/biz/ - Business & Finance

>>21883629
Holy fucking shit, this is big.

>>21883629
Oh fuck nice

>>21883629
I’m more excited about their DOT work desu... imagine writing the smart contracts for the Web 3.0

>>21883629
DELET THIS. IM ACCUMALATING

>>21883629
AAAAAAAAAAAAAAA MY LINKIEEEEEEES

>>21883629
Wow....so much wow

>>21883629
Wait, is this fucking real? Holy shit

>>21883629
>Implying I would click any 4channel link

>>21883629
This is fake... right? RIGHT??

>>21883629
WTF I CLICKED THIS LINK AND MY METAMASK WAS DRAINED

>>21883629
holy SHIT

>>21883629
How can I create something like this?

kek theres no way that's real

>>21883629
> I know a few people
No you don't you lying neet

>>21883629
>https://streamable.com/o00ewz

>>21883629
I can't hear that shit about smart contracts anymore. This is the biggest meme concerning crypto out there atm.
You really believe clearing can be replaced by a few lines of code? Ffs you would need lawyers and negotiations to create a smart contract working between companies. Why did you think clearing was needed in the first place. For everything complicated, where smart contracts would in theory bring efficiency, they are not simply applied by some programmer. And for the non-complex tasks they can indeed be applied but they are not really needed, any company interface or program handles eg supply chain tracking. That's the big problem out there that is not understood by nerds, as they lack business experience. No company will pay you with inflated pre mined tokens to execute on chain requests concerning issues like delivery tracking. You're simply vastly overestimate applicability.

>>21884242
lmao "nobody will use the internet" etc

Didn't read, didn't click, just bought more

>>21884242
more like dumb contracts, amiritereddit

>>21884262
Your lack of arguments shows me you came to overthink your opinion. That's good retard.

>>21884368
> Huuuurrrrrr I'm a boomer lawyer and nothing ever changes
Cope

>>21884242
You clearly don't understand any of it. There will still be lawyers. Two lawyers. One on each side. They will hash out the details. The details will be set into a smart contract. The smart contract will do the rest. All the other lawyers will be sacked.

>>21884388
>Hurrr i'm a 13 year lacking basic knowledge about business processes. The linkies i bought with my pocket money have value

>>21884424
Aha, so a bipartisan issue is solved by two lawyers in the coming age of smart contracts. How many lawyers do you think are needed today?

>>21884478
16. One to write the contract, one to draft it, one to contest it, and 13 for arbitration

>>21884447
> Hhhuuurrrr processes change faggot
> Hhhuuurrrr my scam coins are worth more than your fiat
Hhhuuurrrr ddduuurrr

>>21884504
I mean i'm no lawyer and desu i don't give a shit if they would lose their jobs, but just think: Contracts are used in business all the time, and still you need legal settlements and negotiations. And you're assuming this will be solved by some lines of well-written code?

>>21884368
Imagine thinking we have to convince you of anything at this point, you stupid cunt. Continue to miss out, remember to be smug about it, and we'll be laughing all the way to the bank.

>>21884591
Smart contracts are disintermediated EXECUTION of terms and when you understand that you'll stop being such an insufferable stupid dipshit.

>>21884591
Look up docusign and open law you mouth breathing nigger

>>21884626
Well that was clear from the beginning. Now think about how they'll be applied for complex issues and tell us. And don't come with shit like temperature tracking and delivery status. No company needs blockchain for that.

>>21884663
That's a perfect example. Pay shall pay third party expenses, not specified what. Typical case: Disputable positions on expense list.
>Smart contract not executable
No company will give a blank cheque that an auto executing mechanism books money on not specifically named "third party expenses"
It's not as easy as you think.

>>21884734
but what about pee poo using poo pee in removing pee poo and poo poo in pee pee?

>>21884680
Settlement of financial instruments with guaranteed performance upon completion of terms. No deliberate delays to leverage position or wait for market changes, no power asymmetries between a bank/CCP and a market participant, no real need for CCPs at all.
The thing is, I don't have to convince you of shit. You don't have to "believe" any of this, because SWIFT believes it, and it's fucking happening whether you manage to see it before it happens or not.

>>21883629
That is not how you do it fuckhead, here watch. INSIDER HERE, i’ve got some big fucking news about Microsoft and Chainlink. I mean BIG. Sure, you may find out in a couple of days anyways or I can just tell you now. If you faggots can count to ten I will spill the beans (metaphorically of course). You have 30 minutes before I go to sleep and stop giving a fuck. GO

>>21884777
Well sorry if that's too high for you, but it's indeed about the details when you make a contract between two companies. Maybe you skip this thread

>>21884893
Post ‘em

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>>21884111
samefag