/biz/ - Business & Finance

>>13124315
Wtf, I love Rory now

>>13124315
rory is our guy, I know your kind likes to use yikes ironically but that in itself is yikes-worthy. Fuck off kike

He did fine

>>13124368
>rory is our guy
y i k e s

He did great
But bad example. A smart contract won't force anyone to handover key's to a house

when the dude from chainlink doesnt even know what it is lmfo

>>13124412
Eh, what I'm more interested in is how many contracts actually see issues like these currently. I have no idea what the frequency and scope of the problem is which makes it very hard to determine the value of the solution.

Does anyone have data around this? I'm wondering why these smart contract companies don't call attention to how much $ is lost from smart contracts not existing.

>>13124368
>>13124385
>>13124412
Can any of you unironic shills explain why the token exists? Why not just use Eth or the native token of the platform? It's the same thing with Bancor vs. Uniswap, Sirgay and Boary are just rentseeking on a token that has no reason to exist

>>13124516
Chainlink is designed to be blockchain agnostic. Having its own currency to be used on the platform allows it to maintain independence from any issues that may arise from other altcoins out there.

>>13124516
STAKING DYOR SEARCH THE FUCKING ARCHIVES FAGGOT

>>13124516
And unironic is a not a word, stop using it.

>>13124315
based Rory

LOL LOOK AT THE CUT THEY DID BEFORE HE MENTIONED MAINNET! THEY CUTTED THE DATE OUT

I've done literally hundreds of hours of research and my final conclusion based on my findings is that chainlink is hot garbage. Won't have any real world impact and is likely destined to fail.

>chainlink community manager is an obese moon-faced balding basedboy

yikes
imagine investing in this

>>13124315
Why does he remind me of Alex Jones?

>>13124315

>>13124315

what the hell is this shit? i didnt read the whitepaper, didnt watch any of that fat cunt sergeys speeches because you said they were all the same, didnt do any research at all, i just bought it because of the memes... did i just get dabbed on by fucking biz? is this chainlink shit all a joke? is it true this rory guy is a cuck? all my life savings are in this...

I came like 4 times , this shit needs to be on pornhub.

>>13124516
>Why not just use Eth
I know you're just a shitposter but I can't resist this one. In a staking platform you need to have a native asset, drawing from a larger asset pool is a security hazard. So shitcoin or not it is structurally necessary for chainlink to have its own token. This is in contrast to payment tokens like BAT which really don't need to exist.
>>13124315
I really enjoy that Rory looks like a guy from a hardware store

>>13124315
He's manlier than I think.
Jonny, on the other hand, is a faggot
https://www.youtube.com/watch?v=Mm6_SGcew5g

>>13124741
Looks to me like Rory is bucking that cuck image. Good for him

>>13124315
oof, yikes, not based or redpilled, seething, kek

>>13124438
>Does anyone have data around this?
No because that's not how data works. Anyone offering you hard data about future usage of a groundbreaking tech is talking shit. In 1995 were you reading reports about lost business efficiencies because Uber didn't exist?

>>13124804

fuck this guy i want my fucking money back

>>13124438
>t. absolute brainlet
I'm asking for data around the PROBLEM, not the solution. How much money is lost due to inefficiencies with current contracts which smart contracts claim to solve for? This is business 101, kiddo.

>>13124813
>t. absolute brainlet
I'm asking for data around the PROBLEM, not the solution. How much money is lost due to inefficiencies with current contracts which smart contracts claim to solve for? This is business 101, kiddo.

>>13124813
Also to answer your absolute retard IQ level question about Uber, yes, I can guarantee that Uber did a market analysis and determined how much money was being essentially lost by inefficiencies in the current taxi/ride share industry before they were able to raise hundreds of millions of dollars to solve that problem. I personally know one of the first 10 uber employees, but beyond that it only takes average intelligence to understand a ground breaking business doesn't form from some fucking random idea. People identify market inefficiencies and work to solve for them. There is literally no other way.

>>13124813
Where are all the time travelers when you need them, amirite?

based rory

>>13124941
>I can guarantee that Uber did a market analysis
I can guarantee it was 100 litres of unicorn fart.

>>13124315
Reminder that Rory is a cuck

>>13125064
That's his kid. You do realise that sometimes white couples can have a black baby?! Fucking racist scumbag

>>13124694
We all know you're fat as fuck so why don't you go stuff some more tendies in your mouth.

>>13124315
I seriously didn't know that Rory is almost as fat as Sergey. Did they match at McD?

>>13125064
At least he can say the N word

After looking at the comments, you autistic mongoloids will unironically cause them to rebrand and shadowfork.

>>13125584
> G4Y

>>13125546
Yes. They matched on Grindr and had their first date at the local McDonalds. After chaitting for a while, they learned that they both had the same favorite sex position; and that’s where the name for their erc667 token comes from.

>>13124315
The video itself is cringeworthy but the comments are even worse

>>13124618
Lmfao I noticed that too

>>13124618
>cutted

>>13124412
No but it can automatically file a lawsuit for you, notify the police with the fraudulent party’s information and even order a mcdonald delivery whenyour lawyer gets the info

You guys don’t understand that this is what costs money and time when you have a case of fraud. You can automate and smartcontract everything. Only a person who has never read a proper contract would think «duhh can’t hand me the keys LOL»

Guy does not pay? Trigger a contract that deals with this shit calling lawyers and cops
A contract can trigger another contract

>>13124315
WHO DA FOOK IS DAT GOY??????

>those comments

/biz/ is going to ruin this project

imagine thinking these people command any respect from financial institutions or businesses anywhere.

>>13124575
https://www.merriam-webster.com/dictionary/unironic

>>13126009
Yeah... THAT'S what's going to ruin it...

>>13124801
What is wrong with him?
First time going out in public?

Looks like the run up to mainnet is doing more physical damage to him than Sergey.

>>13126394
This. He looks really JUSTed

>>13124801
I'm financially and emotionally ruined

>>13124315
Guys, I like to shitpost in the comments about how it's gonna dump and what its next target gonna be, how 4channel tried to force it as /ourcoin/ and so on and so on... But the Hitler and jew stuff is too much for youtube and the mainstream (for now). Let's not try to abort this fetus before it's born. I agree that the jews are the primary force of evil on this earth right now but it's not smart to scare away legit business people from considering building on top of Chainlink.

>>13126448
The "Hitler" comments come from link haters false-flagging as link-owners.

>>13126448

ok, sorry sergey. we shall stop shitposting on normie sites. thanks for dropping by, heil nazarov, heil chainlink. seig heil.

>>13126448
too bad sergey, this is what you should have expected when you started paying pajeets to spam this shitcoin on 4chan

>>13126448
Found the jew
We are not falling for your tricks kikenstein

HOLY FUCK THIS IS GREAT

Cucked by Rory.

>>13124315
he's like a civilised and sane version of alex jones

>>13126753
the virgin Versetty vs the Chad Rory

>>13125584
I really don't get what goes through the minds of the autistic lunatics taking 4chan-exclusive banter and forcing it into other places, where it is amusing to literally zero people

>>13126854

fuck off normie

>>13126859
ur mom gay faggot

>>13126854
They're trolling you dumbass. They're also stupid and poor.

>>13126854
this. /facepalm to those comments

>>13126908
>trolling the thing thats going to make you rich by killing the idea before it even launches
>>whew must be retarded

he's probably reading this now
say something nice about him

>>13125064
Don't post peoples kids on this board man..

>>13124438
It's not that it happens often - it's that it costs companies lots of money to mitigate the chances of it happening and document the finances and analyze the risk involved. By automating contracts and reliable (not from one source/single point of failure) real world data collection, companies will be able to cut ALL of these massive costs from their budgets and staffing.

>>13124315
Why does Rory sound like Alex Jones

>>13126029
There's also a description for "irregardless". You think that's a word too?

>>13127034
that's because of Alpha Male Ultra Vitality©, now with reptilian extract

>>13124315

>>13124315
He sounds like alex jones

>>13124315
wtf is this shit

>>13127077
Lel’d

>>13125870
Fuuuck dude. I finally get this lawyer stuff and how it's going to automate it. I've been reading here about LINK since 2017 dec and I've understood the financial parts like derivatives and bonds, but now I finally get the lawyer part. Fuck me this is great. Like this is something that I would want for myself to use. Shit just blew my mind.

>>13124315
u see his lil bracelet on the left hand. his little wook bracelet giveaway firefylev2 scammer

>>13127390
kek

>>13124575
It is a word. He's still a fahgot tho

>>13124412
Not a key but it could transfer the deed and then you get the people living in your house evicted.

>>13127049
Hmm, you have a point. Both are even playable in Scrabble.

>>13124941
>>13124954
look at settlement fail

https://ftalphaville.ft.com/2011/06/03/584286/to-settlement-fail-or-not-to-fail/

>>13124315

>>13125870
My point is where is the oracle for a physical event like handing a set of keys over?
>I say he didn't
>He says he did
No amount of electronic contracts solve that problem. It still needs human intervention
The electronic contract triggers are great, but the example rory used is shit

>>13129254
fully automated luxury surveilance AI distributed communist governance my nigga

>>13129263
automated repossession drone oracles

>>13129254
These are non binary inputs and “subjective inputs” which chainlink isn’t and probably never will be able to work with

However you can have a contract for a house that forces the title out or unlocks a lockbox with the keys

https://www.youtube.com/watch?v=5rxy8Y3gfOw

Fucking hell everything 4chan ever touches is a big giant fucking meme

>>13129254
yes retard we realize chainlink isnt offering a god oracle that can do everything under the sun. Rory used the house example because its easy to understand.

>>13129254
Electronic locks/biometric access
Not even that difficult. How about other physical events? This is an interesting topic.

>>13129300
>rory used an easy to understand example that isnt possible with chainlink
Back to the original point, shit example

>>13127367
The law stuff is retarded. No lawyer will be doing that shit for 20 years it’s too comp sci intensive. I just print out the boilerplate contract and fill in the blanks and it’s done in thirty minutes max

>>13129381
OpenLaw is doing it already, fuccboi

>>13129297
I like how he goes on a big rant for the "how would you describe it to your grandma" section. Yeah, grandma checked out after the first sentence, bud.

>>13129441
>OpenLaw is doing it already
>OpenLaw

>>13129372
oh ok shit example its been acknowledge what do you want a fucking reward? Sperg out somewhere else.

wtf is Rory talking about at 2:01? ETH magicians?

>>13129503
The reward is when people stop chasing their tail trying to explain how Rorys example makes sense for the product they are building

>>13124954

>my boyfriend's dad owns uber

I finally understood ChainLink

>>13126448
Hello, "M". Are you still at it?

>>13126009
>>13126854
This is why we're not gonna make it
Autism is how we found it, autism is how we destroy it

>>13124782
>I really enjoy that Rory looks like a guy from a hardware store

Same, seems like a real human. Not some s0i male that typically exists in this space.

Just bought more LINK after seeing this.

just bought 1 million fake yt views and likes to the video, strap in

>>13130788
Based

>>13130788
yum

>>13129254
>implying that an IoT future won't have biometrics or digital-based keys stored on the enclave of your cellphone.
the absolute state

>>13130788
Based, Aryan digits, and redpilled

>>13130788
HEIL HONKLER

>>13129254
If you are the provable owner of the house, locks don't matter.
You can bring the full force of the police with you to change them lickety split.

>>13129381
>No lawyer will be doing that shit
Lol that's the point, smartass.

>>13124315

>>13124438
Wanna make a contract that says if I walk 10,000 steps a day mum must give me $100? Tough luck you can't
Wanna make a contract that says if mum doesn't cook my tendies by 1am i get $100? Tough luck again
Wanna make a contract that says if i park in your yard I pay you $1 per hour? Nah you can't do that
Wanna make a contract that says if there are more mouse pictures on 4chan than snibs pictures snibs posters get the snap? That's a yikes from me
Wanna make DAI? You can't do that without an oracle
Wanna make smart contracts connect to bank accounts? Nah you can't do that
Wanna make a website that allows people from all over the world to invest in US financial markets in a decentralised way? Nah you can't do that
Wanna make game that has a truly random element to it? (Think casinos, lotteries, etc) Well nah you can't do that
Wanna make a contract that pays someone for taking pictures of flowers to train someone's AI algorithm? Nah you can't do that

So what can you do currently with smart contracts you may ask?

You can build games without an element of randomness to them, think crypto kitties and Fomo3D, and you can create tokens for useless shit. Everything else needs an oracle.

Fuck rory did a shit job at explaining but.

>>13132178
>Tough luck you can't
You're not imaginative enough to figure out how to do it.

>>13132178
Wanna make a good post? Nah you can't do that

>>13132034
some things require a physical human element which cannot be resolved with an automated digital agreement.
Rory chose one of these things as an example of how a digital agreement can help (it cant), stop trying to make his explanation work, its shit.

>>13132356

>>13132360
>I can't think how to do it, therefore it's impossible anyone can
Narcissism at it's most venomous

>>13132360
But it does work.
Ownership was transferred in an immutable way.
The locks on that house mean diddly squat.

>>13132178
I have a decentralized backhand for when mommy doesn’t make tendies on time. It is well coded so I’ve only had to execute the function a couple times.

>>13132387
ever owned a property and had to physically evict someone?
know how helpful the police are? (not very)
know how long it takes? regardless of proof of ownership

its all fine and dandy in the digital pretend world, try getting someone out who just foreclosed and doesn't want to leave (as an example).

>>13132477
Giving a hint to the police can be done without a human triggering it, which allows the mechanism to scale. The raw threat of an automaton doing it instead of a manipulable human has power in itself.

>4,338 views

>>13132178
>Wanna make a contract that says if there are more mouse pictures on 4chan than snibs pictures snibs posters get the snap? That's a yikes from me

heeeheheheheHeheheHEHEHEHhehehe

>>13126009
Yep. Fucking faggots.