/biz/ - Business & Finance

>>20500804
Consolidation is over. Hope you swingies bought back in. Dont want to have to hide all your cope threads in the catalog.

>>20370802
>I got a philosophy degree and I created Bitcoin.

https://www.youtube.com/watch?v=_bQ6w-g0YSc&feature=youtu.be

chainlink founder sergey nazarov is saoshi nakamoto

>>14888888
FUNDAMENTALLY BULLISH: $1000 IS FUD.

Fundamentally, only two things matter in this market: speculation and adoption, with speculation being driven by hype and rumors regarding adoption. Adoption by itself guarantees long-term usage and viability but speculation is mostly irrationa, short terml and biased towards marketing, what is favored in this space is big brand partnership announcements, regardless of actual meaning concerning adoption. Get a strong balance of both and you get a true winner.

Now there are some decent projects that do have a chance at adoption, within a certain niche. Vechain, VIDT. But there are limited to certain use cases, within certain industries, therefore limited supply of brand partnerships. Speculation runs out of fuel real quick.

Chainlink is poised for success because it isn't limited but at the center of everything (agnostic middleware data feeds). And this is why it will remain a favorite for speculators. The biggest brands in tech (MSFT/Oracle/AWS) are betting on enterprise BaaS platforms which need oracles in their stacks, the entire data industry is dependent on oracles to join the blockchain party (Google's big data, API, IoT), the banking world is pressured into connecting their old systems to stay relevant (SWIFT, PSD2) the legal world is tasked to draft the contracts and guide their enterprise clients towards adoption (Accord, Openlaw = top law firms with biggest enterprises), the industries wanting to get a piece of the action are varied because smart contracts use cases are limitless (finance, insurance, logistics, etc all the leading companies) and then it's also needed by the entire crypto world itself (the blockchain projects but also emerging products like stablecoins, trading platforms etc). Speculation-wise, it has an endless supply of high-quality fuel, and it's why it has already gotten the attention of SWIFT and Google, arguably the two heaviest players a crypto team could dream of reaching - owning the crossroad between both tech and finance.

>>14879924