/biz/ - Business & Finance

>>22085813
LAYER. Look up unilayer. Solving this problem.

>>21941762
If I could invest in the COMPANY I would absolutely do that. Don't forget that tokenomics =/= business model. The company is going to do incredibly well because it's a fantastic use of nodes.

But anyone who's mined a crypto knows that it always comes down to the equilibrium price of electricity. Anyone who's invested more than a few thousand dollars into mining equipment runs a bot that swaps between coins as the cost of performing the workload slips. Normal slippage never exceeds a few %. That's why ETH and LINK have floating prices while nothing else does - they *mediate* that slippage with gas and computation fees, so their price reflects the industry as a whole rather than a given use-case.

tl;dr: buy stonks in shit like this ya mongs

>>21596977
Note to allfags:
Chainlink is not an investment. It is a savings account. It is the default place all money flows. As the aggregate value of human value increases, so shall the necessary collateral to secure it. As it reaches equilibrium with the aggregate economy, its growth will slow, yet it will remain by nature of decentralized security constraints the ultimate index fund - tied to the value of all. Now stop checking price charts every 20 minutes and move on with your life. You've always had savings and always will have savings. Enjoy the show.

>>21381921
Just straight fundamentals, fren. The Reserve team is creating a decentralized currency immune to hyperinflation by reflecting the value of real goods/production rather than an arbitrary amount of fiat. While central banking systems like The Fed mint an amount of currency over time to reflect the money supply they want - a practice vulnerable to malicious manipulation. Reserve, instead, pulls its value through actual goods. This is the Austrian Economic model made whole, complete, and immutable. There's no schizo crazy here, just fundamentals.

>>20233360
>>20233360
I'm saying it's a big fat bun, and we MIGHT get some beef in it. I'm a biztard, not a cryptographer. But I know what we can trace and I've seen a lot of people following the SATOSHI trials to know how well anon can trace wallets.

Remember how Satoshi has been being harassed and undermined by Blockstream, and Greg MAXWELL, with known mo'sad connections?

Think we won't find evidence linking them and G. Maxwell? Maybe we won't.

>>19044839
this
>just in

>>18543118
>>18543134
This. But any high throughput contract engine will do, and we have several options that accept solidity or similarly accessible API.

FGBR won't be a financially driven thing where wealth flows into crypto. It'll be an engineering necessity in which crypto saves the world, creating wealth from the ashes of fiat.

>>17890696
You're correct that, in the aggregate, the relative spending power of everyone will remain the same. That is, the basket of base good you could buy with it will remain the same.

What's happening WITHOUT a UBI is lack of demand information. In the face of normal systemic unemployment, the average American is fucked. However, the value that person brings to the table in terms of demand-information ('votes' from their dollars,) is great enough that there is a positive return on investment to make sure they're never fucked.

There are a ton of secondary things we could get into about the politics and/or budgetary effects that also happen to be crazy positive, but the demand-floor-as-global-insurance-policy is the fundamental reason we're all going to make it.

Cryptos are scam.
https://www.cnbc.com/2019/03/22/majority-of-bitcoin-trading-is-a-hoax-new-study-finds.html

Hello. I'm Apu Apustaja, and welcome to this week in Chainlink.