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/biz/ - Business & Finance


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53605941 No.53605941 [Reply] [Original]

Chainlink is the new petro dollar. Refute this without saying "token not needed"

>> No.53605957

>>53605941
Alternatives will be preferred. Simple.

>> No.53605976

>non sequiter
>refute this without pointing out that there's no logical connection between these two things

I think that the weird shill cults built around crypto projects either rot your brain or attract people already suffering from brain rot.

>> No.53606000

>>53605957
Nice one. Only problem is once staking v1 and economics 2.0 are fully fleshed out the network will be secured using chainlink and stakers will be collecting fees regardless of what token is used. Many will just keep compounding earnings back into link to earn more. The network effect will still mean link is the new petro dollar.

>> No.53606019

>>53605976
I want thought our replies. Not pajeet memes

>> No.53606033

>>53606019
*thought out

>> No.53606059

>>53605957
>Alternatives will be preferred
Let me guess. Icy piss?

>> No.53606074

>>53605941
>Refute this without saying "token not needed"
not possible because the token is not needed

>> No.53606132
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53606132

>>53605941
Your FUD washes over us as water over the ducks in my row. Chainlink is no DOLLAR, sir! Gold is the only money. Chainlink shall facilitate the derivatives of this beautiful boomer rock, using a token incentivized towards value-consolidation!
>Chainlink is like a dollar
NAY! Dollars shrink, cowering silently in communal puddles of fear-release when a single $LINK walks by.

>> No.53606157

>>53605941
Well, what IS the token for? You need eth to buy, sell, and trade shitcoin. What is chainlink needed for?

>> No.53606167

>>53605941
So far the only use case demonstrated is putting African farming plots on the ecochain and acting as the defi Jew by scraping off a transaction between another more useful and valuable crypto asset and another more useful and valuable crypto asset that could have just been sent directly instead. In conclusion, the token is useless and stinky.

>> No.53606224

>>53606157
The token is to secure the network or if someone needs erc-677 for their tx. Let me explain a little better. It doesn't matter if link is used for payment of link services. When economics 2.0 and staking v1 is fully fleshed out the network will be secured using chainlink. People staking and by extension securing the network will still be earning the fees. If network effect pushes chainlink into securing trillions upon trillions of dollars as is Sergeys target then the fees will be tremendous. This creates buy pressure and incentive for people to compound earnings back into link staking. So in essence, link still becomes the new petro dollar in the metaphor.

>> No.53606245

>>53606224
>When economics 2.0 and staking v1 is fully fleshed out the network will be secured using chainlink
>when
Ok yeah until then not buying your “needed” shitcoin lmao

>> No.53606261

>>53606245
That's fine. Pussies dont make money.

>> No.53606265

>>53606000
unchecked trips of Ouch!

>> No.53606295

>>53606261
nobody makes money from not needed coin

>> No.53606316

>>53606261
Thanks for conceding. Last time I checked, linkies never made money lmao

>> No.53606337

>>53606316
To be fair I think Sergey has made plenty of money.

>> No.53606341

>>53606295
>>53606316
I never said buying chainlink isnt risky.

>> No.53606361

guess what the valuable side of the equation is?
the data.
guess what isn't?
open source software that still requires another blockchain to make the data useful.

>> No.53606408

>>53606361
>apps will capture all the value the Apple App Store will be worth nothing as it’s just the platform the apps sit on.

>> No.53606488

>>53606341
You’re a fucking retard you know that? You’re also shit at shilling
>>53606408
Did you miss the part where Apple stock actually goes up?

>> No.53606490

>>53606408
He doesnt understand that the "open source software" is the paywall.

>> No.53606538

>>53606488
Checked. I don't care if you buy link or not anon. Your measly purchases means nothing to me.

>> No.53606648

>buy scam from a notorious fat russian scammer
>wonder why the number does not go up
>wonder why the fat russian keep getting fatter and losing his teeth
truly this is question for the ages!

>> No.53606783
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53606783

Years of groundbreaking academic research led to the "proof of bagholder subsidization model"

>> No.53606830
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53606830

Link buyers and holders directly subsidized the entire crypto industry and subseding bull run. Let that sink in.. They were just in it for the tech anyways so the everyone won and the total happiness increased

>> No.53607125

>>53606830
so Linkies are just like early BTC supporters buying miners and drugs on silkroad and using faucets and advertising the network for free?

>> No.53607482
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53607482

>>53606648
>>53606783
>>53606830
I can’t believe Eric Schmidt fell for this scammy piece of shit

>> No.53607945

>>53605941
At the White House, a meeting to share,
Donald Trump and Sergey Nazarov there.
To the table, a feast of McDonalds brought,
It was full of burgers and fries that they sought.

Their attitudes so friendly and gay,
Their talk of business was far away.
Sergey and Donald, they made a pact,
That together they'd never look back.

>> No.53607999

>>53605941
Data is not a finite resource.

>> No.53608052

>>53606000
Checked

>> No.53608094

>>53605941
Token not sneeded.

>> No.53608138

>>53608094
It’s cheaper to use LINK than any other asset when accessing Chainlink network services.

>> No.53608771

>>53605941
i hate data and i want to kill the people who impose it and tell you it's normal

>> No.53609951

>>53608771
Ok Ted

>> No.53610147

>>53606830
The rest of the fud in this thread is shit but this one was pretty funny

>> No.53610157
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53610157

>>53605941
RLC is literally digital oil you stupid niggers. We made that meme for a reason. You'll find out why this year cuck faggots.

>> No.53610533

>>53605941
Digital currency unrequired

>> No.53611500

>>53605941
>Data is the new oil.
Okay anon, what do they do and why should I give a shit? I've always seen the Metaverse as the new oil, making me ape into Sand box and ride! thank you in advance.

>> No.53612428

>>53608771
Care to share?

>> No.53613281

>>53605941
chainlink is down 90% LOL

>> No.53613289

Two words, one person: Jason Parser.