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/biz/ - Business & Finance

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16247801 No.16247801 [Reply] [Original]

So don't worry if you dont understand it and get angry and attack it. It's probably a little above your level.

>> No.16247813
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16247813

>>16247801
It sure is.

>> No.16247885

>>16247801

Makes sense, I will watch it and research more. Thanks for the advice Anon.

>> No.16247914

Origin X Capital scam

>> No.16247919
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16247919

Being able to deploy PRIVATE, PERMISSIONED networks, with a PUBLICLY traded coin, does several things:

1. Works with the existing banking system not against it by facilitating deployment of a FIAT currency
2. Allows fiat coin networks to be open source and prepare for smart contract adoption/API crypto economy
3. Outsources the internal database management banks have to do and makes it more secure
4. Anyone can use the payment system so long as they buy fantom, but all transactions are still publicly traceable by the banks, resulting in lower overhead for public adoption of the system while still keeping it accountable to illicit usage
5. The network pays for itself, making a more transparent market in the fees validators charge to users of the network
6. Encourages banks to set price floors on fantom to secure the network
7. Since it’s permissioned with latest tech it scales infinitely and securely so it will be actually USED for day to day transactions
8.This is all only ONE usecase, stablecoins, which will result in strong network effects for others to adopt Lachesis technology for other permissioned networks, such as smart contract networks and smart cities, all scaling independently

>> No.16247943

Noice post
Realistic price target?

>> No.16248104

>>16247885
Welcome. Some oldfags still actually use biz to help each other.

>> No.16248125

>>16247943
Imagine the multiplication of constantly adding mainnet dapps will do to Fantom supply. We have 3 mainnets confirmed even before launch. It onboards eth dapps. Can't fail.

>> No.16248390

WE ARE THE FANTOM MARINES AND WE’RE NEVER GONNA SELL

>> No.16248426

>>16248390
why would anyone sell Fantom? As time goes on adoption will snowball and price has to explode.

>> No.16248447

>>16247919
Or they can just make their own coin and have it work with the decentralized chains via chainlink... but I’m sure they’ll use this shitcoin and shadow fork ethereum so they can stake ethereum.

>> No.16248496

>>16248104
How's the weather in Delhi?

>> No.16248499

>>16247801
How many tokens exists? who controls the supply? What price do you estimate if mass adoption happens? Do you have any calculations?

>> No.16248554

I’m holding until the singularity

>> No.16248640

>>16248447
Don’t buy

>> No.16248927

>>16248499
DYOR

>> No.16249057

>>16248447
Lmao brainlet