/biz/ - Business & Finance

You're a big stock.

>>53936848
Back from yer old momma's house, boy.

>>53415301
why'd you need to use so many words in this meme? subtlety and humor beyond you, chud?

>>29975816
its basically an internet of contracts and these contracts are more efficient for many reasons that we cant really get into in one post.

everything around you can only be made, delivered, sold, etc. through a series of contracts which represent trust that a product will be delivered so that you can make a component which will be shipped to Anon who will sell his product to Chang who will sell his product to walmart who will sell it to Juanita. if Chang doesn't do a good job and breaches his contract, then someone somewhere along that chain of custody and chain of making that product will lose out on money.

digital agreements, also called smart contracts, are the superior form of contractual agreements and the next step in evolution of contractual agreements. superior because the judge of whether or not a payment is triggered for X, Y, Z reason stipulated in the contract is not governed by Chang, but is governed by math and absolutes. it cuts down on cheating, lying, contracts not triggering for dumb reasons, so many things along the chain of contracts that can go wrong, inefficiencies. one of the many things that chainlink does to add new functionalities and security to these digital agreements is to aggregate data sources to further make sure that there is no inefficiencies of any sort in the triggering of that contract. and chainlink is always working to add new functionalities to smart contracts. so in a sense its the internet of contracts because it organizes and uses contract triggers in neat ways that is attractive to many businesses.

this isnt stuff the average person has to deal with, but people managing businesses its great. in some fields contracts are super inefficient for a lot of reasons and we're talking industries that deal with major contracts. the bigger the contracts these industries deal with, the scarier any inefficiency. other industries have different challenges. many more implications of this but for brevity theres an overview.

Now that chainlink is a confirmed shittoken that only performs in a bear market, what is the next bull market pick from biz?

>>28251555
Incredibly based

>>27516843
yuup

>>26423318

will other stablecoins survive the tethergate?

is it alt season yet?

>>25228115

>>24940128

>tfw for christmas in 2017 my sister gave me a $20 gift card for stocks on some ghetto ass website, stockpile
>got tesla, its now worth ~$150 bucks
>around that time i also bought a bunch of chainlink which has had a multi-thousand percent ROI

my IQ is so fucking high lads. picked a god tier boomer stock and a god tier crypto market stock. guess ill start my own hedge fund soon.