/biz/ - Business & Finance

OmegaMaker !i6apW.sJiU just confessed he doesn't know anything about the GRT protocol and was just shilling for no reason.

Just ask him for the protocol proof and he'll shutter like a scared bitch. Many such cases.

>>49784997

OmegaMaker !i6apW.sJiU just confessed he doesn't know anything about the GRT protocol and was just shilling for no reason.

Just ask him for the protocol proof and he'll shutter like a scared bitch. Many such cases.

How long do you guys think it’ll take to climb back up to 10 cents. This is the first real test of the protocol code.

I say 3 more hours.

Discuss all things GRT. like how it literally can’t stay below 10 cents it’s written in the protocol.

Free money for all buys under 10 cents.

Who here is slurping?

How many times do I have to tell you. The protocol doesn’t let this stay under 10 cents for more then a few hours.

GRT gets sucked up by the protocol. ITS LITERALLY FREE MONEY

GRT is a rugpull.Imagine offering a service for free that a multitrillion dollar industry absolutely depends on and can't easily or inexpensively replicate and then turning around and charging for it this year, and then distributing the revenue to stakeholders. Just imagine how much money will be siphoned from these clients to the network. Extorted out of tens, hundreds of millions of dollars per year soon.

But because the industry has no other option, they'll pay to keep using it, and because the industry is quickly growing, more people will pay to use it. What choice do they have? The GRT stakers will be making bank in the future at the expense of the entire sector, which they'll be profiting from the processed data of, indexing and selling it to whoever wants it. It'll probably siphon and redistribute billions per year a few years from now. Does this sound like an honest way to make a living living? I don't think so.
How is this okay? Pure greed. Probably going to end up like Google or Facebook with their obscene market capitalization and monopoly on truth, except using "zero knowledge proofs" and "verifiability" technology developed by DARPA-funded partners in lieu of media partnerships and paid fact checkers. What's worse, it's "permissionless" meaning anyone can do what they want using the network's data, mixing sources as they please to create unspeakable horrors of insights using futuristic technologies like "composable subgraphs." It's probably going to lure real-world industry into using its services too, and then the entire world will be robbed of its hard-earned money, creating a monstrosity of a global database (A public version of the NSA's PRISM program? Hello?) in the process that no one is free from.
It's a shame that governments can't shut it down because it's decentralized and distributed across the planet and not maintained by a single company that can be sued or prosecuted. This is not okay.

Daily GRT General.

Discuss the upcoming graph day and the cheap value you can get after this coin has fell 95%.