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/biz/ - Business & Finance


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26834735 No.26834735 [Reply] [Original]

Why is no one talking about how bullish all of this is for DeFi? You literally can't shut down decentralized markets and it would solve every problem right now. Isn't this super bullish?

>> No.26834927

>>26834735
It is the next step. Let the masses destroy these hedgies first. There is too many distractions already.

>> No.26834993

because if they can shut down robinhood they can shut down defi

>> No.26835064

>>26834735
I made a thread about this same exact thing, but people are too busy fomo-ing and being euphoric.

>>26834993
lmao no they can't, that's the whole point of Defi.

>> No.26835108

>>26834993
HAHAHAHAHAH

faggot thinking you can censor smart contracts

>> No.26835175
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26835175

>>26834993
>because if they can shut down robinhood they can shut down defi

>> No.26835276

>>26834601

>> No.26835377

>>26834993
do you even know what defi is?

>> No.26835384
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26835384

>>26834993
>because if they can shut down robinhood they can shut down defi

>> No.26835417

>>26834735
We are, but the board moves too fucking fast today.

>> No.26835580
File: 11 KB, 400x400, OtTAJXEZ_400x400.jpg [View same] [iqdb] [saucenao] [google]
26835580

>because if they can shut down robinhood they can shut down defi

>> No.26835606

>>26834993
fuck off Elimelech. You have no idea how anything works. Go back to your hegdie buddies, we don't want you here.

>> No.26835729

>>26834735
I am so erect right now

>> No.26835758

>>26834993
Son... skynet can't be shut down.

>> No.26835760

>>26834735
>Block on buying $GME
bullish for DeFi
>Block on selling $GME
???

>> No.26835910
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26835910

>>26834735
some of us were already preparing

>> No.26836050

>>26835064
>>26835108
>>26835175
you're all dumbfucks

>faggot thinking you can censor smart contracts
do you know how easy it is to go after people that created them? or to shutdown frontends that host where normies will interact with them?

>"muh decentralization"
most projects in defi aren't decentralized. if the SEC wants to do it, it will. they don't like to look stupid and all it will take is one CEO who still holds the keys to their "decentralized" project to go down under before the rest run scared.

>> No.26836176
File: 49 KB, 570x570, il_570xN.1942776832_68hd.jpg [View same] [iqdb] [saucenao] [google]
26836176

>>26836050
Please go back

>> No.26836307

>>26835606
>>26836176

you're the one who has no idea how anything works, you stupid fuck.

i have millions invested in defi but to say it's immune to government intervention is just absolutely retarded.

>> No.26836422

Patience OP ,
There will BE Frustration and eye opening For many people , they will Seek a solution and will flow to DeFi and DEXes . This Event is an accelerator of the Adoption of the decentralized Idea.

>> No.26836424

>>26834735
super bullish

>> No.26836481

>>26836050
You seriously aren't welcome on this board.

>> No.26836484

>>26836307
>>26836050
are you actually from reddit?

>> No.26836544

>>26836050
>do you know how easy it is to go after people that created them?
That's not the same as going after the contracts themselves, you absolute tard.

>shutdown frontends that host where normies will interact with them?
Fucking lol, like what? ISPs?

You're delusional.

>> No.26836547

are syntethic stocks a thing yet?

>> No.26836589

If only there were something like a decentralized commodities exchange partnered with chainlink. If only...

>> No.26836816

>>26836050
>you're all dumbfucks
>>faggot thinking you can censor smart contracts
>do you know how easy it is to go after people that created them? or to shutdown frontends that host where normies will interact with them?
>>"muh decentralization"
>most projects in defi aren't decentralized. if the SEC wants to do it, it will. they don't like to look stupid and all it will take is one CEO who still holds the keys to their "decentralized" project to go down under before the rest run scared.
>t. first day in crypto
>>26836307
>i have millions invested in defi
Sure you do.
Jesus this guy is like reddit personified. You realize we can tell when you're lying right?

>> No.26836961

Because there's 100 of yiu fags asking
>why isn't anyone talking about how bullish this is for <shitcoin i fell for>

>> No.26837003

>>26836544
>That's not the same as going after the contracts themselves, you absolute tard.
why does it have to be the same, you fucking moron? the point being argued here is whether it's possible to shut down defi. and it clearly is, beginning with methods that i described.
>Fucking lol, like what? ISPs?
>You're delusional.
why is it delusional?

>> No.26837091

Avax

>> No.26837100

I have to admit it took me a couple of days to realize that exchanges/brokers would obviously take action. And those would obviously negatively affect normie plebbitor type folks. Which would make them angry and on the lookout for alternatives.

At first I was just watching the whole thing without thinking of the large scale consequences.

>> No.26837166

>>26834993
Leave tourist

>> No.26837286
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26837286

>>26834993

>> No.26837403
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26837403

>>26836816
You realize you are retarded. Right?

>> No.26837408

>>26835108
they turn off the internet

this war needs to go hot

>> No.26837514
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26837514

>>26834735
>mfw normies are just now realizing that the stock market is rigged by jews and that 95% of them wont be able to cash out.
>i'm still up 8800% from my buy in on LINK

>> No.26837542

>>26837003
>why does it have to be the same
Because if you're not going after the contract themselves, nothing changes by going after the creators.
The contracts are self-sustaining, and other devs will step in if the contract is a successful one.

>why is it delusional?
Because ISPs are distributed across many judicial territories across many countries across the entire world.
The SEC can be a pain in the ass if it really wants to, but it would be impossible to root out Defi even just within the US, let alone across the globe.

>> No.26838172
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26838172

>>26837408
>they turn off the internet
how do i know that you know nothing about computers or the internet?

>> No.26838179

>>26834993
do you just buy shit without knowing what it does?
the absolute state.

>> No.26838336

>>26837542
>Because if you're not going after the contract themselves, nothing changes by going after the creators.
yes, it does. if you're offering securities and hiding behind 'muh decentralization' and going to prison as a result of the SEC coming after you, that's going to make the other 'creators' less likely to step up.
>The contracts are self-sustaining, and other devs will step in if the contract is a successful one.
good luck stepping in when you're risking prison time to do it.

>Because ISPs are distributed across many judicial territories across many countries across the entire world.
how old are you? do you know how the world works? do you know of this country called the USA that goes after companies (see: TON and Telegram) that is way outside of their jurisdiction?
>The SEC can be a pain in the ass if it really wants to, but it would be impossible to root out Defi even just within the US, let alone across the globe.
tell that pavel durov.

you simply don't fuck with the SEC. if they want to kill defi by going after defi companies, they will be able to do so.

>> No.26838607

>>26838179
no, i've actually been in crypto for over 10 years. i just have no delusions about how powerful the united states government is.

>> No.26838649

>>26836547
Soon

>> No.26838739

I was all in aave and AMC..
Now I'm only in aave

>> No.26838892

>>26838336
>you simply don't fuck with the SEC. if they want to kill defi by going after defi companies, they will be able to do so.
While I agree with this statement, SEC has no intention of going after defi. If it did, it would already have done so. Where do you think all these (((stimulus relief money))) is going?

>> No.26838933

>>26834993
hey anon, what do you think the "De" part of "DeFi" stands for?

>> No.26839032

>>26838172
im a network engineer
unless people are going to send that shit via HAM radio, it can be shut down

>> No.26839141

>>26838336
Anon, you can easily develop Defi projects completely anonymously.
US government instances can hardly go after people who leak hacked nude pics, what the fuck do you think they're going to do about global decentralized finance systems?

And not only is it impossible to root out Defi, but you implied it would be as easy as shutting down Robinhood.
You're just a big fat barrel of wishful thinking.

>> No.26839344
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26839344

>>26834735
Just as planned.

>> No.26839413

>>26834735
We have been saying this. This whole situation is bullish af for crypto because right now as we speak, the veil is being lifted and everyone is seeing with their own eyes how the traditional stock market is a rigged game so that the jew always wins.

People who make bank on GME will put that money elsewhere. A lot will flow into crypto
People that are watching this thing play out are also going to be looking for something that is far less rigged, and crypto is there for that too.

>> No.26839465

>>26839032
>the US is going to make the entire world shut off their internet

L O L
O
L

>> No.26839562

>>26838892
>While I agree with this statement, SEC has no intention of going after defi. If it did, it would already have done so. Where do you think all these (((stimulus relief money))) is going?
you have absolutely no way of knowing about what intentions the SEC has.

if they get embarrassed enough, they absolutely WILL go after those they perceive to be in the wrong and make an example of them just so others get in line.

>> No.26839575

The feds can't even effectively shut down CENTRALIZED services they don't like anymore, like darknetmarket. Even if they manage to take one down there are always multiple others running, doing thousands of transactions a day. If they can't even do that anymore, I would really like to see them go after decentralized services.

>> No.26839647

>>26834735
the masses are still too stupid to understand.
>>26834993
No.

>> No.26840090
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26840090

>>26834993
Fucking newfag retard

>> No.26840181

>>26839562
>you have absolutely no way of knowing about what intentions the SEC has.
Neither do you faggot. Stop being a retard

>> No.26840251

>>26839562
>the US government WILL go after defi, and they WILL be successful

You sound like a 12-y-o bragging about how his dad will beat another kid's dad.

>> No.26840307

>>26839465
i never said the entire world
just any place that does business in USD or US stock markets
and they dont have to turn it off entirely, they can just block the traffic they dont like

>> No.26840482

These fucking normie tiktok traders have such a shit attitude towards crypto.

It's actually sickening.

I've been banned from all their discords today just trying to engage with them and trying to tell them that this problem isn't possible in DeFi.

I thought these cunts were the woke generation? Why are they twerkiing for old men in suits by buying their legacy stocks?

Don't these kids realise they could own cash flow positive crypto protocols or put their static assets to work for yield?

It's baffling

This generation were meant to be switched on technologically yet they're buying Nokia and Blackberry stocks intead of AAVE and SNX?

I can't take this much more.

I'm so disappointed with this generation.

Groupthink of the highest order.

If you're a free thinking tiktok trader and you want that crypto pill then join my telegram and just bring a good attitude:

T.ME/WALLSTREETCRYPTOS

>> No.26840485

>>26840307
>i never said the entire world
That's what it would take to shut down Defi.

>> No.26840495

>>26839562
nah

>> No.26840595

>>26838336
I agree with the idea that the powers that be can squash out just about anything,but "De"fi is from what i see it is its own beast. Its hard for me to believe they haven't already been involved in our world but the bigger picture is that its going to grow big enough for them having to comply on equal footing eventually down the road.
Nothings going to stop people from making a anonymous wallet and getting involved, and once enough people are fed up with the current state of affairs with our centralized financing, the bigger it will become.

>> No.26840763
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26840763

>>26839465
the internet is more centralized than you probably care to imagine

>> No.26840810

>>26834993
>Software in the hands of an individual company is the same as software in the hands of everyone
Do they teach you to be this stupid

>> No.26840961

>>26840763
And yet they won't cut off the internet because of Defi.
Weird how that works, huh?

>> No.26841067

>>26837403
>look ma, I put in random numbers in my blockfolio I totally have that much and didn't just make it up
yawn

>> No.26841095

>>26839141
>Anon, you can easily develop Defi projects completely anonymously.
>easily
>implying US doesn't have the resources to deanonymize scammers
>implying SEC won't employ those resources to make examples and leave the rest running scared
do you know anything about how the real world works? or do you just read /biz/ and hopelessly cling to to the memes are the repeated here over and over? let's see how popular defi projects will be if it becomes as illegal as child porn to provide easily accessible margin trading on the internet.

>US government instances can hardly go after people who leak hacked nude pics, what the fuck do you think they're going to do about global decentralized finance systems?
>implying leaking nude pictures is on the same priority list as violating securities laws
you really are a retard, mate.

>And not only is it impossible to root out Defi, but you implied it would be as easy as shutting down Robinhood.
i didn't say it was as easy. if the brokers and exchanges can collude with hedge funds to shut down robinhood and prevent retail from making money, they can also collude with USG to prevent defi from flourishing by going after hosting providers, etc. the game is rigged against the prole retail investor.

>You're just a big fat barrel of wishful thinking.
and you're just a retard.

>> No.26841167

>>26840763
>>26840961
>won't
*can't

>> No.26841370

>>26840251
i'm not saying they will go after defi you absolute fucking tool

i'm saying that it is possible

and USG has been known to do exactly this-- throwing the book at someone just to make an example of them

see: arthur hayes, martin shkreli

>> No.26841476
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26841476

>>26841095
>>implying US doesn't have the resources to deanonymize scammers
Yeah, they can totally backtrace them.

Look at what you're doing, all that shit you're typing, all that anger.
What's going on with you?

>> No.26841487
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26841487

>>26834993
>because if they can shut down robinhood they can shut down defi

>> No.26841665

>>26841370
>i'm saying that it is possible
If they shut down the entire world's internet, sure.

>> No.26841874

>>26834993
Coinbase and etc maybe. But they'll lose all their customers to uniswap and 1inch. It's impossible to shut down defi with so many competitors in the space that never registered to the SEC or established finance.

>> No.26842012

>>26840181
>Neither do you faggot. Stop being a retard
i'm not the one making a positive claim about what they're going to do, retard. you are.

me: shutting down DeFi is possible if the SEC really wants to do it.
you: they have no intention of doing it because if they wanted to they would've done it already!!

does your peanut brain see the difference between these two statements?

>> No.26842188

>>26841370
Just fucking stop, dude. If you’re saying that the strength of the US government amounts to going after a guy and making an example of them then you’re proving that they cannot do shit about DeFi. DeFi doesn’t need any particular individual to keep the lights on.

>> No.26842250
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26842250

>>26834993
> because if they can shut down robinhood they can shut down defi
>>26841370
>i'm not saying they will go after defi you absolute fucking tool
Stupid + Stupid is Stupid(Squared)
Son, you need to give up and go back. you are only making yourself look stupider with each post.

>> No.26842420

>>26842012
Dude get with the fucking picture. 2 weeks ago the OCC gave 2 massive green lights for crypto and defi. Go and google them I'm not doing the hard work for you. Why are there so many conservative minded boring people in crypto? FFS. Be more promethean.

>> No.26842437

>>26842250
>Son, you need to give up and go back. you are only making yourself look stupider with each post.
do you know what 'if' means?

>> No.26842454

When the SEC which controls America can block the air you breathe in singapore, than they can shut down defi.

>> No.26842640

>>26841665
nah, they can just go after the parts that compose it.

centralized exchanges, hosting, etc.

>> No.26842824

>>26842640
>nah, they can just go after the parts that compose it.
lmao, that won't be possible because those parts are DECENTRALIZED. They're scattered to the four winds.
That's the whole point.

>> No.26842871

>>26834735
I mentioned it in some threads yesterday
Didn't got a reply, what a surprise
But yeah totally bullish for DeFi

>>26834993
>they can shut down defi
>he doesn't know

>> No.26842909

>>26842188
the strength of US government amounts to putting people that offer unregistered securities in jail. if they do it to someone who has a major DeFi company, the rest will scramble. that's just how it works.

>> No.26843117

>>26842909
>if they do it to someone who has a major DeFi company, the rest will scramble
You're just an unending wellspring of wish fulfillment fantasies lmao.

>> No.26843158

https://www.ft.com/content/c1caca5b-01f7-41be-85a4-3ecb883f2417

>> No.26843184

Did China ban crypto? No.
China, a country known for hamfisted policies (since they have no accountability with the people) chose to embrace crypto.
Why? Because it's a useful tool for those in charge, if used correctly.

Any government, particularly the US govt is not as stupid as to kneejerk ban/block crypto/defi. They'll mold it to their liking behind most people's backs.

Then maybe one day they'll start pushing people into crypto... to keep track of everyone's transactions, income, taxes, location, etc etc... But they can't come out and say that, can they?

So...maybe they could make sure the population suddenly notices large corporations like twitter or facebook have tons of power, and maybe a decentralized alternative would be nice. Or maybe they'll one day notice how rigged wallstreet brokers/exchanges are, and they'll want to look for alternative investments. And then they'll want to use crypto out of their own accord (in their minds). And then the government will kindly embrace the people's wish of embracing crypto.

>> No.26843596

>>26842824
https://www.whoishostingthis.com/#search=aave.com
Cloudflare is decentralized according to you. Stop being a clown.

>> No.26843608

>>26842909
No one actually cares though. DeFi cannot be stopped. We’re at an inflection point where anger is reaching a boiling point and if the government thinks they can shut down people literally buying and holding a NYSE listed stock, then people are going to be even more pissed if they *attempt* to shutdown something that solves the problem they’re encountering with the traditional financial markets. People are at their breaking point. DeFi has too much money at stake, if they throw a couple of guys in jail? Who cares. It’ll still keep running.

>> No.26843649
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26843649

>>26837403
poorfag

>> No.26843666

>>26842824
"d-d-decentralized!!!!"
let's say they decide to declare AAVE illegal. they go after AAVE's hosting. AAVE is dropped by exchanges. Stani Kulichov goes to jail. what do you think that's going to do to the rest of lending protocols? they're going to fucking scramble.

you are all so fucking stupid it's really quite unbelievable.

all you can do is parrot "decentralization" because none of you know how centralized these "decentralized finance" platforms actually are.

>> No.26843840

>>26838933
...of?

>> No.26844244

>>26843117
nah, that's you and everyone else who thinks "decentralized" means "immune from prosecution by the most powerful government in the world"

maybe you're coming to the realization that your bags might be too heavy if they come for you

>> No.26844282
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26844282

>>26843666
>they go after AAVE's hosting.
You say that as if AAVE is hosted on a server stack somewhere.

>AAVE is dropped by exchanges.
Changes nothing about how Aave works, and Dexes are going to take over anyway.

You have no idea how any of this works, please gtfo.

>> No.26844387

>>26843666
>AAVE is dropped by exchanges
Centralized exchanges maybe, but literally who cares? They don’t have a future

>> No.26844407

>>26834735
Don't read ahead, you'll spoil the surprise for everyone else.

>> No.26844778

>>26844244
Tell us more about how the government is going to shut down Aave's servers, you absolute dip.
Next they're going to confiscate Bitcoin's servers too lmao.

>> No.26845015
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26845015

>>26843666
Dude just fucking sell.

>> No.26845658

>>26843666
Son, you're digging a hole and I don't think you'll be able to get yourself out of it.

>> No.26845833

>>26843666
>you are all so fucking stupid it's really quite unbelievable.
There's no point explaining it to /biz/ it's like talking to a wall.

If the government wants DeFi shut down they will have it shut. There are no reliable decentralized offshore hosting services that can possibly handle the traffic and the uptime for a thriving DeFi space. Do you realize how critical that is for DeFi? If it's booted from centralized services that would be the end of it. Decentralization is a meme. Enjoy it while it lasts and pray that the kikes don't spoil the party.

>> No.26845850

>>26835276
Now you know the value of a good pic to open up your thread. Sip sip gets more eyes than that fagapp toon thing you went with. Nice thread though poorly executed.

>> No.26845853

>>26844282
>You say that as if AAVE is hosted on a server stack somewhere.
which company is going to want to host the front-end if providing unregistered lending services becomes illegal?

>>26844778
who said anything about AAVE's servers, retard?

>> No.26846123

>>26845853
>which company is going to want to host the front-end
What fucking front end you derp?
The front end is every single user's personal computer, and the back end is every single instance of ETH out there running on servers, miners, personal computers, ...

>> No.26846286

>>26845658
none of you have disproved any of my arguments.

it's literally just
1. "DECENTRALIZED!!!! FINANCE!!!!!"
2. "dude stop"
3. "ur wrong and ur digging a whole, man!! :))"

>>26845833
oh good, somebody that actually gets it.

>> No.26846392

>The rich can shut down DeFi just like they shut down GME trading.
Fuck off, I don't believe in that made up nonsense
>In other words, the more MKR tokens locked in the contract, the greater the voter’s decision-making power.
So true!!!

>> No.26846455

>>26836050
You need to go back, you fat fucking reddit nigger

>> No.26846576

>>26845833
>If the government wants DeFi shut down they will have it shut.
Unless they shut down the internet across the globe, no they won't.
And even if they do shut down the internet and start from scratch, people will simply relaunch the shit they have stored.

>> No.26846724

Sure is bullish for INJ (Injective Protocol)...

>> No.26846959
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26846959

>>26843666
Binance is illegal in US. Do you see CZ is in prison? Do you see platform crumbling? No because you thing that you are saying is pure schizo fantasy

>> No.26846992

>>26846576
>what are centralized hosting services

>> No.26847021

>>26834735
because you can't trade ETFs in a defi and if you can its controlled by an oracle and that oracle is centralised and can do same thing robinhood did

>> No.26847268

>>26835108
> faggot thinking you can censor smart contracts

For smart contract to work you have to have an oracle where information will be gathered from. This is something in real world, let's say, Nasdaq server. So if Nasdaq doesn't like what you are doing, they will shut down the oracle.

Simple as.

DEXes only work when there is no tie to real world value.

Such as crypto-to-crypto

>> No.26847377

>>26846992
I just literally spelled it out for you.
Nobody is hosting Aave you absolute shitheap. It is DEcentralized; it runs on ETH which is "hosted" by every single instance of ETH being run everywhere across the globe.

>> No.26847566

>>26847021
Maybe Mobius oracles you fucking dumb ape.

>> No.26847849

>>26847566
There is no such thing as censorship resistant oracle.

Explain to me how your "Mobius" oracle will provide information on GME stock to decentralised exchange without this information being controlled in some way by a person.

>> No.26847869

I think DeFi will fade away like a Masternode. Therefore, I prefer to invest in solid projects like Waves.

>> No.26848137

>>26847849
I’m gonna side with Sergey over you. Doesn’t mean I’m smart enough to explain it.

>> No.26848507
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26848507

>>26848137
So you can't retort my arguments?

I mean, you do understand that any piece of information fed to a decentralised exchange is being fed from real world source?

Be it 1, 10, 100 or 1000 sources, right?

Still, that information is acquired from somewhere.

Therefore, these oracles, real world entities, can be controlled.

Sergey will NEVER admit this, because his whole livelihood relies on him "not understanding" this fact.

>> No.26848510

>>26847377
They won't get it anon. They're tech illiterate boomers. They think videogame servers and crypto servers are exactly the same.

>> No.26848905

>>26847377
you cannot possibly be this dumb, right?

>> No.26849053

>>26843596
That's an interface. You can shit out tons of those anywhere you want; you can even make offline transactions.
The entire system runs on ETH, that's where everything happens.

>> No.26849314

>>26848905
>disappears for 10 minutes, furiously looking it up
>gets btfo by his own research
>quick gotta say something back to him without actually saying anything
>"you cannot possibly be this dumb, right?"
>there, gotteem

>> No.26849392

>>26848510
god have you ever read a whitepaper?

>> No.26849599
File: 11 KB, 480x402, EicVxvaVoAM9xG6.jpg [View same] [iqdb] [saucenao] [google]
26849599

>>26848510
sorry ment for >>26848905

>> No.26849600

>>26848507
Holy fucking shit this is 2017 levels of fud. Chainlink does not and has never intended to solve the “this is the absolute true piece of data” problem. Chainlink is solving the problem of securely providing real world data to blockchains. If kikes are chimping out and start fucking with NYSE stocks then that isn’t Chainlink’s problem, all the nodes in the network will just report the bullshit that’s happening.

You need to even explain what the fuck you actually mean by ‘censoring’ and ‘controlling’ an oracle. You’re out of your depth and have no idea what you’re talking about.

>> No.26849614

>>26849053
wow, man, thanks for explaining this! all this time i thought eth was just this like website platform that you could just ban from the internet haha!!

>> No.26849789

>>26848905
>20 posts by this Id
Kek you really are from plebbit aren’t you? Only those types of niggers would come back after getting BTFO

>> No.26849830

>>26849614
lmao based

>> No.26849880

>>26849392
>>26849599
yes. i have. i also guarantee i have more money than you.

>>26849314
>that's not a front-end, that's an interface!! the front is every single user's personal computar!!!

>> No.26850066

>>26849880
>>that's not a front-end, that's an interface!! the front is every single user's personal computar!!!
Literally yes.
It's handy having a website interface, but it's not needed.

>> No.26850123

>>26849789
nobody got btfo you fucking moron. defi can be shut down. you dumbfucks just don't realize it because you have too many bags.

>> No.26850234

>>26849880
you cant compensate big money for big intelligence, they call that "dumb" money.

>> No.26850396

>>26850066
you're literally a moron.

you can read over my posts in this thread again, maybe it'll sink it. the fact that it hasn't still means you're probably retarded.

>> No.26850612

>>26850234
guess what they call no money and no intelligence?

hint:
(You)

>> No.26850733

>>26850396
If they shut down Aave's website, it changes nothing other than causing a temporary inconvenience.
The actual system is decentralized, you'd have to shut down the entire internet all over the world to disable it, and even then it'll be temporary.

Please get this through your thick skull.

>> No.26850951

>>26850733
Only a matter of time before front ends are hosted decentralised too

>> No.26851382

>>26850733
This. The worst they can do is annoy people a bit. The actual protocol itself cannot be stopped.

>> No.26851754

>>26836050
go after satoshi nakamoto then faggot

>> No.26852753

>>26834735
Don't worry, it's the next step. Based crypto

>> No.26852772

>>26850733
if it's illegal, nobody's going to do it. that's the fucking point. your "decentralized" project is comprised of centralized parts you can go after to break it. do you fucking get it?

it's like saying that if you shut down a child porn site, it changes nothing other than causing a temporary inconvenience. it's much harder to be a disruptive paradigm changing product if it's illegal and nobody will host you.

why are you so fucking stupid?

>>26851754
what does that have to do with anything, you fucking moron?

>> No.26852992

>>26847377
tHIS

>>26848507
i FEEL like I have heard this befor

>> No.26853124

>>26849600
So what is the advantage of Chainlink then?

You think that a decentralised exchange will be censorship resistant?

If they aren't solving the oracle problem, then big boys will still be able to censor data flow NO MATTER WHAT.

Also, we have a word for what you described - a database

>> No.26853283

>>26850733
it's hilarious that only now, 27 posts later, are you coming around to what i was talking about in the first post i made in the thread.

that you can go after the website.

maybe it's time to consider that this thinking thing isn't for you.

>> No.26854020

>>26853283
>that you can go after the website.
It doesn't do anything you moron.
How many times do you have to be told this?

>> No.26854252

>>26854020
please for the love of god stop replying to the literal faggot.

>> No.26854400

>>26854020
ya just like cp is mostly on darknet now because shutting down clearnet cp sites doesn't do anything, right?

>> No.26854536

>>26854252
lol they are begging one of his bagholding brethren so shut up so he can stop getting beaten to a fucking pulp

sad!

>> No.26854547

>>26840482
They’ll learn this lesson once it’s too late for them.

>> No.26854595

>>26854400
which side is this argument supposed to back

>> No.26854749
File: 36 KB, 368x454, 1586129591275.jpg [View same] [iqdb] [saucenao] [google]
26854749

>>26854536
>29 posts by this ID

>> No.26854804

>>26853124
The crypto asset can sustain trading while the data feed isn't reflecting true price. When the source data becomes truthful again they will converge.

>> No.26855044
File: 3.98 MB, 720x406, 25847f5165f0fe8f458dbfb014be839648eaf09cbae2b0b5e5085c55633efd9d.gif [View same] [iqdb] [saucenao] [google]
26855044

>>26854400
>mfw this larping poorfag has spent 3 hours trying to convince random autismos on a laotian polymer enthusiasts forum.

>mfw he still is trying despite being shown over and over that he has no idea what the fuck he's talking about and he just keeps screeching out the same thing over and over again.

Welcome to /biz/ friend, this is your home now.

>> No.26855330

>>26854595
i don't know man, how many clearnet child porn sites are there?

or are you retarded like >>26854020 and you think that nothing will happen to AAVE even if SEC starts shutting down defi websites?

AAVE the protocol will still be on ethereum. but AAVE the most successful lending platform will be quite dead as developers flee potential prosecution by the USG.

>> No.26855577
File: 188 KB, 1200x896, 113e86cd.jpg [View same] [iqdb] [saucenao] [google]
26855577

If you read The Sovereign Individual (that book that predicted Bitcoin) it talks about how the nation state will eventually collapse as market forces will favor decentralization over centralized bureaucracies

i.e. evolutionary forces will abolish the state

>> No.26855747

>>26855044
>he just keeps screeching out the same thing over and over again.
it's pretty ironic that none of you can counter my argument so all you can do is hold hands and repeat that i'm wrong

welcome to /biz/

>> No.26856183

>>26855577
>evolutionary forces will abolish the state
peak brainlet.

>> No.26856337

>>26834993
Fucking idiot

>> No.26856351

>>26853283
That's true for now which is why decentralized storage and computing are the next big thing :)

>> No.26856544

>>26854400
>>26855330
Child porn still gets circulated on the internet though, you're btfo-ing yourself.

>> No.26856649

>>26856544
LOOOOL

ya it gets circulated in the same amounts as it would if it were legal, right, dumbfuck?

>> No.26856799

>>26834993
Nope

>> No.26856950
File: 71 KB, 900x900, google-business-cat.jpg [View same] [iqdb] [saucenao] [google]
26856950

>>26834735
defi on alphabet owned internet ?
MADNESS I SAY !
MADNESS !

>> No.26857048

>>26856649
>same amounts
buddy, you were talking about "shutting down".

And fyi, in many regions of the world, age of consent laws are vastly different.
Same way laws regarding defi would different.

>> No.26857099

>>26856183
Read the book. It's pretty prophetic. And look at the trend of society for the past 20 years, the overwhelming trend has been one of decentralization.

No one gets their news from centralized media anymore. Finance is only different in terms of degree not quality

>> No.26857130
File: 9 KB, 273x166, toldyou.jpg [View same] [iqdb] [saucenao] [google]
26857130

>>26856351
OMG

>> No.26857293

>>26834993
Dumbass jew

>> No.26857650

>>26857048
you're literally too stupid to argue with

>> No.26857762

>>26840763
NZ Rekt

>> No.26858164

>>26840482
Intelligent. You can stay
A global DeFi online currencies only weakness is a global CME from the sun frying Every thing electrical on the planet.
And that would ruin normal fiat anyway.
Defi is a safer bet for plebs

>> No.26858382

>>26856649
>first says it can get shut down
>now makes an argument that at worst it can only reduce the amount if they want to shut it down
I think you forgot what you were defending. Just reread your post lmao

>> No.26858533
File: 92 KB, 581x767, 1611768684217.jpg [View same] [iqdb] [saucenao] [google]
26858533

>>26858164
You are fucking retarded

>> No.26858651

>>26857099
You are a blind nigger. The trend is centralization. Those in power have only become more powerful. Amazon. Twitter. Facebook. What's happening with crypto only gives them more control, but of course you don't see that either.

>> No.26858849

>>26834735
>ETH goes up 8%
>anon starts noticing something

>> No.26858861

>>26858382
>can only reduce the amount
that would be effectively shutting it down, dipshit

man this board used to be like above average IQ

what happened

>> No.26858944

>>26837403
I like to add a few extra zeroes too if I'm in public.

>> No.26859032
File: 118 KB, 1108x1080, 1594291887847.jpg [View same] [iqdb] [saucenao] [google]
26859032

>>26858861
>reducing = shutting down

jesus christ you faggot

>> No.26859137
File: 1.20 MB, 848x7714, chainlink_based_1611823077366.jpg [View same] [iqdb] [saucenao] [google]
26859137

>>26858861
>this board
IS OWNED BY ALPHABET YOU BLIND NIGGER

>> No.26859468
File: 9 KB, 185x281, images (29).jpg [View same] [iqdb] [saucenao] [google]
26859468

>>26858533
Yes
Now good day I have to wage slave so i can buy another 5 link at the end of the week.

>> No.26859524

>>26834735
>You literally can't shut down decentralized markets

Nothing a few (((regulations))) can't fix. They're for your own safety, of course.

>> No.26859951

>>26859032
at least you admit it

love to pummel retards like you

>> No.26860074

>>26834993
based retard

>> No.26860135
File: 80 KB, 953x1280, 1611726860204.jpg [View same] [iqdb] [saucenao] [google]
26860135

>>26859468
buy rubic

>> No.26861011

>>26838933
delicious

>> No.26861042
File: 481 KB, 850x770, alonpepe2.png [View same] [iqdb] [saucenao] [google]
26861042

the sentinel knows

>> No.26861131

Why is it dumping right now???

>> No.26862721

>>26860135
I'm not that retarded

>> No.26863703

I love how the moonbois in this kike worshipping streetshitter forum disregard any analysis other than their own narcissistic fantasies. Cefi is a fee hunting, server centralizing wall st wet dream using eth right now. All of it painted with rainbows and unicorns in an effort to resonate with your infantile predilections. Ethereum defi is a centralized pedo cult funded by the exact same hedgefunds that naked short GME. Crypto and smart contracts will revolutionize the world. But ethereum aint it.

>> No.26864645

>>26840482
they'll figure it out eventually,,,,, human psychology does not always necessitate that the most intelligent action gets activated in every situation.
but, that makes things even more interesting imo. defi is still king and the chainlink i bought at $.24 is now like $20.00 sooooooo

>> No.26864808
File: 12 KB, 400x400, 1611798454224.png [View same] [iqdb] [saucenao] [google]
26864808

>>26834735
Unironically this

>> No.26865496

>>26863703
did you feel a sense of satisfaction after writing such a "cool" insight?

>> No.26865592
File: 10 KB, 485x175, v1.0.0 ocr announcement.png [View same] [iqdb] [saucenao] [google]
26865592

>>26861131
Because v.1.0.0 is around the corner.

>> No.26866103

>>26865592
the ganges has many corners

>> No.26866252
File: 275 KB, 600x600, 1611328263033.jpg [View same] [iqdb] [saucenao] [google]
26866252

>>26834735

>> No.26866321

>>26836050
Jesus Christ
This faggot is so painfully ignorant of howany aspect of defi or smartcontract functions that I can say with like 80 percent accuracy that he only found this place after finding wsb 5 days before it was shut down.
Just lurk.
Don't post. Dont ask questions. You have absolutely nothing to contribute to a conversation about anything like.this, not even comedic relief. Just lurk. Alternatively, just go the fuck back.

>> No.26866392

>>26836050
kys retard, go back.

>> No.26866465

>>26836307
reddit spacing, kys you don't have a single dollar in defi let alone a million.

>> No.26866614

>>26861011
delicious finance would explain all the food tokens.

>> No.26866637
File: 485 KB, 1599x900, internet-map-botnet.png [View same] [iqdb] [saucenao] [google]
26866637

>>26845833
>>26846286
>>26846992
You guys must be baiting because this is a good larp thread. I'm being serious you really cant be this retarded.

US population - 300 some odd million
India Population - 1.366 billion

If the us wanted to follow your fantasy and attack defi, but india approves of it then what happens in your fantasy? If all the countries in your fantasy decides to attack defi but argentina gives the ok and welcomes defi, then what happens?

You do realize satellites in space connect to the internet also?

>> No.26867036
File: 1.48 MB, 1242x2688, EB80D8EE-A5B3-4EFF-B151-3AF78EA32332.png [View same] [iqdb] [saucenao] [google]
26867036

>>26834735

>> No.26867103

For the 99th time
The US has tried to block, ban and made illegal the following:
Gold
Sex for money
Sex with Men
Marriage with men
Weed
Alcohol
Shopping on Sundays
Drining on election day

>> No.26867359
File: 35 KB, 432x398, B10D525C-7818-48F0-9273-ED3AF4859974.jpg [View same] [iqdb] [saucenao] [google]
26867359

>>26859951
Kek the mental gymnastics is strong with this brainlet. Please keep seething

>> No.26867401

>>26834735
It’s extremely bullish which is why once I cash out my GME I’m going all into crypto

>> No.26867448

>>26867103
and they have failed all of it.

>> No.26867916

DeFi is the future of centralised exchanges.
HEX is the best product, by far, currently trading.
Get in early.
It was THE best performing asset in 2020.

>> No.26868015
File: 418 KB, 600x450, DDC54CB0-E676-4887-AC32-98E6432D806D.png [View same] [iqdb] [saucenao] [google]
26868015

Kek OP bravo
I love the way biz spirals into autistic rage whenever defi isn’t blindly worshipped

>> No.26868682

>>26834735
>>26834993
they can't shut down defi but what they'll do if they come after crypto is make laws that disallow pulling your crypto off of exchanges. no private wallets, no swapping without them seeing, no monero.

>> No.26869007

>>26868682
they will do that after they make it illegal to pull leaves from a tree without a permit

>> No.26869436

>>26869007
you don't realize how easily they could do this. they're already villainizing it. they literally just shut down GME trading because jews were losing money on their over leveraged shorts.

>> No.26871193

>>26836307
gtfo

>> No.26871639

>>26869436
Yes, once america blocks private wallets and monero crypto is doomed. I've already sold my position. After this happens, then permits will be needed to pull leaves from trees nationwide because of climate change. You would also need a license to drink tap water because it has to come from a regulated source. I agree sir

>> No.26873186

>>26852992
So what are the counterarguments?

>> No.26873330

>>26848507
>>26848507
>>26848507
>>26848507
>>26848507

>any piece of information fed to a decentralised exchange is being fed from real world source?

>Be it 1, 10, 100 or 1000 sources, right?

>Still, that information is acquired from somewhere.

>Therefore, these oracles, real world entities, can be controlled.

>Sergey will NEVER admit this, because his whole livelihood relies on him "not understanding" this fact.

This seems logical. Why is he wrong?

>> No.26873540

bump

>> No.26874218
File: 11 KB, 473x500, 1190 - ggbmwXi.png [View same] [iqdb] [saucenao] [google]
26874218

>>26834735
>buddy asked me if i bought some GME 2 days ago
>told him no cuz i dont buy stock
>asked me if he should buy gme
>told him the jews would probably shut it down
>he bought some anyways
how smug should i be?

>> No.26875827

>>26873330
>>26848507
>>26848507
Why the fuck in LITERALLY EVERY ORACLE THREAD these questions always get IGNORED and nobody retorts these arguments?

Maybe because the uncomfortable truth is that oracles are vaporware?