/biz/ - Business & Finance

>>7791783
No. Here's why:

The more LINK your node has, the more your node gets used, the more money you make.

Anyone who's serious enough to operate a node in the first place will want to be paid in LINK to enjoy the benefits of compound growth.

It's like holding stocks: you can choose to take the dividends in cash or automatically reinvest them. Getting paid in LINK is the latter.

So even if it's possible for node operators to get paid in another currency - ETH, say - I'd guess that the vast majority would prefer to get paid in LINK anyway.

Getting paid in LINK = reinvesting dividends

>>5994020
>We are uniquely situated in history as being able to retire (and I do think most of us will make it), because we were around for this.
At first I thought there's no way the market could continue like this because a large percentage of people my age (26 or so) would be able to retire at a ridiculously early age. But I now realise my perception of what's normal is skewed by /biz/ and what I'm like personally.

1. While everyone knows about bitcoin now, most people haven't heard of specific altcoins - even the most famous ones like Ethereum
2. Many people are too dumb to get into crypto at the minute
3. Many people are too dumb to save more (and therefore be able to invest) more than $100. Yes, I know this sounds mad, but $100 is a lot to many young people
4. Even among the people who are smart enough and have the disposable income to invest in crypto, most won't because they're scared of the risk. I told two friends from university who now work in accountancy and told them about Ethereum back in February. I was talking to them again recently and asked if they'd invested in crypto yet. Both said they don't want to because it's too risky. These are smart(ish) people but they just don't have that mindset to take a risk - even on something with the incredible upside potential of crypto. They'll only invest when mainstream media starts saying it's a good investment and when they can buy it from 'safe' investment platforms like Hargreaves Lansdown (UK here) or invest in crypto ETFs as part of their pension (this is when you want to sell, btw)