/biz/ - Business & Finance

I will post this once and once only.

This board killed CL. CL was never supposed to have such massive adoption from faggot neets that had nothing to offer other than shitposting. CL only has value if there's a network of node operators that ACTUALLY PROVIDE VALUE. Hodling =/= providing value. This was a project that originated in Basel, and you faggots were never invited. The Chainlink project was burned, and the global financial system has moved on. Did you really think 1.4 quadrillion would be moved on to the CL network despite /biz/ subversion because of "muh sunk costs"? Lol no, and I have to hand it to you. You glorious bastards beat the living piss out of the international bankers ON THEIR OWN TURF.

Decentralized oracles were a good idea. But now its far too costly to get traction (because big % is held by faggy neets that think getting rich is easy). Banks are just going to use APIs from their current sources. Do you seriously think you need a decentralized oracle network to get the interest rate feed from the Fed? It's on their fucking website. Do you seriously think Moody's, S&P, Reuters, Bloomberg etc. aren't reliable sources of data for derivatives markets? Because if you do, you're fucking retarded--they're already providing the data. A derivatives market built on the Etherium network doesn't need CL just so it can have "extra trust" in Vanguard....