/biz/ - Business & Finance

>>56043501
>>56043613
>>56043665
>>56043714
Yikes

>>55692213
Ya, but he probably looks like this dude.

>>54936521
>chainlink is dead
Is this the new fud line?

>>53740356
>I do have an idea of how to solve these problems but I don’t work for free so

>>53674233
>Nobody likes SWIFT GPI, even JPM said so.
Imagine being you.

>>53504530
>Honestly, it's no wonder Sergey shits on your guys all the time, it's the easiest money he has ever made. The fact that you fail to comprehend the differences between three very simple payment processes is unbelievable. Large multinational corporates employ teams of people to manage similar payment processes to manage their risk in similar, yet you guys sit there and are like "what risk, it's just currency conversion bro".
>I will give you one more insight since it's obvious none of you have considered it. Let's assume Chainlink Labs offers the conversion service. Customers send their BTC, Eth, and whatever else they want to pay in to CLL, and CLL sends the equivalent Link (less a fee) to node ops. Node ops will then sell some of the Link to buy gas tokens that they need to post data on-chain.
>Now think very carefully about the implications here on market demand and supply. The customer BUYS from Chainlink, and Chainlink GIVES Link to node ops, who then partially sell it.
>Is the customer buying from the market? No, they buy from CLL. What does this mean for market demand. It goes down.
>What about the supply of Link tokens? CLL is giving Link tokens from its supply, in exchange for BTC, Eth etc. Market supply of Link is therefore increasing.
>Market demand down, market supply up
>Demand down, supply up
>What happens to Link token price in this situation?
>Think hard, you might figure out who this situation is very good for, and who gets shafted.

>>52636189
>Link token is simply useless with no demands at all.thats why it dumps all the time.