/biz/ - Business & Finance

The reason why Chainlink will succeed is passive income. Oracle nodes will be the new miners. The retards are still thinking crypto is about paying for coffee with electronic money. People still don't realize what connecting the real world to the blockchain really means. They still think in terms of mining, in terms of limited crypto-to-crypto abilities. It means connecting strong, existing economies to this emerging economy. It means disruptive business models, real world adoption. Connecting data to databases. If Chainlink only gives stakers a stable 5% ROI, it'll still be enough to create massive FOMO. Now consider how big the data economy is, API, IOT, and how big the industries seeking to adopt the smart contracts are, finance, insurance. You're right in the middle of both. You're the new middleman. They both win, and you win too. The data providers get more profit because data is used more than ever, the enterprises get more profit because smart contracts streamline their processing, you get profit for helping this happen. Everybody wins, then who loses? The now redundant back office workers. Notions such as trust and agreements are the basis of human business and the legal world and about to be completely redefined. This is real world disruption and adoption. This is white collar automation. This is the fourth industrial revolution.