/biz/ - Business & Finance

Can anyone push a little volume over towards LINK please? I’m getting a little sad over here. Thank you as far in advance as I possibly can.

(1/2)

Hey biz, let's talk.

It’s very simple to say that the following is a noob question but I highly disagree. The question is basically: how are crypto going to be “revolutionary” instead of being a minor addition to the current system.


Decentralization is a meme. This will never come into real existence because it’s in direct competition with capitalism. Maybe in public sectors but I doubt it. This is my opinion but based on logic. That counts for something.


So now we have the whole “internet of things” and the finance block chain etc. Let’s start with finance. Like I said, finance is never going to adopt decentralisation, the idea is just ridiculous. “Let’s all adopt a similar system and just forget capitalism and comparative advantage!” great idea. No.


Brings us to stuff like any product chain such an ven or wtc. How exactly is anyone going to solve the oracle problem meaning: who is going to check what is uploaded on this “decentralized” system? Who is going to check the info is correct? “YES BUT SMART CONTRACTS!!!”. No, this is incorrect. These contracts check info given. They CANNOT check the validity of the contract created unless that info is already available. How is the info available?


Then we have protocols. Sure the idea behind protocols is solid but for it to be useful the first and second gen chains need to be useful. And they could be but revolutionary? I think not.

(1/2)

>>5857822
>friends and family

I'll be right tho... yeah?

https://cointelegraph.com/news/rapid-increase-in-tether-supply-raises-concerns-of-manipulation-creative-accounting


(;

Hey /biz/ a number from syria just called me, i missed it but when i called back it went straight to a recording. Did ISIS just call me?

>>3659684
>we're all gonna make it.

>>3607349
>find a coin that will x100

>>3567196
>your friends

>>3402157

>>2246553
>mfw i didnt listen to the eth shilling
>mfw i didnt read the stratis ico threads

never again.

>i i-it'll dump soon right guys