/biz/ - Business & Finance

[Anonymous No.14165739]

Most experts say you make it when you have 25x your yearly expenses in a well diversified portfolio and can withdraw 4% yearly, covered by your dividends. What's your number, anon?
>t. 750k Euros + a house big enough for a big family

[Anonymous No.14165752]

Funny you made this thread about making it with that funny gif...

By now we already know a lot of ties between Microsoft Azure (Cryptlets) and Chainlink. Sergey owning domains, John Marley Gray sharing the stage with Sergey, citing TownCrier in patents, working on similar topics (oracles and TEEs), etc etc. Now here another important figure comes in the mix. People who attend Chainlink Meet-Ups like the one in NY or SF or Texas for that matter may know Brook Daniels as one of the more prominent community members. He's a freelancing developer and yes he happens to be gay, doesn't matter. Here's footage from a Chainlink meetup in 2017.

https://www.boyfriendtv.com/videos/338291/matthew-evan-skyler-devoss-brook-daniels---chain-link-fuck/

Brook is the guy on the left. Check his shirt.
>HCO
https://www.microfocus.com/documentation/server-enterprise-edition/serveree60sp2ws2/Server%20EE%2060%20SP2%20WS2%20Windows=1=Web%20Help%202016%20(MF)=en/GUID-59966801-D685-4175-B1ED-44089C74BF70.html
>Chain Link in the title
>Microsoft
>middleware software
Your turn to connect the dots.

[Anonymous No.14165806]

>>14165739
THIS IS CHAINLINK RELATED ANCIENT PICTURE!

[Anonymous No.14165844]

>>14165739
>if you can withdraw your yearly expenses from your portfolio without affecting said portfolio you have made it

No shit bro, if you have 50x your yearly expenses in a portfolio you only have to be able to withdraw 2% covered by dividends to cover your expenses, what's the point of this statement?

[Anonymous No.14166729]

I need 1.8 million dollars.

>Net worth is only $515,000

Fuck.

[Anonymous No.14166844]

>>14165752
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 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 Etherum hit. Happy gambling though anons.

[Anonymous No.14166920]

>>14165752
wtf