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13992697 No.13992697 [Reply] [Original]

What's the purpose of a LINK token when its price is dictated by BTC? Wouldn't volatile prices of the token fuck up the network in a way?

>> No.13992710

The only reason it's current value is dictated by BTC is because it's pure speculation right now. Once the actual use cases are up and running a value reflective of the collateral for contracts is a requirement, that's what the price theoretically will be based off of.

>> No.13992740
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13992740

>>13992710
What happens if the data being provided is malicious? Let's say an IoT on child slaves or child porn? Could CP be relayed over the network some way?

>> No.13992757
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13992757

>>13992740
I guess we'll just have to do something about that then, won't we? After all, those years of accumulation weren't for nothing were they?

>> No.13992876

>>13992697
I don't think a tokens price will be dictated by BTC's price much longer. You are already seeing tokens outperform BTC, and also there are more fiat on ramps. I think regulation is becoming more clear in some places, which is one of the main factors that moves the whole market.

Would it make any sense in the stock market for one stock to hit an area of key resistance and crash the whole market when it experiences pullback? no that would be fucking retarded. As crypto matures, we will see prices indicate their potential real use/real use and not BTC's current price.

>> No.13993012
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13993012

>>13992740
>>13992757
Link will help us close the gap between satanic pedos

>> No.13993141

>>13992697
Link is decoupled