/biz/ - Business & Finance

>>13103020

Because if they don't, /biz/nessmen will have to admit they were part of a cargo cult centered on a fat russian guy, who wears Chris-Chan shirts, and repeats the same 8 point talk at every 'presentation.'

>>13103020
Cus they stinky.

Why do I think is just pump and dump shitcoin for shity partnerships with some ICOs and scam projects ?

Cost effective standard

I'm actually more qualified to talk about this than most anons.I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto.

Now I can already hear your keyboards going frantic, but hear me out. /biz/ hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust.

'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have reputation, but in real life not on a computer screen.

The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world application' hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Etherum hit. Happy gambling though anons

>>13103020
Anon, it's a meme.

>>13103243
Great speech

no

>>13103243
Fuck you

>>13103020
actually lolled. respect.

>>13103596
This DESU.

>>13103243
This copypasta again

>>13103227
Thanks for the new fap pic

Someone actually saved my shitty oc I'm proud

>>13103020
is this truth behind the infamous chainlink?