/biz/ - Business & Finance

Developers are psuedo intellectuals given the status of scientists when they are closer to tradesman

>>11312966
thanks just sold 100k

>>11312966
you stupid fuck there is no need for the supposed decentralized oracle solution. oraclize works perfectly well (do you know even know how hardware proofs work?).

no major company will ever accept to get paid for their data in some virtual currency.

it's people like you keeping /biz poor

>>11312966
BASED & CHECKED

>>11312984
This, although I would say that they are closer to architects rather than simple tradesmen. What we do isn't brainlet autopilot shit unless you're working on phone apps, but the computer science side of things really goes over the heads of most and it is only skimmed over in university.

>>11312966
thanks for the comfy post. have a good day and a good life

>>11313015
Yeah its negative but im fuckin sick of hearing neckbeard developers thinking they know anything about economics because they forked the bitcoin github

>>11313002
You do know ChainLink is essentially working as an intermediary so that companies don’t have to be paid in crypto, right Anon? You realize Sergey and team were inspired to develop ChainLink because companies don’t want crypto, right? Anon?

>>11313002
The confirmed Wells Fargo connection, Anon? SWIFT Smart Oracle, Anon? Hello, Anon? Anon?

>>11313002
they can just get payed in fiat as wel you retard

there is allready a script that changes eth to fiat in real time

>>11313052

I honestly can't figure out if your just venting or directing something.

In any case I completely agree with your sentiment around developers, unfortunately the word is a bit of a catch all for anyone tech orientated, for people less tech orientated, and has bastardized the word.

I don't know much about economics, but I know a lot about building production-grade software to meet user needs, I also know the potential to the infrastructure that LINK will bring, and it's with that potential comes speculation

>>11313002
are you fucking idiotic or what? you think they are using what for databases? you have any idea how much they pay for software licenses just to handle shitty databases?

>>11313002
Damn, you know your shit!
I appreciate the research you've put into this, and thank you for sharing it. I hope others seriously consider your warning.

>>11312966
when moon

Like the banks are'nt doing their own chainlink, just LOL

>>11313181
Maybe not, but they will be using oracles of sorts, at least euro banks, post psd2

Only kidding yourself if you think chainlink won't get at least some of that pie

>>11313181
Good luck with that

>>11313181
Lmao the banks hold 2/3 of LINK supply.

>>11313181
no bank develops any kind of software tech. please leave your room and get a job to understand how the real world functions

>>11312966
I was a little hesitant about the whole gay marriage thing at first, but I came around. The guys down at the local thought having a son who is an interior designer was what brought me round. Truth is it was a little more complicated than that. Last year I went on a trip to Thailand to replace the last wife, anyway I was all set to bring Nong back to Australia with me and when we went to the consulate to get the forms for a spousal visa, I guess she forgot to tuck that morning because when we went to consultate to get the forms, the consul took one look and said "sorry mate, you can't import another bloke on a spousal visa". Hit me pretty hard, then I realised what it must feel like for my son not to be able to get married. What if he decided to come round to my way of thinking and import a wife? Knew I had to vote yes after that.

>>11313181

Idiot. the banks are indeed doing their own chainlink. Do you know what it is called? It's called chainlink….
Swift is collaborating with Sergey.

>>11313002
Not even that. No one will use oraclize either. Banks will just put supercomputers in every city. No need for oracles at all.

>>11313181
>what is swift?
>Who sanctioned CL?

Fucking newfags.

>>11313267
Serial Rapist Coin is going to revolutionize the way micropayments are distributed through decentralized nexuses of nodes and master nodes. The Hyper Network (HN) algorithm the SRC team has been developing for three years guarantees secure transactions recorded in the blockchain ledger that will take place nearly instantaneously. 90% of victims will not go to the police, and of the 10% that do, only 1% will be taken seriously by the authorities. Of that 1%, only 35% will be able to successfully open a case, and only 8% of those will end in a conviction.

Don't get caught because of lack of privacy and outdated hashing algorithms. Buy Serial Rapist Coin now, and see gains force themselves upon you from all angles in the coming weeks, months and years

>>11312966
checked
we will all make it

>>11313930
It's not "making it" if you're there, pajeet. Reminder that.

>>11313181
it's widely assumed that LINK "is" a bank project, what with the SWIFT connection etc.

>>11312966
always appreciate a comfy post. thanks fren

>>11312966
Thanks for the thread

>>11313331
>>11313236
>>11313181
>>11313002
Lol. What kind of fucking rebuttals are these? This is all you fucking retards have anymore? DAY 1 fags. This is pathetic. This is shit that's been knowm since the ICO LMAO. And all you can come out with is muh banks will come out with their own. Fucking end yourself.

>>11313958
This. Sergey was asked to put together a corporate structure of a team by them. That's why it took him months after the ico to get it all squared away. Months to hire a marketing director business development lead and head of operations. They weren't going to have a 2 man team implement a bank standard and wanted it to be as professional as possible. They probably paid him a salary as a consultant for sometime. All he literally has to fucking do is launch by their deadline without a hitch and you can then start figuring out what the fuck you wanna do with the boatloads of passive income that will be coming in via nodes.

>>11313267

i cant wait to integrate link with UPS they deliver 20 million packages a day im sure they want to pay 30 cents for each of these to track their packages!

>>11313002
its not about proofs you idiot, it's about availability and business continuity. no fucking enterprise is going to rely on using some startups servers in entity. if that was the case, then why even use blockchain.

>>11314719
>I'm sure it will work like that

chainlink marketing vid

https://youtu.be/3oYb4k2XGeQ

>>11314759
I cant wait to track 1.73 million passengers flying per day. Im sure airlines will pay for this great service!

>https://docs.chain.link/docs/easypost-chainlink-testnet

HAHAHAHAHAHA MORE EMPTY PROMISES..remember all these 'insiders' this year promising each month somthing will happen and then NOTHING happens everytime god damn time HAHAHAHA HERES THE NEXT PROMISE UP TO BAT HAHHAHA im all in on link but seriously nothing is coming true....we are still bleeding to 30 cents...linktober is going great! I dont even know what to believe anymore...it almost does seem true these are discord faggots raising our hopes to fuck with us.....screencapped this post if link is still 30 cents end of october i will poop in my hand and throw it at a picture of sergey

>>11313331
this. fuckin morons talkin about oracles n shiet. all theys need is dem super computes. dayum it's like ya'll never went to college

>>11313181
Fuck off astro. just because you lost all of your link doesnt mean you can carry on fudding us.

>>11313181
He doesn't know SWIFT created ChainLink..

He doesn't know that banks need an open source protocol for this all to work properly and for them to remain relevant in the future

1/2

PSD2 is the primary reason I became involved with ChainLink. For context, I work in the Financial Services sector in the EMEA region, and I can tell you it is all about PSD2. In 2019, every European Financial Institution must provide API support for payment initiation and account enquiry made by the incoming onslaught of new Fintechs.

The banking landscape in Europe will change radically in a short period as Europeans begin to take advantage of the latest technology offered by Fintechs to meet their banking needs in today's world. Blockchain technology has come along at precisely the right time, and DLT has become almost as big of a buzz-word as Fintech itself. Also, in extraordinarily good timing comes ChainLink, a service that bridges the gap between Fintechs using DLT and Financial Institution APIs.

Behind the shiny new APIs lies the prize that SmartContract have evidently positioned themselves on - legacy payment systems that will accept nothing but the payment formats they were originally designed for. This format is likely to be the new (actually >15 years old) ISO 20022 XML format. Any Fintechs wishing to make use of the new APIs can bet for sure that the Banks will not be converting formats on their behalf and instead will need to submit instructions in ISO 20022 format. Through their PoC with SWIFT, ChainLink has proven themselves as being capable of not just bridging the gap, but supporting the very formats that will run the post-PSD2 banking world.

There is a lot of speculation since the PoC about a partnership with SWIFT. For me, SWIFT has already given ChainLink something very valuable; a platform on the closed stage of the Financial Services Industry. SWIFT is seen in the sector as the keeper and enforcer of best practice for financial messaging standards so when Fintechs and Banks decide which Oracle services to use, ChainLink stands poised as a service made credible by SWIFT.

2/2

It's important to note that after the introduction of PSD2 APIs, Banks and Fintechs will not require SWIFT's telecommunications to communicate and therefore can work directly with ChainLink to connect to on-chain/off-chain data.

Often people suggest firms will just build their own oracles, but the reality is Banks will not be providing this service as, unsurprisingly, they aren't going to make the job any easier for 3rd party Fintechs. Meanwhile, Fintechs are often brand new companies who are not going to be spending their start-up funds re-writing Microsoft Outlook just because they can - they will simply engage with the industry standard oracle; ChainLink.

As you can tell, I am bullish about ChainLink. Often in crypto, the old saying about how the guy selling shovels in a gold rush is the one to get rich. Well, I believe PSD2 is another gold rush and ChainLink is the first in the door selling the shovels, the diggers, and the whole wash plant.

>>11312966
>>11315953
>>11315961
Listen I genuinely care about about Anons financial well being. Its hard as shit to get ahead in life now, not just working 9-5 for the rest of your life. The sooner you start saving the sooner you can get ahead in life. Chainlink is a meme started by 4chan (an infamous trolling board) to lead people to financial ruin. This is NOT A JOKE. Don't let your saved wealth be thrown away over night. Vitalik Buterin the creator of ethereum said himself the days of making x100 or x1000 are over, that right the guy who created the second most popular crypto said himself those days are over. Now 4chan is trying to get people to lose even more money after the December/January bloodbath. Smart money already exited the crypto world. Crypto is basically a highly specialized database, companies don't need this. They will just create their own private blockchains. There is no need for crypto chainlink isn't even needed to run the nodes. Think XRP when you think chainlink. The company ripple (smartcontracts) is doing well but the coin XRP(chainlink) isn't even needed for the companies technology. Considering what Vitalik said "The days of making x100 or x1000 returns are over." Chainlink needs a 399900% increase in price over the next couple of months to reach $1000 this is ludicrous. Don't fall for it, chainlink its a meme to fuck you over. Consider this for chainlink at current price to reach $1 you need an increase of 700% or a 233% increase every month until EOY. This is a 4chan meme to siphon money out of the hands of the already vulnerable.

>>11315998

Fuck off with the most boring, unimaginative copy pasta you shit-for-brains street shitting pajeet,

If you've not accumulated by now your a fucking moron.

>>11312966
Well said. Chainlink is vital to the smartcontract economy and billions in value will flow through decentralized nodes.

>>11312966
I have 60 LINK right now. Should I store them in a hardware wallet?

>>11313002
Dumbshit. Oraclize already went went down few times. this is the reason oracles should not be centralized. for issues just like this. NO BANK will use a a centralized system that is prone for to go down for long term contracts. Once there is disruption the smartcontract is useless.

Wake the fuck up you dumbshit.

Chainlink is the access to decentralization. Old legacy system or new ones.

>>11316035
It’s dangerous to keep large amounts like that on exchanges

>>11316035

60 LINK ? Who gives a fuck.

If you had 60,000 then fucking 100% YES - get those fuckers on a Ledger Nano S or similar!

Bump good
Thread.

>>11312966
This guy is gonna make it. Checked stinky linky fren

>>11312966
Checked
>>11315953
>>11315961

>>11312984
loool high key true. i realized this half way through a CS/Math degree. devs just glue together api's that real scientists built. it isn't quite so simple (design patterns must be followed), but that's essentially it. kek. switched to mathematical finance after this revelation

>>11313331
i love you so much for this oldfag copy pasta

>>11317315
glue together libraries* but you know what i mean