/biz/ - Business & Finance

Anybody, anything?

LINK is intrinsically worthless. Node operators can be payed in existing cryptocurrencies. Just look at the testnet right now, it only accepts ETH instead of LINK lmao. It means that ETH can easily be substituted for it, that is, if someone wants to fork the token to accept ETH (an established cryptocurrency instead of some fucking ERC20 token made with a two-man team), LINK is basically useless. That is besides the fact that everything LINK aims to do can be easily done by cryptographically signing the data from the API source.
>muh next ETH

Link, 5 months in: 35 cents (3.5x ICO)
Ethereum, 5 months in: $5.50 (17x ICO)

Uh oh, pissed stinker incoming HAHA.............

Ripple wants to invest in startups that will put its XRP cryptocurrency to work

“We, Ripple, will stay focused on solving that institutional use case, but we would certainly partner with companies that are looking to use XRP in lots of different ways,” said Garlinghouse, whose net worth was pegged at “at least $9.5 billion” by Forbes in January.

Garlinghouse said that Omni, a San Francisco-based startup that offers storage and rental services for goods, is a blueprint for that plan. Ripple and two of its executives led a $25 million investment in Omni in January and the startup has agreed to introduce XRP within its service.


http://techcrunch.com/2018/03/13/ripple-wants-to-invest-in-startups-that-will-put-its-xrp-cryptocurrency-to-work/