/biz/ - Business & Finance

>>11040799
$2500 EOY

>toasting in ebin bread
LINK $2500+ EOY

>>10800813
Eventually, 1BTC=1LINK & 1LINK=$1000EOY.

>>10733536
They will be left out with little bags ahahaah

LINK is required to create a request and is used to pay node operators for fulfilling that request. The request query payload is part of the token transfer as per the ERC677 token standard (https://github.com/ethereum/EIPs/issues/677).). Requesters may also specify an amount of LINK that each node must lock as a penalty payment for bad behavior.

>https://news.starbucks.com/press-releases/intercontinental-exchange-announces-bakkt-a-global-platform

3 days ago we find out that:
>Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges, clearing houses, data and listings services, announced today that it plans to form a new company, Bakkt, which intends to leverage Microsoft cloud solutions to create an open and regulated, global ecosystem for digital assets. The new company is working with a marquee group of organizations including BCG, Microsoft, Starbucks, and others, to create an integrated platform that enables consumers and institutions to buy, sell, store and spend digital assets on a seamless global network.
>microsoft cloud solutions
>https://www.reddit.com/r/LINKTrader/comments/8fb6ml/microsoft_cryptlets_is_using_chainlink/

One of the major obstacles to adoption by major retailers is volatility. If you buy or sell things in Bitcoin or Ethereum, the price can fluctuate dramatically and wipe out potential revenue. You can't have that if you run a business. You need consistency to balance the accounting books properly from quarter to quarter for budgeting and managing expenses. Very difficult to plan when you don't know if the currency you just accepted will hold its value from day to day. So how do you solve this problem?
>Instantaneous conversion from crypto -> fiat at Point of Sale.
If I sell a coffee for $5 and accept payment in a near instantaneous resolving crypto transaction, and then immediately swap it out for fiat (handled by a smartcontract of course), then the risk of volatile budgeting involving crypto is no longer an obstacle to adoption and major retailers can move forward and accept payments in crypto. And so far we only know of one project that seeks to connect payment, retailer, and banking systems with the blockchain in a trust-less manner end-to-end.
>Chainlink.

$2,500 EOY