/biz/ - Business & Finance

>>20203385
I don't know man.
Even just trading sometimes feels like a hassle because of the taxes and the time it takes. And for 95% of people having a hash code as a wallet address rather than something like a name + number is confusing and doesn't make sense.
In the future probably yes, but from an evolutionary standpoint, the tech is too divided and noone has any idea what's the best for a real use case.

>>20203752
This just means the meat and potatoes of the market is maturing before the normie filter GUI. Extremely bullish

>>20203795
But what happens to BTC, ETH, LINK or whatever when another coin gets to be the normie filter GUI? Do they go eventually to 0?

The Italian banking sector is completely upgraded to blockchain. Oracle is integrating chainlink this quarter. Made their own blockchain Q1 of this year. And the followers are going to be quick to take Oracles hand into the future. You already know this and are just begging for gibs, but that's okay.

Block chain is more of a backend technology so I dun think itll be this normie thing in the way people expect..

>>20203385
Another one falls for the cryptocureency meme...

>>20203385
You wouldn’t see it would LINK cause it an enterprise solution you dolt.

>>20203894
I;m gonna put my frontend tech in your backenf you little bitch

>>20203872
>The Italian banking sector is completely upgraded to blockchain
Source bro?

>muh mass adoption
only retarded redditors worry about this, crypto will never be used as payment by normies. no one cares about tps and stuff like that
crypto and smart contracts is where it's at, normies will use blockhains without even knowing it

Nah, fiat is never gonna get replaced.

T. https://youtu.be/zBVggGXGxxc

>>20203860
>when another coin gets to be the normie filter GUI
Chainlink IS the normie filter GUI. What the fuck do you think we've been talking about for the past 3 years?

>>20204067
We’ll prob get a digital us stable coin from the gov though. Kind of need that to do the internet of value thing.

>>20203385
How often do you see TCP, UDP, HTTPS, etc advertised?

yes

If my ID is green and ends with "M", chainlink adoption will begin Q3 2020.

>>20203983
wtf is a google. mamamia!!

>>20204067
This. It won't be trustless by individuals. They will still be trusting institutions. But institutions and companies will be running on trustless networks and will not need to "trust" one another. But individual users will likely still be be trusting...like using a lite version of a wallet. A bank may have custody of your "account" for you, but it will be on the network.

>>20205287
FUCKING CHECKED. GREEN M 1000 EOY

>>20203385
yes but it wont look like crypto
it will be a phone scan with crypto as the backend
hence the importance of link and why bitcoin is completely useless dogshit that the banking system is already superior to

>>20204067

Ding ding fucking ding

>>20205500
cringe

steam briefly accepted bitcoin which was p cool to see

>>20204067
This. If you're in link and haven't realised this then you're not actually doing any research. No-one is going to use link to fundamentally buy a cup of coffee.

>>20205465
Bitcoin was a wildly successful proof of concept. Were the basics of this even possible? Now we know the answer: yes it is. Now we need to build on that, and we did with Ethereum and smart contracts. Ethereum proved you can run a decentralized smart contracts platform. But Ethereum was also a proof of concept and can't scale. It is yet to be seen if Eth 2.0 will solve the issues, if not, perhaps Cardano or another next gen blockchain that will provide the scaling necessary for adoption.

>>20205427
maybe we can use our institutions as like spokes or "lightning nodes" to ensure quick transactions
then we can implement something for quick transactions among trusted institutions...lets call it SWIFT for short
then once we have this we can charge massive fees for every transaction so that autistic nazis can get rich even though they offer nothing to the system
buy bitcoin!!!!!

>>20205664
It's what happens when idealism meets the real world.

>>20205826
not even close
whys btc trying to accomodate regulators
the whole point was avoiding them
7 transactions per second while anonymous is a real value proposition
7 transactions monitored is stone age technology

>>20205500
checked

>>20205541
yikes, cringe & bluepilled

>>20205914
For some people the point was to avoid them. Early bitcoin was a varied group. If anonymity was the point, it never would have had a publicly searchable ledger. It's trivial to trace transactions. Others like Monero and such took the privacy folks. Most others in the crypto space are desperate for mainstream attention and adoption and are willing to deal with KYC and strict regulations to get it. In the end, we will have a glorious 4IR that will transform modern living, but it won't be a phreak's dream come true.

>>20206307
>If anonymity was the point, it never would have had a publicly searchable ledger
i disagree thats for legitimacy
>It's trivial to trace transactions
i dont think so
>Most others in the crypto space are desperate for mainstream attention and adoption and are willing to deal with KYC and strict regulations to get it
what is the reason to use it instead of traditional banking? it seems worse in all ways

>>20206307
and "regulators" is the wrong term
its "central bankers" that need to be avoided though that is pretty much synonymous

>>20203385
Uncontrollable currencies are a risk to those in power
As for the tech, they rarely understand