/biz/ - Business & Finance

>>58170399
the nature of their transactions have nothing to do with it. why doesn't the NYSE need oracles to provide accurate price feeds?
why do you think numerous https outcalls to multiple sources, then coming to a consensus, has a risk? did you seriously invest in a token because you think coinbase, kucoin, cmc, and numerous other sources would all conspire to provide fake data?
>>58170415
>why is it better?
because smart contracts that transact BTC and ETH are publicly available. link cannot do this.
>How the f are they going to generate revenue?
dfinity is a non profit :)
>if it doesn't wait for finality it is insecure.
it does wait for finality. it's just much faster. because ICP is superior.
>Why I want to run AI on ICP when I can run it on my computer or in the cloud
imagine typing to your wallet "swap BTC for USDC" and it does it automatically. imagine typing "set a buy order for 20 ETH at 500" and it does it. this is one of the very small use cases. having it inside of smart contracts guarantees security, unlike traditional web2 infrastructure.
>In 2023 ICP inflation was 62%
lol.