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/biz/ - Business & Finance

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18060872 No.18060872 [Reply] [Original]

AHAHAHAH THEY LITERALLY FAKED A PANDEMIC TO GET US TO SELL OUR LINKIES

WHO ELSE HELD THROUGH IT ALL?

WHERE THE TRUE MARINES AT?

>> No.18060905

>>18060872
I sold at 3.80 and shorted these stinkies

>> No.18060937

>>18060872
sold at 4,8
bought back at 1,9
thanks marines

>> No.18060990
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18060990

>>18060872
Holdin since 2.18, bought another 6k and .1 btC with money I made shorting the spy. Still have another 20k to dump in to link before I'm done pamping eet.

>> No.18061099
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18061099

I held through the legendary dump to $0.00001 on binance. I am unstoppable.

>> No.18061739

>>18061099
>drops to zero
>still doesn't sell
you're gonna make it

>> No.18061780

the dumbest fucking idea in the world

every financial institution and ethereum were going to use centralized oracles; which are faster and more reliant than people give credit for.
But then comes along fat fuck sergey who payed off SWIFT with NxT money to use their logo
>YOU DONT WANT CENTRALIZED ORACLES
>CENTRALIZED ORACLES COULD BE HACKED
>BUY DECENTRALIZED ORACLS :DDD
so then, every single centralized oracle project, technology that could deliver data at instant rates without costing companies anything, all went bankrupt because MUH DECENTRALIZATION.

but one problem
CHAINLINK IS NOT DECENTRALIZED AT ALL
Sergey had gotten an endorsement from SWIFT without Chainlink network even being built. They literally sold them on the idea of chainlink, but not the actual tech.

As more time went on, ChainLink was revealed to not actually have some advance clever technique of decentralized information; they are just going to take the average of multiple sources and say thats the official answer.
This is where a LINK token comes in. Whoever owns the most amount of LINK, gets to decide what source is the most accurate. Anyone who owns enough LINK can cancel out sources for the ones they feel is most right. So, in order for chainlink to work, banks would have to have billions of chainlink at all time to make sure there is no rogue source of data.

And heres the kicker, the way this network works is you have to pay fees in chainlink tokens to process data. Thats sergeys solution to prevent rogue bad data from getting through, make it so the data processing fees is so high, only the right data source can pay the fees.

Halfway through this abomination of a project, Sergey realized
>oh fuck, any random neet can own a bunch of LINK and corrupt the data
so Sergey implement KYC centralization; so that no banks have to use any data from a source that isnt KYC centralized. This means banks will only be trusting other banks for information since they have KYC
So basically; centralized

>> No.18061798

>>18060872
You are the saddest humans who've ever existed.

>> No.18061961

>>18060872
DR;
NS