/biz/ - Business & Finance

>>22821343
let’s just pray launcher.finance has some sort of delay or else 4,000,000 pajeets will be creating DeFi shitcoins every hour

LINK, why learn about high risk rugpulls when you can just hold LINK. Did every eth buyer got into ICOs? The minority did, and the majority of those got dumped on

>>22821444
Based and link pilled

>>22821444
Defi is a direct consequence of Link, this is the future Sirgay envisioned. You can't have Defi without accurate price feeds.

>>22821562
I don't disagree, but as a low risk gambler you don't need to be in defi to hold LINK

>>22821444
Checked

>>22821444
based esl anon. checked. This is not twitter faggot we don't care about link usecases we care about link

>>22821444
>>22821517
>>22821562
Chainlink isn't even defi..

>>22821921
Yeah but its idiotic to not be in Defi or to at least understand it. It's like ignoring bitcoin in 2012.

Defi has the potential to be a multi trillion dollar industry and the people who take the time to understand it now will be the interest masters of the future.

>>22822012
Defi is a usecase of Chainlink

>>22822012
technically speaking. But without price feeds keeping track of defi assets, not defi. Sure you can bet on BAND, tellor, mobius, whatever, but LINK is the star
>>22822051
2012 was only Bitcoin or selling Lama socks or Hashoil for bitcoin, which would be defi in that case. You are right, simply buying bitcoin would have been less profitable than selling socks or starting a new exchange, building wallets

>>22821444
>majority got dumped on
Newfag spotted, litterally every single semi legit looking ico went 5-10x

Does DeFi refer to these weird yield farming gimmicks only or does it include any coin staking/interest earning in general?

>>22822178
They did 5-10x momentarily and then promptly dumped to 0. Same exact thing happening with defi scams right now.

They understand it enough to know it's a scam and they don't need to gamble anymore with scams to make it thanks to Link.

>>22822247
Link is a scam

4000% APY for a about 1-2 days and then poof it's negative for the rest of existence. That's the problem, no stability in returns.

holy shit you're all retarded I'm gonna be so rich

The people people behind finance 1.0 are moving their money to DEFI that is all you need to know. The derivatives market will be tokenised in the near future. SNX and UMA will rule the roost.

What about Polkadot? Is it a genuine contender? I think so

At what point does the bar of entry become too high for brainlets? Were not even that deep in yet and people are already being left behind.

I thought it was difficult trying to explain BTC to normies in 2014. Defi has increased the bar of entry to understand this technology drastically.

>>22822228
DeFi is mostly referring to decentralized lending and borrowing.

>>22822051
> ignoring rug pull musical chairs is like ignoring btc early
okay anon

Everyone on this board is very lucky, we are on the point marked on the J curve attached. Remember crypto is only used by 1% of the world. All you have to do now is pick the right project, put a good investment in and hodl, even if there is a few more percent adoption the market could essentially double or quadruple very quickly.

>>22821343
First you take finance and then you add decentralized to the front.