/biz/ - Business & Finance

[Anonymous No.10804001]

I'm actually more qualified to talk about this than most anons.I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto.

Now I can already hear your keyboards going frantic, but hear me out. /biz/ hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust.

'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have high reputation, but in real life not on a computer screen.

The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world application' hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Eth hit. Happy gambling though anons

[Anonymous No.10804010]

>>10804001
You just killed half of /biz

[Anonymous No.10804053]

>>10804001
weak fud you brainded faggot retard

"If it ain't broke, don't fix it!" same thing with fax machines right you fucktard? boomer logic doesnt apply when your saving corporations millions of dollars and thats the bottom line sucka!! lay off the sips

[Anonymous No.10804142]

>>10804001
Is this you DESU

[Anonymous No.10804159]

>>10804001
This.

Do you Linkies honestly think that a bunch of businesses all around the world are going to use a decentralized oracle network developed by a morbidly obese russian philosopher that is basically run by a cult of NEETs from a racist anime/meme forum who call themselves "The LINK Marines". You really think this shit is going to $1000 one day? In what fucking universe is this sequence of events even remotely possible to actually happen? Wake the FUCK UP Linkies, you're seriously D E L U S I O N A L.

[Anonymous No.10804178]

WE ARE ALL IN THIS TOGETHER

DO NOT UNDER ESTIMATE THE POWER OF POSITIVE THOUGHT! ESPECIALLY COLLECTIVE POSITIVE THOUGHT!!

THIS SHIT IS GOING TO REACH $1,000 EASILY! HOLD THAT THOUGHT AND VISUALIZE IT IN YOUR MIND EVERYDAY AS OFTEN AS POSSIBLE STARTING NOW AND IT WILL MANIFEST INTO REALITY. DO IT! I'M NOT JOKING!

VISUALIZE AS OFTEN AND AS DETAILED AS POSSIBLE!

[Anonymous No.10804194]

I feel like chainlink is a brain expanding meme
You have no linkers
Then linkers because of memes
Then no linkers because of the possible reasons why it wont have growth
Then the anons who understand where this project can go

[Anonymous No.10804246]

and im just here plucking the hairs inside my ass cheeks