/biz/ - Business & Finance

Biz will control Link and RSR

I'm writing this thread to evangelize RSR to those who hold LINK but not RSR.
That means I assume:
- you've already DYOR on LINK (thus I won't explain oracles, staking, etc).
- you want a conceptual overview of RSR (thus I won't try to shill you on the team, the listing breadcrumbs, the investors, etc).
Right now we're seeing an explosion of value in LINK's value due to a mix of speculation, partnered nodes, and real world use in the DeFi bubble. For those of you who were around in 2017, you'll recall this being similar to ETH's role in the ICO explosion.
Now if we're honest with ourselves, there's another similarity to 2017: pretty much all of these DeFi projects, and DeFi as a whole, are completely worthless. I'll stop short of calling them "scams," but even if these projects 100% deliver on their goals, no one really needs stuff like "decentralized loans." Not even techies are interested in this stuff! Don't take it from me - search Hacker News for any DeFi-related term for a pulse check on how little anyone outside of moonboys care about this stuff (and no, that does not mean "we're still so early").

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