/biz/ - Business & Finance

actually interesting that sergey has hinted in multiple interviews that a global loss of trust in established financial institutions may be what it takes for smart contracts get a boost of mainstream exposure. if people suddenly wake up to the fact that banks and governments aren't truthful in their dealings, and that existing agreements are only based on trust, wouldn't smart contracts become rather attractive? interesting.

>sergey keynote begins
>massive solar flare wipes out life on earth

>>51672414
I genuinely feel my sanity slipping away. I’m just speechless at this point. The timing is so absurd I refuse to consider the possibility this is just one heckin’ coincidencerino.

>>51672517
That would be a hilarious way to die so it might happen this timeline

>>51672494
Smart contracts would become anti-semetic long before such a change ever occurred and the normie would stay a mile away.

It is the banks themselves who will seek chainlink, not retail, though it will too, without knowing it

>>51672517
lol

>>51672517
This or WW3

>>51672494
i've been schizoposting too much lately so i need to stop and take a break, but its smartcon eve so i can't.

The alchemical process is broken into 3 or some say for steps.

Nigredo: the breaking down and destruction of the substrate

Albedo: the purification of impurities

Citrinatas: the dawning of the sun, or enlightenment of the substrate

Rubedo: completion and success

So in this paradigm, destruction must occur at the beginning. Solve et coagula, destroy and create.

>>51672494
endgame soon

>>51673728
World War 3 WW3 WWW Wicked Witch of the West Web3 W3 is literally happening right now. We are going through a data and financial war the likes of which have never been seen before. COVID was just the scapegoat, the real war for governments is the data asymmetry between them and big data fagman and the crisis of triple entry ledgers replacing certain central entities.

Do you know how old double entry accounting is? Thousands of years old right?
Name one other thing thousands of years old that really motivates people to feel certain ways...
Ever wondered why non crypto people become irrationally angry at crypto people just for using new tech? Just for playing the lottery and getting lucky? Just for having different units of account and taking custody of their own finances?
>its because they have more than they do
It's because questioning ancient social technologies like double entry accounting provoke a fundamentalist reaction from people kind of like questioning the bible. That's why people have a love hate relationship with blockchains and Web3 is WW3, a data and financial war.

Triple entry ledgers with no central points of authority are the future regardless of whatever unit of account is chosen through mass adoption.

gonna need an oracle for that

>>51673888
didnt read your post but checked the digits
not selling

>>51672414
>comical
Expected

>>51672517
Its due so no surprises there

>>51672517
Would be fucking hilarious. A Massive green candle to 1k and then the absolute end. You sonnofabitch i'm in

>Smartcon Fireside Chat between Sergey and Schmidt
>Schmidt: Chainlink and smart contracts are absolutely vital to a new future and is arguably the most important project I habe been involved in
>3% bump
>followed by -10% dump and crabbing for three weeks

>>51672494
He's been saying that for 5 years now, this is what his famous slides are all about. Today at his keynote he'll show the same slides again. The thing is, maybe today is the day people actually understand what he's been saying for all those years?

>>51675465
I wouldn't count on it

>>51672414
The jig is up bagholders.

>>51672494
This contradicts him working for Swift.
In the short term he needs Swift adoption.

One interesting thing was Powell saying the FED CBDC is one year away from being ready.
This would accelerate the adoption of smart contracts based on the current systems for big institutions who are afraid of using a scam stablecoin.

>>51673888
i dont know what the fuck im reading but holy checked

>>51672494
problem is that people first need to trust the smart contracts and all these exploits and hacks dont help that

>>51673888
Based