/biz/ - Business & Finance

>>11640868

>$0 payday loan, not a worthless ghetto dweller
>$5,000 credit card charge, 1.5% cash back, 0 interest because you pay it off ever month like normal white people do
>$26,000 car loan - 0% interest from manufacturer
>$200,000 mortgage - 4.5% on a fourplex you live in and make profit off of.
>(((central banking system))) centrally planned money is just as garbage as every other form of central planning.

>>11634866
Classic linky answer, dodging the question, making fun of but never replying seriously because they can't answer it since LINK is just yet another useless utility token adding an unrequired layer of friction.

>why does chainlink need it's own ecosystem? Why can't it just use another ecosystem?
But anon an ecosystem doesn't mean you need a token, do you pay in amazon coin when you want to buy something sold by Amazon? Do you use Starbuckcoin when you buy a coffee at Starbuck?

The entire purpose of ETH and other protocol coins is that they are a currency minted by the software as rewards against work done to secure the blockchain but Chainlink isn't a blockchain nor does it mint coins or is secured by work.
Again my question is: why does it need its own token? Why does it need its own currency instead of ETH or a stablecoin?

>>11611674
maybe you are just a brainlet, which is why your plan always fails

>>11584265

>brainlet cope

People start businesses for less than $100 all the time. You could literally find a free push mower on craigs list, bum a could gallons of gas and start mowing lawns. After you hvae a few contracts, you can move move right on to "exploiting" mexicans. You wont do this though, because all socialists have deep belief in their own worthlessness that drives them to want government stolen handouts rather than improve themselves.

>>11584298

Too bad government drove up the cost of education by subsidizing it, then made student loans immune from the bankruptsy process. Truely the fault of your employer.

I mean thats just a hostel with a fancier hipster name. whats the biggi?

>>11251375
how do I turn $23.18 into 5 million? no financial mumbo-jumbo

I have 35eth that I'm trading for Link
Do I wait for a mini moon on eth then trade or shall I just trade now?
I just gotta say I meet loads of people cool guys hot women but you guys on here are really cool and I prefer you guys to most people I meet.
Chins up anons
Cheers

>>11226302
actually insightful

>>11176586
>blaming the world for his own shortcomings

>>11087495

>Rather, he points to the tendency for the rate of profit to fall, the tendency for for consolidation and monopolization, and the tendency for accumulation.

So the exact opposite of what has happened in reality, where calitalism has lifted a billion people out of poverty in the last decade.

>To the extent there are economies of scale there should be some level of social ownership and control, whether through a state or not.

Social ownership is a fraudulent phrase, because the is no social ownership of anything in a totalitarian marxist state power monopoly, not even your own life. There is only submission to your socialist overlords.

>After the stalinist period, the USSR would maintain higher levels of calorie consumption than the United States until its dissolution

So, after killing 40 million people or so, the survivors had to work in conditions with less mechanization than their western counterparts (dang pesky capital), thus requiring more calorific input (pre industrial farm workers were also likely to consume more calories than modern people), what a great trade.

By the way, effeminate intellectual idealists are always the first to get sent to the torture camps for disagreeing (slightly) with the kind of violent psychopaths who implement ideologies based on violating peoples fundamental individual rights.

>>11070126
>13 posts in this thread
>all sound like the result of generational incest

Have better luck next time?

>>10887335
>faster and more reliable
It won't, PoS brings nothing on the table in this aspect
>much more expensive to attack
Debatable, it will all depend on the numbers of validating nodes, with PoS there is much more intensive to DDOS a node than with PoW. Also the fact that block generators are picked in a deterministic manner is a really complicated matter
>not reliant on miners to function
How is it good really?
Miners are a counterpower to whales and developers, they have an interest to keep the coin relatively stable over a certain threshold because of their costs. PoS is giving the keys of the networks to the whales which would have even more power on the market to pump and dump it, this is a really dirty system.
>not gobbling energy indefinitely to function
That's the only good point of PoS right now.

>You're looking at it solely in the form of a currency, but think wider
Currency is the alpha and omega of blockchain, without it it's just a shitty database.
The fundamental problem with Ethereum is that Vitalik and co really just really created a slightly pimped clone of Bitcoin and bluntly put a virtual machine on top of it, they should better focus on developing second layers to put the EVM on instead of messing with the base chain.

>>10712946
that thing they give to people using coinex? have you bought a lot and have they been dropping in value?

i see that they are listed on coinmarketcap but the graph is empty
https://coinmarketcap.com/currencies/coinex-token/

Is there anything better in life than Chainlink?

>>10512786
>"Or do they really suck old cocks"
>literally called "two lips"

Is Link still

Should I put my money on fomofive or on the new fomo3d that starts on friday?

>>9652060
in theory that sounds plausible

Is it a fundamental flaw in crypto currencies that they are deflationary?

Technically shouldn’t money straddle the fine line between too inflationary and inflationary enough that people spend?

In crypto, who is going to spend BTC or ETH when many people will hold it because they speculate it’s value to go up. The only ones that actually spend it are the uber libertarians. Most of us are interested purely to make money.

Although the US dollar is inflationary, it inflates enough that it’s essentially pegged to a value and is meant to be spent.

Isn’t this a problem and why crypto will never be adopted? Pretty much we all flooded to this market to make
money off speculation, and made it so volatile that it’s hard to be used.

>stocks
>company does good
>value of it goes up
>company does bad
>value of it goes down

>cypto
>no value
>goes up an down when it pleases

>MakesPepeThink.jpg

Please enlighten me on how stocks are just as much of a gamble as crypto that /biz/ keeps saying.

Wait a minute.

We despise boomers because they seemingly had an easier time in becoming "succesful" and living decent lives. We currently have it harder than them.

Yet we're going balls deep into crypto because it's easier than wage slaving your whole life, to have a seemingly easier and decent live.

So, we despise the boomers, but we want to become them? Am I getting that correct?

Stop hating the boomer. Embrace the boomer anon. Be one with the boomer.

>>9351785
>quit my job
>now running my own side business
is it a side anything if it's all you do?

Something I haven't seen people discuss on here with respect to LINK is whether the supposed partnership with SWIFT could be an issue.
What if XRP becomes a giant in the international money transfer space? What if another emerging player in crypto takes over? They could very well create their own oracle solution which would be an issue. Thoughts?