/biz/ - Business & Finance

>>49541057
too late, all crypto will crash to 0

candida fungus is really annoying
wonder if someone have a final solution to this

>>49541057
The scam gets bigger and bigger by the day

>>49541057
>Meta

>for the past two and a half years, JPMorgan has quietly been exploring digital identity in the context of blockchain and digital assets. “If we can put this identity layer in front of DeFi that enables KYC-based access, then each of those protocols should just naturally be able to support institutions without necessarily having to make too many changes to what they’re doing,” Lobban said. “Do we have to set up separate permissioned pools and make changes to the existing protocols? Or can these things work out of the box?”
uhmmmmmmm

should I go all-in Everest ID right this instant?

>>49541057
$1000 link really is fud

>>49541057
I’m going to assume my original analysis was correct, and they are the premier abstraction layer implementation.

I guess smartcon is our next thing to look forward to. 3 months. If we’re getting anything then, I’d expect this dump to be the so-called “suckers rally”.

>>49541152
Fellow ID chad? Unironically been collecting screengrabs of people talking about it early so I can make a compilation like I did for link when link sent. Going to add your post to it. See you in a few years future rich anon.

>>49541057
trying to dodge the dollars downfall eh?

>>49541057
$200 in 2024

>>49541176
well obviously this is related to CanDID not Everest, but still

also for newfags, watch this https://www.youtube.com/watch?v=gkRXPVUmEJM

I don't see how this concerns link?

>>49541347
OP pic is literally spoonfeeding you

learn what is an abstraction layer

>>49541176
ID marine here. I bought near the top right after launch and paid almost .70 per everest.

so what your sayin' is, avax will be worth 1k a token much sooner than expected.

>>49541112
nystatin?

>>49541375
The pic can be referring to anything, just because the OP posted a picture of link right below the article, doesn't mean the article concerns link.

>>49541152
>>49541176
Can you fine fellas fill me in on the tokenomics of this project?

>>49541112
>final solution
say no more

>>49541347
tyrone lobban is one of the coauthors of candid

>>49541422
>candid
What does candid have to do with link though? Is it speculation or is there a direct connection?

>>49541435
anon it's LITERALLY right there in the pic

do you know what's DECO or Town Crier? do I need to shove the spoon in your mouth myself?

>>49541435
>What does candid have to do with link though? Is it speculation or is there a direct connection?
half the co authors are chainlink r&d and chainlink owns the patents for deco and tc
https://chainlinklabs.com/

24/7 stocks?

>>49541475
spoon me bro newfag here

>>49541482
So CanDID is a white label?

>>49541057
i have a feeling it will end up building on Hedera
they already have more than one bank and multiple billion dollars institutions on their council
Plus HBAR foundation is bolstering the Hedera DeFi ecosystem with a massive $155 million fund so yeah

>>49541495
literally and unironically just read the old threads on warosu, it's all there

>>49541347
buy chainlink. acquire at least 1000. you're good to go.

>>49541152
whats the other project that was doing 'proof of humanity'? i think it was tied to kleros somehow?

>>49541527
no just tell me

>>49541057
Thinking of going all in on LINK, should I do it?

>>49541542
Do you honestly think Chainlink being 4 digits plus is remotely viable?

Can't take any more good news. Price is going to drop any minute now

>>49541552
sneed

>>49541571
lmao your doing it wrong shill

>>49541508
I agree, too bad HBAR is still a terrible investment

>Jewish global megabank wants kyc social credit score """defi"""
Wow that sounds so new and exciting

>>49541378
ouch bro. how big is your stack?

kek now the price is the same as it was years ago and the shills ask newfags to go read archives

THE ABSOLUTE STATE OF GATEKEEPERS

>>49541495
deco/town crier; chainlink holds these patents.

Pretty much if you see anything talking about decentralisation and middleware authored or co-authored by "Ari Juels" or Cornell anything it uses chainlink.

Very bullish to see one of the bigger industry players moving ahead with this. The issue with something like chainlink was always that even if it is cheaper and more secure than the legacy systems if nobody uses it there is no need to risk adopting it as long as the direct competition of any company that could use it doesn't.
The second any of them adopt it the others are forced to do the same to prevent losing customers as they would be significantly more expensive and less secure than these first movers. Now that JPM is going ahead with this it means that the other industry players will be forced to dive in after them to prevent being left behind.

>>49541546
its app.proofofhumanity.id and it uses kleros. looks pretty gay desu

>>49541620
I will most likely get a 2k+ stack thanks to the price action (currently 1.3k)
Sugma

>>49541561
>viable?
It’s inevitable

>>49541152
Ehhh Polygon is doing decentralized ID shit now as well and isn't headed by an incompetent grifter (instead by a horde of pajeets). Everest is only good as a high risk bet if you are hoping that people want to jump on the ID bandwagon, they aren't going to deliver anything useable.

>>49541631
Disclaimer: This post contains statements about the future, including anticipated product features, development, and timelines for rollout of these features. These statements are not guarantees, and they involve risks, uncertainties, and assumptions. Community participation is necessary to conduct this next phase of testing and development, which will depend on successful testing and validation at each stage. Any contributors who choose to participate in the initial implementation do so at their own risk. There can be no assurance that actual results will not differ materially from those expressed in these statements, although we believe them to be based on reasonable assumptions. These statements may not reflect future developments due to user feedback or later events and we may not update this post in response.

>>49541644

>>49541057
what defi projects will institutions use?
aave?
compound?

>>49541689
ROSE.

>>49541176
>A few more years

>>49541689
Companies like JP Morgan will build their own platforms using Chainlink CCIP and oracles as the bridge to defi.
These big companies aren’t going to use bullshit like Aave

>>49541672
Claimer: This post contains statements about the future, including anticipated product features, development, and timelines for rollout of these features. These statements are guarantees, and they involve no risks, no uncertainties, and no assumptions. Community participation is necessary to conduct this next phase of testing and development, which will not depend on successful testing and validation at each stage. Any contributors who choose to participate in the initial implementation do so at no risk. There can be every assurance that actual results will not differ materially from those expressed in these statements, although we believe them to be based on unreasonable assumptions. These statements definitely reflect future developments due to user feedback or later events and we may fail to to not not update this post in response unless we don't.

here's the full quote
was the only good thing from all of consensus

>>49541057
Nice crumbs OP. Thanks

>>49541057
They would need the central banks to let them directly tap government debt issuance, except the benchmark rate pays little and doesn't contribute to demand for debt issuances.

I see what we've had the long dead do for us here.

They would need a pre-order debt issue purchase window.

>>49541600
Not very big. I threw like $500 in it. I did the year staking, which is probably almost up or might be already. The APR was 49%, so maybe if I stake a few more years I'll break even, even if the price doesn't go up.

Reminder that pic related happened a few days ago as well.

>>49541546
Its called proof of humanity, where you front end dox yourself and get judged by the Redditors of the Kleros court. Everest is building a private identity solution with a liveness test.

something something RVP

>>49541662
Polygon isn't true ID. DID has flaws and Everest is an actual custodian of crypto and fiat.

programmable stablecoin and an MPC opened wallet with your biometrics.

Polygon will have to give someone custody for their DID.

If you really want to learn about the flaws in DID and how a true identity solution works I'd recommend watching this.
https://youtu.be/EISCmVcLxYs

>>49541727
anon you know rosies are getting called out everywhere for their scam.
Dawn Kwon soon

>>49541057

Got the chills reading this. Thanks OP

>>49542243
What is significant about Infura?

>>49542463
https://www.coindesk.com/business/2022/03/02/consensys-ag-shareholders-file-for-independent-audit-of-metamask-infura-transaction/

>>49542463
jpmorgan own it

>>49542603
>consensys main entrance
kek

>>49541152
>defi
>kyc
>institutions
One of these things is not like the others

>>49542828
>He doesn't know

>>49541057
almost $5. no one cares.

>>49542974
Your mom stupid nigger.

>>49542243
This is creepy

>>49541112
Kefir, homemade (not store bought pasterurized)

>>49541152
Based everchad, entered a position a little too early but I've been DCAing ever since. Anyone who doesn't know what they have coming is going to get their shit pushed in when the entire narrative is flipped on crypto due to all the incoming regulations not to mention the fact that they're the only project out there building an eKYC layer that doesn't rely on legacy identity documents.

>>49542828
oh no it's retarded

I get liquidated at 4.50. I'm going to lose everything and then LINK will moon.

Worst fucking timeline.

>>49541057
Bullish in a bear market.

>>49541073
nah, this is the final stage in making crypto anti-fragile, it is going to implode and then rise to higher highs than ever before. check em

>>49544617
this man knows! they rugged UST on purpose to bring in regulation and Bob knew ahead of time

>>49541112
Sounds like a job for BSV

>>49544099
This reads like a paid shill post

>>49541057
>kyc
no thanks faggot

>>49544763
KYC is coming whether you like it or not, will be privately controlled ID + Zero Knowledge Proofs but thats probably still too much for you.

Anon-DeFi will still exist but it won't have sophisticated commerce and be home to a bunch of rug-pull scams and nothing of real value.

>>49544687
I could really care less if you buy and in fact hope you do not, now fuck off

>>49542781
Ask me how I know you live with your mom

>>49545387
>I could really care less
So, what are you waiting for?

>>49541057
Ow shit. This means STA is going to $1000 EOY.

>>49541057
of course they do
https://protos.com/consensys-lawsuit-jpmorgan-owns-critical-ethereum-infrastructure/

>>49547074
based pic

Will 1925.34653273 Chainlink tokens (ticker: $LINK) be enough to purchase a comfy apartment in Tokyo and have enough passive income to retire off of in the next 2-5 years?

>>49544331
Yep you are going to get liquidated on the precipace of the most insane run in LINK ever.
Your ownly saving grace is that we are going to go so low that you will still be able to scrap together a suicide stack before we take off. Truly the definition of the market can stay irrational longer than you can stay solvent

>>49547815
If it is I will be asking around the Tokyo Expat community who are LINK holders. We can all hang out in Japan and go look at castles and eat sushi and wagyu together. We will turn Japan into a Eurasian ethno-state and kick the jews out of Japan.

>>49542243
that pretty much confirms it, JP is switching to the CL network
>6.80
can't wait for the market to stop being retarded, trigger will be smartcon

>>49548339
Can we go on cute camping trips to the countryside and visit cool shrines and stuff with our qt nipponese gfs?

>>49541112
baking soda

>>49548430
Yes.

>>49548538
Thank god, finally my real life will begin.

>>49548557

>>49541301
fucking retard
candid is glorified credential sharing (identification)
everest is identity
learn the difference by watching this recent talk by brad https://www.youtube.com/watch?v=EISCmVcLxYs

https://wallet.everest.org/signup-referral/6261D11260

If Ari Juels is so great, right, then how come his decentralised identity solution, CanDID, that he developed with ex-JP Morgan executive, Christine Moy, and other supposed nerds like Fan Zhang and Andrew Miller, right, how come it’s just glorified credentials sharing? Everyone in the identity space already knows that identification does not equal identity, and yet that’s exactly what these supposed mega nerds seem to think. No wonder the price of Chainlink has performed so shockingly when the allegedly smartest people working on it don’t understand the difference between a document issued by a central authority, and an individual’s unique humanity. Thank the All Father for people like Bob Reid, who admittedly might be a goatfucker, but at least understands the fundamentals of one of the most significant issues in crypto today.

>>49541561
inevitable

Under the sea
Under the sea
Darling it's better
Down where it's wetter
Take it from me
Up on the shore they work all day
Out in the sun they slave away
While we devotin'
Full time to floatin'
Under the sea

>JPMorgan hasn't decided what DeFi platforms and counterparties it will work with, Lobban said, but it will be among the recognized offerings.
>“It’ll be from the bench of protocols that you’d expect, battle-tested with high TVLs (total value locked). But we haven't yet worked out which ones yet.”

How long we have to wait? Please, its getting so tiresome

>>49549181
>How long we have to wait?
Fucking September it looks like.

>>49549529
I hope so. I'm afraid it might take even longer since we don't have staking v1 nor CCIP.

>>49548691
They aren't ready to understand and at this point almost don't even deserve this opportunity.

Screenshot this for the future.
anon never listens and ID will be the one to rule them all and on one ring of identity bind them.

>>49541112
The only thing is 0 sugar / carnivore diet
I researched this for years funnily enough even cdc own website has 100s of experiments on candida if you search they all say the drugs don't work as fungus has built immunity except one had a controlled diet experiment with mice
No sugar causes the fungus to withdraw truly hilarious but they left the nest egg cure if you truly want to know
It's just nearly impossible to quit sugar and most foods
The candida helps eat sugar and other things that would otherwise had have killed us
No coffee either
Water and meat

>>49541152
>>49541057
For those who are wondering JPMorgan is going to make their own coin and partner with another one WITHOUT GIVING THEIR PARTNER MONEY.
There will be no profit in anything unless you buy THEIR COIN

>>49541347
This is why I own chainlink and Ethereum. Eth2 will be the place institutions build their layer 2s and oracles will be needed to track physical assets.

>>49550192
This is why your a stupid nigger

N
I
G
G
E
R

>>49541057
>your real-world asset token is stolen
>what happens
so, will they just pay dividends do the thief? doesn't sound like that would be legal. what happens if you die or lose your wallet keys and those tokens sit unclaimed forever? the real world asset still exists
seems like an extremely bad idea desu

>>49541057
They're gonna need oracles for that. Who do you think they'll use?

>>49550157
>without giving partner money
Who the fuck would partner up with them then lmao

>>49541405
Ok so what are they referring at?

everest ID is going to be such a major player

>>49541169
>>49548407
I can't take it anymore will we at least reach ATH in the next 12 months?

>>49551514
I would NOT be surprised if they blacklist wallets or something since you'd probably have to stake it in your centralized service.

>>49551649
retard

>>49541375
The article says specifically they want to avoid gas fees by keeping things off chain.
And this helps STINK how?

>>49542243
good timing the dominos are falling.
I just need to keep sane for the next months.
Can anyone share tips how to not become crazy?

>>49541073
so then they can buy in for free whats the problem?

>>49544331
Thank you for providing the liquidity whales needed to absolutely ravage LINK with dumps for the last 2 years. Time for your reward now.

>>49541112
Turpentine protocol. Harsh but 100% effective.

>>49541152
Monero doesn't give a fuck

>>49541057
The same JPMorgan that tried to make a quantum resistant blockchain with the wrong parameters? I won't trust them unless they collaborate with QANplatform who called out the fault in their blockchain

>>49551803
https://www.crowdfundinsider.com/2020/08/165732-new-york-based-blockchain-firm-consensys-acquires-jp-morgans-quorum-a-permissioned-version-of-ethereum/

https://protos.com/consensys-lawsuit-jpmorgan-owns-critical-ethereum-infrastructure/

They're thick as theives over at Consensys HQ

>>49551883
just think about how rich you will be and stop being a pussy with weak hands
>t. got GATEd and no linking left
hold for me, anon

>>49544331
Why the fuck would you leverage link
Why

>>49552152
keep buying if possible.

>>49541152
Couldn't you do that on Avalanche Subnets, or Polkadot or Cosmos already. I mean what he's describing is basically Ava Labs Mission Statement, the sort of shit John Wu talks about all the time.

>Trillions of dollars in CeFi,
>fuckers can't enter due to regulatory compliance,
>create private permissioned subnets that can conform to jurisdictional legislation to let said fuckers enter.

>>49552335
>why
He wouldn't. He didn't. It's the larp of the /biz addict

>>49549600
When do you think Everest ID will pump massively by this year ? next year? 5 years?

>>49541689

Unironically look into Saffron Finance, the World Economic Forum mentions them by name and they were just in Washington DC last month meeting with a bunch of boomer politicans and regulators

https://medium.com/saffron-finance/saffron-weekly-05-27-22-1dd1a610c05c

>>49552023
Based and monero pilled

>>49541112
Get some of this. Worked for me.

there are rumors that it will end up on Hedera. they already have banks working with them, plus JPMorgan is working with DBS bank which is also on the Hedera council.

It makes perfect sense to choose Hedera especially considering that HBAR foundation already allocated more than $155 million for DeFi development. Maybe they can create another fund towards banking?

>>49551864
You’re a fucking retard

>>49551864
Bruh

>>49552977
https://www.youtube.com/watch?v=Y99tF0kvYyY
This year.

Interesting to note that while consensus was a sell the news event for the most part, it did raise link's floor in sats, and even with Sunday's btc dump link is one of the only alts that actually resisted it. I'll note again, in the 2018 bear market, while btc had a final capitulation in December, link had bottomed in sats by the summer already. Time to get comfy watching dogcoins and other various scams get washed out over the next few months, although don't expect any great price action from link or anything.

>>49548691
>this recent talk by brad
That video is the perfect example of how Everest ID operates in general.

Everything he says makes perfect sense, but then again it's presented in an extremely dogshit borderline meme/scam way with unironic "ngl" zoomer speak in the presentation itself. At all times it seems as a golden opportunity and a complete scam at once

>>49554529
dont buy any then
simple as

>>49554578
ngl, I might just finna cop some Everest fr fr on God

>>49554609
i told you not to shitmuncher

>>49554301
Honestly I've written off the rest of the year. Pretty sure we're looking at 2023 as a bare minimum to start seeing any serious recovery for LINK. Sergey made the genius move of releasing the roadmap for steaking in June 2022. Just imagine if this happened a year ago. Our lives would be so profoundly different that I need to stop thinking about it otherwise I'll kill myself.

>>49541057
This isn't bullish for anything. No one is going to make a damn penny except JP Morgan, they're making sure of it.

>>49554657
memes aside, I am interested in buying in slowly, I am just looking for any signs of accumulation and there are literally none

dead volume, zero liquidity. like 75K daily volume. I guess it's a really long long term play, but I do believe Bob will rape DeFi properly

>>49554798
Bullish for JPM stockholders.

>>49549181
2 more years!

>>49554778
The problem is link's actually attempting to build a legitimate project, not time the market and dump on retail (which is literally what eth did, look it up, they dumped right at the top). If they actually succeed in their goals, nobody is going to give two shits that link had to deal with general crypto market volatility for the first few years. You're always welcome to try to time that volatility yourself anyways, nothing saying you can't. Just don't come crying if you miss it.

>>49554798
It'll probably be another 5-10 years before DeFi has matured enough for it to be trusted to support such assets anyway. At the moment all you read about is Bridges being hacked, Stablecoins imploding etc. DeFi at the moment is like this giant fucking Testnet you're being paid to stress test.

>>49555676
Its built.

>>49541057
Looking forward to millions losing their homes they used as collateral in some sort of defi protocol accident

>>49549155
WHAT DOES THIS MEAN

>>49541057
Sergey must be happy to know that his partner from Swift has been shitting on his project since the start and plans to profit from it after paying for paid fuders for years and dumping BTC on each LINK positive news.
With such allies nobody needs foes...

>>49556416
Everest is a part of the new Bretton Woods

>>49556528
explain please does that mean their programmable stablecoin is going to be the world currency???

the state of shills itt kek GM SERS

>>49541301

GONNA MAKE IT

>>49551864
Aww jeez I dunno if only there were an off chain computational protocol developed by a well known crypto company. If only they released a second white paper detailing how this exact thing would work. Shucks

>>49551864
>how does keeping things off chain help oracles which are inherently off chain?

>>49557318
I will NEVER trust this "canDID" project, look at the brown team members.

Where as the Everest team is 100% White, they are more competent.

>>49558544
wew lad abit racist innit?

>>49559613
You need to go back

>>49556201
Based