LINK is great tech

[Anonymous No.15493489]

But buying the token doesn't mean you're buying the tech, retards. Banks that use the link oracles will use their own data feeds that will not need any staked link for "collateral". The link token is nothing more than a funding token for Smartcontract Chainlink Ltd. You are not getting rich off of it.

[Anonymous No.15493510]

>>15493489

[Anonymous No.15493513]

>>15493489
pls delete

[Anonymous No.15493520]

>>15493489
Chainlink its not XRP

[Anonymous No.15493550]

>>15493489
You don't understand chainlink

[Anonymous No.15493560]

>>15493489
>The link token is nothing more than a funding token for Smartcontract Chainlink Ltd. You are not getting rich off of it.

Fundamentally true.

Every ICO that claimed their shit token was anything more than a fund raiser, has proved to be a bare faced lie.

[Anonymous No.15493674]

>>15493489
Weak fud
There is no good reason for banks to use decentralization if it doesn’t include trustless execution of settlement conditions including penalties of some kind.
The real fud is that banks do need a token, but they are using the shadowfork erc-667 token as the collateral token.
Now I know you are going to say that the shadowfork is fud, but read further and I’ll circle back. Link has value on the mainnet but not on the shadowfork. Same tech, which is why the papers are release by CL such as mixicles.
Everyone, the CL team, the shadowfork stakeholders (every big one connected through breadcrumbs especially the banks) all overestimated how quickly they could finish this stuff. I’ll answer the “is this stupid shadowfork fud” no it’s real. It’s not called the shadowfork obviously, it’s just referred to as the oracles, all the same terminology but you have to understand that this project is literally the only oracle tech anyone is using.
The real fud is that CL is a crypto project, which is why you see the language the big “partners” use if they do mention link carefully leaves out the fact they themselves will not do the bulk of their payment settlement and future automation contracts on the CL mainnet. CL mainnet is for crypto stuff, and crypto derivatives. The “shadowfork” as /biz/ calls it is where non crypto/coinmarketcap shitcoin CL partners like SWIFT will do business. Sergey is not screwing linkies like Req did, the shadowfork is a fork so your Chainlink tokens do have value on the shadowfork, but most anons are going to be disappointed when they realize that the shadowfork is still underdevelopment (same stage as CL mainnet) but that a certain amount of link (several billion) can be minted for a certain period based on a consensus based voting mechanism using a snapshot of CL holders upon launch. The delay is not just link/shadowfork related, look at the news about banks being too slow with developing their APIs.

[Anonymous No.15493684]

>>15493674
Correction: when I said link can be minted I meant the other erc-667.

[Anonymous No.15494010]

>>15493489
it's actually very bad tech. It's not decentralized and has got almost no developer adoption since the mainnet launch months ago.

The tech is objectively not "great" at this point

[Anonymous No.15494029]

AHAHAHAHAHAHHA CODE IS SHIT JSON PARSER ... AAAAAAAAAAAAAAAAHAHAHA WE DID THOSE KIND OF CODING IN MIDDLE SCHOOL FUCKING TARDs

[Anonymous No.15494045]

Man. I better sell my link stack. I’m so glad I ran into you guys. I was the close to just holding forever.