/biz/ - Business & Finance

Its simple. You put all of it into Chainlink.

>>20360215
you may be two figures off

if you've been browsing here at all since september 2017 and you don't know the answer to that question, you're at least borderline helpless
otherwise, read

34, 4750 Link, bought at 0.50c

>>15716850
pic related...

smart contract usage won't be for shit like your biweekly paycheque (yet). the people who want smart contracts are the banks and whales, who are dealing with hundreds of millions, if not billions of dollars. they don't care about minor fees. they want security above all else, in situations where the counterparty would normally have incentive to fuck you over (eg credit default swaps)

>>14705226
Attention dear (((market maker))), I have an announcement to make:

*AHEM....*

I

AM

NEVER

FUCKING

SELLING

&

MY

LINKIES

STAY

SUPER

STINKY

IN

COLD

STORAGE
-----------------------------------
N E V E R S E L L I N G

E

V

E

R

S

E

L

L

I

N

G

>>14654839
Attention dear (((market maker))), I have an announcement to make:

*AHEM....*

I

AM

NEVER

FUCKING

SELLING

&

MY

LINKIES

STAY

SUPER

STINKY

IN

COLD

STORAGE
-----------------------------------
N E V E R S E L L I N G

E

V

E

R

S

E

L

L

I

N

G

What are some of your favourite posts or associated research youve discovered around Chainlink? I'll start.

>>14163146
I think a lot of people are missing the point on this. The main advantage of something like link in the derivatives industry is security and reducing the cost of trust (think credit default swaps). The people who would be interested in link at first don't really care about speed (although in many cases smart contracts could be faster), they want to ensure that they will get payed. They don't want the hassle of lawyers and court cases which are often necessary under the current system.

>>13889721

What have you been up to, anons?

>>13835350
kys

>>13829531
>>13829554
just remember you were warned.

>>13802711
>thinking things like weather will be the first use of link
just remember you were warned

>>13776329
No.

Hold it. Watch it grow in relation to the industries that need to reduce the cost of Trust.

>>13771561
Chainlink ultimately reduces the cost of Trust.:
Its a smart contract protocol enabling Decentralized Oracles that allow people to build Smart Contracts with the ability to communicate with external onchain and offchain sources of data, a use case whose implementation can facilitate and power financial products like derivatives, insurance products and supply-chain trade finance products.

It’s value, again, is ints it’s ability to reduce the cost of Trust.

>>13746716
but then it's centralized and useless. the whole point of link is reducing the cost of trust.

>>13701713
Here's the spoon. Now eat you dumb motherfucker.

https://link.smartcontract.com/whitepaper

>>13683350
based and linkpilled

LINK $1K EOY

>>13658796
We don’t want retail retards buying our bags. BTC done been there and did that. That’s lunch money -We aren’t holding out for people like ourselves.

We’re holding out for global machinations of commerce that make or break entire economies due to misplaced trust.

Watching every transient shitcoin pump except for LINK, made my plumbs plumper than usual: retail retards squandering their meager wages on shit that won’t amount to shit in 5 years nor decades down the road.

Anybody sitting on 1K is unironically gonna be comfy as fuck.

>>13671762

>>13664676
kek I remember when the FUD was actually decent. it's gotten so sad in the last 6 months.

>>13664657
>why not use a stablecoin for collateral nstead of a volatile erc20 funding token???????
pic related

>>13650443
get in while you can. the smart contract revolution has slowly begun.

>>13650679
based