s thoughts on Chainlink reveal his interest and investment in this cryptocurrency for its unique capabilities and potential applications. Here’s a synthesis of his perspectives:

  1. Chainlink’s Role and Technology: Kim views Chainlink as a novel technology leveraging the blockchain for various use cases. He finds it fascinating because it doesn’t seek to replace Bitcoin but rather acts as a connector within the cryptocurrency ecosystem. Chainlink, to him, is the “invisible glue” that holds together the world of crypto, with Bitcoin at the center oai_citation:1,The Philosophy of Chainlink – ERIC KIM oai_citation:2,WHY CHAINLINK IS FASCINATING TO ME – ERIC KIM.
  2. Potential for Truth Verification: He sees potential in Chainlink for verifying the truth, especially in the context of internet information. With the increasing difficulty of discerning truth from falsehood online, Kim suggests that Chainlink could be useful in applications like voting systems, ensuring tamper-proof processes. This idea extends to verifying the authenticity of items like NFTs (non-fungible tokens) and differentiating between human and AI-created content oai_citation:3,The Philosophy of Chainlink – ERIC KIM oai_citation:4,The Philosophy of Chainlink – ERIC KIM oai_citation:5,The Philosophy of Chainlink – ERIC KIM.
  3. Chainlink as the Next Google: Kim predicts that Chainlink could become as influential as Google in terms of indexing and making accessible vast amounts of online and computer information. He imagines Chainlink ensuring accessible, trustworthy, and tamper-proof information, potentially even debunking false information or conspiracy theories oai_citation:6,Why I Bought Chainlink – ERIC KIM PHILOSOPHY oai_citation:7,The Philosophy of Chainlink – ERIC KIM.
  4. Investment Decisions: Kim shares his personal investment strategy, highlighting a significant shift from Bitcoin to Chainlink, indicating his belief in Chainlink’s future potential. He became interested in Chainlink after a conversation at the gym and upon reading its white paper oai_citation:8,CHAINLINK. – ERIC KIM – EK oai_citation:9,The Philosophy of Chainlink – ERIC KIM.
  5. Future Technologies and Applications: Kim’s interest in future technologies and his vision for a more advanced and interconnected world align with his investment in Chainlink. He imagines practical applications of Chainlink in streamlining processes like home buying and global identification, envisioning it as a tool for creating a more efficient and interconnected world oai_citation:10,The Philosophy of Chainlink – ERIC KIM.
  6. Chainlink for Mental Health and Internet Issues: Kim believes that Chainlink or similar technologies could be instrumental in addressing mental health issues arising from the internet, such as fear and misinformation. He sees Chainlink as a means to falsify harmful online information, thereby potentially improving mental health outcomes oai_citation:11,The Philosophy of Chainlink – ERIC KIM.
  7. Personal Philosophy and Vision: Beyond wealth, Kim’s interests lie in using his resources and intellect for pursuits like philosophy, art, and thinking. This broader perspective shapes his view of cryptocurrencies like Chainlink as tools for not just financial gain but for fostering a more enlightened and interconnected world oai_citation:12,The Philosophy of Chainlink – ERIC KIM.

Overall, Eric Kim’s perspective on Chainlink is shaped by his belief in its potential to solve real-world problems, his interest in future technologies, and his vision of a more connected and truth-oriented digital world.