/biz/ - Business & Finance

>>14759394
So they retracted SmartContract and added Chainlink.
My guess is Sergey gave them a call and requested the change.

>there is only one asset that is in a class all its own
>there is only one asset capable of being valued in terms of the total gross economic activity and product of an entire planet and its nearby mineable astroids
>there is only one asset that transcends while encompassing all other asset classes
>there is only one asset that has achieved this unique foothold as the standard and as first comer
>only 1 asset exists to JUST them all
why aren't you all in, anon?

>>12510957
>believes LINK will enable fully automated space communism

>>12378575
But he banks are not even going to exchange XRP. Why would they?

Here’s why they won’t:
>bank must cash out the XRP upon receipt
>in order for this to be effective, bank has to cash out within their own country (if they cash out in another country they’re back to square one)
>oh shit, but there aren’t liquidity pools so that means they would have to cash out XRP on exchanges within their own country
See the problem here?

>inb4 b-but the banks will just hold XRP, you fucking idiot
The problem with that is XRP seeks to free up nostro/vostro accounts but by holding XRP versus converting it, the banks wouldn’t free those accounts. At the end of the day they would end up with the same problems as the existing system.

>>12362150
Nice try anonanon but none of the institutional banks will be exchanging XRP, they’ll simply use Ripple as a messaging platform to communicate whats happening on each other’s ledger.

>>12204942
Honestly and unironically, I’m of the opinion that protocols like OxBTC are the future of mining and tokenage. I’m also of the opinion that BTC is likely to reach 2400 to 1000 and consolidate sideways for a while.

So if I had 62BTC at my disposal after this latest rally up, I’d sell 1/4 to 1/3 of it and hedge against the unlikely possibility that BTC will become the MySpace of crypto, worst case, or just a secure store of value at best.

With that said, I unironically am bullish on Etherium no longer being a currency as I now believe it will finally function how it was meant to, as the backbone of a network, leaving utilitarian tokens to take on the business of facilitating the following...
>1) an easily tradeable and mined currency that integrates the best of Bitcoin and Etherium while solving the worst problems of both; scalability, transaction times, high fees, energy consumption, ICO Wales, endless forking, etc
wut is 0xBTC
>2) a payment protocol like PayPal
wut is REQ
>3) a cloud computing protocol
wut is iExec/RLC
>4) a smart contract protocol
wut is LINK
>5) smart contract auditing protocol
wut is Quantstamp
>6) instant currency conversion protocol
wut is Kyber Network
>7) dark pool exchange
wut is REN

There are likely competitors that will emerge to the above mentioned projects that are specializing in their specific niche. But if anything, the above projects illustrate the type of environment that is likely to emerge from the ashes of this bear market.

So, if BTC does end up being a relic of the past, I’d be hedging accordingly, knowing that if I’m wrong and BTC surpasses its ATF i’ll still be comfy af.