/biz/ - Business & Finance

Cause chainlink will devalue eth

>>52462203
Pedalik just the rest of crypto retail isn't aware of chainlink's capabilities, thanks to sirgays fantastic marketing strategy

>>52462203
probably doesnt even know what chainlink is cause the team sucks at putting it out there.

>>52462203
Chainlink completely fucks up the value proposition for centralized exchanges and even for blockchains like ETH because of off-chain computation. People paying huge premiums for data about token movements alone, are about to pay the cheapest possible price for decentralized truth about shit that matters in real life.

>>52462603
This.
It's funny. Because link is both run like garbage, but also CLL as a company prints so much money that having a piece of its ownership would be incredible, despite how poorly its ran.
Yet the token itself doesn't expose holders to the upside. Most of that goes directly to CLL.
The potential is there. The reality is just sad(unless you have a direct stake in CLL).

>>52462407
>>52462603
>>52462686
>actively tries to undermine LINK
>thinks it's not worth the $32M ICO
>proposes UNI to become an oracle token
>is currently working with CZ to build a Proof of Reservation
notice a pattern, retards?

>>52462203
fucking pedo freak

>>52462203
Because LINK and CCIP will take a lot of revenue from ETH as I understand it. Its more profitable for ETH to exist with it's current shitty system.

>>52462203
Link is the MEV mafia killer
Vitalik runs with the MEV mafia
Thats all there is to it
Remember vitalik praising MEV when ari juels was saying it was plain theft

TLDR vitalik is a faggot who created a fale narrative for himself just like sbf (ans thats why he defends him)

>>52462203
the real question is who even likes Chainlink at this point
nobody talks about it, nobody promotes it, nobody references it
it's fucking dead

>>52462203
holy shit imagine holding a json parser token in 2022 after seeing Sergey get publicly humiliated by schmidt

>>52462203
I know no one will remember this, but there was once a conference where Vitalik was on stage and Sergey was grilling him with questions and basically saying that the development on ETH was to slow (think about at least 4 years ago). Think they both got angry with eachother.

>>52464040
>Sergey was grilling him with questions and basically saying that the development on ETH was to slow
lol, how the tables have turned

>>52464040
Post it if you can find it

>>52462203
Because its an anagram for China Link. A code word to link with CZ.

>>52464074
https://www.youtube.com/watch?v=FdiJCvYfVHQ
interesting part around 33 minutes

>>52464004
i like Chainlink

>>52463985
MEV is a big reason but their feud goes back many years. It started in WoW according to legend

>>52462634
My nigga right here gets it

>>52462203
Chainlink had a diversity meeting and likes the WEF

>>52462203
Crypto just isn't big enough for two Russian bvlls. One of them has to go and they both know it.

>>52464004
As much as I like Chainlink, we all know that evil always win in real life, specially when there's a bunch of money and power behind it. So Chainlink is dead... still not selling though

>>52463985
>Link is the MEV mafia killer
>Vitalik runs with the MEV mafia
>Thats all there is to it
/thread

Vitalik is on SBF’s side with everything that’s happened to FTX. Why would anyone trust him?

>>52462634
There are other chains, that vitalik actually likes that are gasless(free) and can pull data from web 2 into web 3. No one uses chainlink and no one everywill. Chainlink was and always has been a middle step in evolution- it will be a side note to history. Not to mention when we talk about chainlink we need to talk about the protocol or the token, they are totally different and one isn’t even needed if adopted, which it won’t be adopted

>>52467000
>There are other chains, that vitalik actually likes that are gasless(free) and can pull data from web 2 into web 3.
There are 0 (zero) projects that can trustlessly pull off-chain data with the same security guarantees as Chainlink. If you think the problem is trivial you don't understand the problem.

>>52462713
Nope, I don’t- go ahead and spell it out for me, just sounds like vitalik understand how useless and over valued link is.

>>52467022
I fully understand link, so does vitalik. It’s not important and never has been and never will be. Oracles will spring up everywhere and you’ll still be saying bbbbbut muh verified data guys??!!’
You link faggots have to stop thinking you’re the smartest people in the room, it’s annoying, it’s untrue and you’re all a bunch of midwits

>>52467078
Solvency is the difference between life and death of a protocol. To say this is not important is completely moronic.

>>52467078
>Oracles will spring up everywhere
2 more weeks?

>>52467078
Are these “Oracles springing up everywhere” in the room with us now? Kek.
How many integrations do it’s competitors have?

WTF why would he post this??

>>52462203
Charlie Mungers strategy for being a traffic controller in the airforce was to ask "how can I kill these pilots" if he knew how to kill them he also knew exactly what to do to not kill them. I think some people who are declared gifted or geniuses just naturally think in terms of reverse engineering combined with problem solving

>>52462634
I concur

The real reason is they are both brothers of the WEF competing for daddy Schwab's approval and affection.

>>52463985
arbitrum has a kike as part owner. i dont trust kikes and neither should you

Presale anon here. After /biz/ overloaded the pre-sale pools, chainlink had a small ico where basically nobody could get in. Redditors complained calling it a scam ico. Vitalik, being a redditor, likely saw those posts before making his 32m is too much post. Keep in mind this was when complaining about overvalued icos was a hot topic. People were also using an old vitalik post about smartcontract.com to shill link. That seemed to piss him off.

Vitalik link hate is exaggerated, but he did spend a lot of time promoting shit like auger over it.

>>52464206
Shill

>>52467000
>There are other chains
>fails to name a single one
Many such cases

>>52462203
I don't think he hates chainlink, I think he hates us. linkies are a different breed of autism than the kind vialik has.

>>52468160
>Vitalik link hate is exaggerated, but he did spend a lot of time promoting shit like auger over it.
He was fucking on stage with Sergey when he promoted Auger just to piss Sergey off. He promoted Uniswap creating their own oracle because he seethes that Chainlink is creating a monopoly all must use to enter web3.