/biz/ - Business & Finance

[Anonymous No.10443023]

Poor, poor linkies. Not even the devs support your shitty uninformed theories.

[Anonymous No.10443032]

deluded stinkies BTFO again

[Anonymous No.10443042]

>>10443023
>Rory
>dev

[Anonymous No.10443066]

>>10443042
He's more informed than a shitposting pajeet on /biz/, stupid pedant.

[Anonymous No.10443075]

Unironically, what do you mean by that question? I mean, the returns from 0 to 0.00001 LINK are huge in relative terms. The operator with more linkies would be able to access more tasks and very probably earn more in absolute terms. But this is all of course, if they want to be apid in LINK. Otherwise, it gets weird.

[Anonymous No.10443087]

>>10443066
His wife's son would disagree.

[Anonymous No.10443089]

Did you say...nerd?

[Anonymous No.10443106]

>>10443023
Is this true ?

[Anonymous No.10443117]

>>10443106
Go to the Telegram and see for yourself. They debunk /biz/ bullshit all the time and genuinely seem confused how stupid the theories are from this website.

Sold the last of my Link, stupid pajeets scammed me again.

[Anonymous No.10443192]

>>10443117
But Link is on an uptrend for 3 days now..
Also node ops must stake Link to run the node..
Somebody is lieing here.

[Anonymous No.10443203]

>>10443087
HAHAHAHAHAHAHAHAHAHA RORY BTFO

[Anonymous No.10443228]

>>10443192
Link is not required

[Anonymous No.10443250]

Literally explained earlier today why node operators benefit form a high token price. And this brainlet had to go to "the teacher" to ask if it was true lol.

[Anonymous No.10443253]

[Anonymous No.10443259]

>>10443228
Th-then what is the whole purpose of having a LINK token ?

[Anonymous No.10443266]

>>10443228
Ok, then what is the purpose of Link ?
Only to pay node ops?

[Anonymous No.10443272]

Don't fall for the FUD, newbies.

[Anonymous No.10443387]

>>10443266

[Anonymous No.10443482]

>>10443089
Kek

[Anonymous No.10443489]

>>10443023
daily reminder that as of now, you would (((only))) need a daily non-stop +2.31% for 158 consecutive days in a row for LINK to reach $10 eoy, kek

[Anonymous No.10443514]

>>10443023

[Anonymous No.10443526]

>>10443514

LINKIES BTFO

[Anonymous No.10443546]

>>10443253
This makes me die inside every time I see it. How many blue pills has this faggot consumed

[Anonymous No.10443586]

>>10443117
I read the Telegram posts today, what OP isn't mentioning is that you need to stake LINK as collateral for higher payout contracts.
In other words its better to run a node with LINK than without.

[Anonymous No.10443601]

Is tradesatoshi legit? Cheap there, want to transfer some doge and buy link

[Anonymous No.10443606]

>>10443023
Jesus can you retards stop bothering rory with those retarded questions? Post them here so we can call you retarded instead.

[Anonymous No.10443621]

Why are linkies so stinky? You can smell these scam threads a mile away.

[Anonymous No.10443650]

Fucking retarded faggots listening to these God damned fudding pajeets. This is straight from the god damn whitepaper you cunts. I feel like im literally sitting here spoonfeeding god damned retarded children. Why do i even care? Im in the top 1000 wallets. All in on link. Do what the fuck you want.

[Anonymous No.10443682]

>>10443650
Also. I literally hate all of you. I hate the people fudding it who know its gold. I hate the idiots who cant figure any of this out on their own. I hate all of you.

[Anonymous No.10443691]

>>10443650
PATRICK NO LIKE READING

[Anonymous No.10443715]

>>10443682
Anon I hope you have a nice day

[Anonymous No.10443731]

>>10443650
>>10443682
What are your thoughst on the whole "reputation providers" thing?
Why would you need to register your node with an ID? They said nodes will be chosen randomly from a pool of possible nodes (depending on how strict your criteria are) so why the need to know who owns which node?

[Anonymous No.10443741]

>>10443650
>top 1000 wallets
top 40 wallet here. fite me

[Anonymous No.10443754]

>>10443650
>>10443682

[Anonymous No.10443782]

Is LINK a Nigerian coin?

[Anonymous No.10443890]

You'll get LINK tokens for running a node. That's the incentive. The token will appreciate in value to make it worthwhile. Easy as that. I think it's good that you don't necessarily need LINK to run a node. Makes it more legit in my opinion.

[Anonymous No.10443905]

>>10443731
Sybil attacks.

[Anonymous No.10443912]

>>10443682
No, link is not gold.

Gold is actual real physical tangible wealth that you can hold in your hand and has been money for 5,000 years.

Even says in the constitution, only gold and silver shall be legal tender. This was put in there because our forefathers had the presence of mind to know that Jews would ultimately try and take us off a gold standard to confiscate all our wealth through inflation.... and they knew this would also lead to a bunch of NEETS on a carpet bagging racist anime forum to throw all their money into crypto because it's impossible to make it otherwise when gold doesn't back the currency anymore.

And if any of you stupid fucks don't believe me...... then how come 100k went a lot further 30 years ago than it does today.

Gold standard means low prices crypto doesn't solve skyrocketing prices.

So after you make it with link you need to buy gold

[Anonymous No.10443922]

>>10443905
so what's stopping someone from setting up hundreds of nodes under different names?

[Anonymous No.10443934]

>This is Rory, yeah, they're at it again. Prices are going up too soon. What's your call?

[Anonymous No.10443948]

>>10443912
nope, link will do nothing but grow when the network is fully established

[Anonymous No.10443966]

>>10443023
Unless the node operators are hodling, it literally does not matter what value the Link token is.
Link could be 1 billion USD, and you could still pay someone 1 cent worth of Link.

The price of Link will be determined ONLY by the forces of supply & demand.

And yes, you can operate a node without any Link tokens, but only retards who STILL haven't read the white paper after almost a full year will delude themselves into thinking that's somehow bad.

[Anonymous No.10443983]

>>10443948
I'm not saying the network won't grow I hve 50k link. I'm behind it 100%.

But it's important to keep it after you make it. Cuz the kikes are still confiscating all our wealth through inflation. Currency crisis.

You should NEVER keep your wealth in a govt controlled Jew controlled bank. This should be common sense but most people are brainwashed zombies today.

[Anonymous No.10444001]

>>10443023
>What do you mean?
>We addressed this question a little earlier today
Straight fucking retard

[Anonymous No.10444011]

>>10443966
>The price of Link will be determined ONLY by the forces of supply & demand.
And to give you some insight, because so many of you are finger-sniffing retards:

Even if (IF) major companies set up their own private nodes and run them without ever using a single Link token, the mere knowledge that these companies are relying on Chainlink will have a M A S S I V E marketing effect.
Not only will people want a piece of whatever those companies are using for pure investment/speculation purposes; but also private persons will know the network is reliable and thus use it for their own smart contracts.

And knowing that smart contracts allow for things like peer-to-peer crowdfunded loans and insurances etc., the private users of chainlink (or smart contracts in general) may eventually put those "major companies" out of business.

[Anonymous No.10444162]

>>10443912
Gold is a rock you can find on the ground. And thousands of years doesnt apply any more. If you invested in horses in 1900 because people have been using them for thousands of years....

[Anonymous No.10444170]

So, what is the Link token for?

[Anonymous No.10444183]

>>10444170
Fundraising token to buy big macs

[Anonymous No.10444186]

>>10443272
This

[Anonymous No.10444197]

>Link literally one of the few top 100 CMC coins in the green
>faggots didn't get the dip they wanted
>sudden influx of FUD

Really makes you think

[Anonymous No.10444228]

>>10443023
Why are we living rent free in your head if you are so sure that its shit?

[Anonymous No.10444258]

>>10443912
It may be necessary to deal with regional laws to know what node did what in case of something fucked up happening. You're running your node and you gave forbidden illegal information to a contract that was illegal for you to provide. So you can have insider information contracts and you get paid in LINK but you can also go to prison as an accesory to murder for supplying data to an assasination contract. It could be useful to know what nodes did what. So it could be useful for governments to have some kind of national regulation along the lines of
> Information providers must be identifiable after the contract has been executed, otherwise the information providers and contract developers are outlaws and we'll show their skulls on pikes
That could suck for you but it could keep the network running.

Just mentally masturbating here, in the end it's this node has a number, just like you can have a mac address and an IP. What's exactly worrying you about that?

[Anonymous No.10444262]

>>10443259
Collateral for trustless scenarios.

[Anonymous No.10444298]

>>10443023

Hahaahahh..hahahha....HAHAHHAHAHAHAH.

[Anonymous No.10444314]

>>10443259
>>10444170
Read the fucking white paper.

[Anonymous No.10444394]

>>10444197
plus all the newfrens that FUD to be spoonfed

[Anonymous No.10444395]

>>10443023

Wow biz, you’re fucking retarded. You understand that utility tokens aren’t meant to have any monetary value? The only reason they have any current “value” is because retards like everyone here like to Gamble... err, sorry, “speculate”. One “side effect” of decentralized block chain technology is that anybody can acquire, spend or use (in a sense) the digital assets.

If you read the documentation behind Chain Link it is fucking clear as day that there is no fucking intention for the token itself to have ANY value whatsoever. There is literally no need for link to be worth ANYTHING. You guys are completely deluded. Why do you think the CL team does nothin to “hype” the coin, they don’t care about the price of LINK because it literally has no value, it’s simply a chunky cheese token and they can create more if they need to, and they will once main net it up and running. Of course nobody is going to address this because it would incite negativity from all of you “investors”. You need to understand LINK isnworthless by intention it is simply a requirement for the technology to operate.

[Anonymous No.10444416]

>>10444395
damn you stoopid, stay broke

[Anonymous No.10444439]

>>10443023
>To run a node you do not need LINK.

HahhahahahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahhaHahhahahahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahhahHahhahahahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahhahHahhahahahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahhahHahhahahahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahhah

[Anonymous No.10444455]

>>10444395
>utility tokens aren’t meant to have any monetary value
What value do shares have, other than speculative?

[Anonymous No.10444472]

>>10444439
>>10444298
Hello newfrens.
This hasn't been news for almost a year.

[Anonymous No.10444483]

>>10444444#

[Anonymous No.10444489]

>>10444395
I don't know, I'm a speculator and a gambler. Token price (when converted to hamburguers) is always the hardest part for me to think about because I just really don't know. Maybe the bottom was extremely overpriced I accept that.

[Anonymous No.10444500]

>>10443650
how does a link token format data into blokchain readable formats? and how is it used for off chain computation?

[Anonymous No.10444520]

>>10444500
>pls spoonfeed me because I'm too lazy to read the white paper

[Anonymous No.10444524]

>>10444455
You own shares in a company, you actually own a share of the company. The better the company performs the more its worth hence your shares.
Link could be the best running entity in crypto but doesn't mean its utility token will be worth anything. Completely different anon

[Anonymous No.10444535]

>>10444162
How does gold not apply anymore? Gold is still real savings and real wealth.

The problem is with fiat currencies, not gold.

You morons think crypto internet invisible money will make gold ... a rare earth metal.... worthless?

Are you black or just stupid?

[Anonymous No.10444568]

>>10444524
>The better the company performs the more its worth
Wait, are you talking about shares or utility tokens?

[Anonymous No.10444598]

>>10443023
ohhh man. i'm literally crying. 6 monhts ago posts like changed my mind not to buy link. after doing few months of research...now i'm all in. buying every month a little cuz i'm a europoor student (only 3k now and won't stop til 10k), but...it's hard to see these little souls who think this fud is legit. nwm i need more, so godspeed anon.

[Anonymous No.10444606]

>>10444520
do you know that info off the top of your head or not? im just curious and dont have time to read the white paper right now, im shitposting in between work

[Anonymous No.10444622]

>>10444606
>do you know that info off the top of your head or not?
Of course. I read the white paper.

[Anonymous No.10444635]

>>10444598
*months
**posts like these

[Anonymous No.10444655]

Will I make it?

[Anonymous No.10444791]

>>10444622
oh, ok cool. could your briefly summarize how that works?

[Anonymous No.10444815]

>>10443489
Good thing we got kickstarted at +30% :^)

[Anonymous No.10444854]

No link required to run a node. We all will make it. Free money for everyone. R...right guys?

[Anonymous No.10444858]

>>10444655
To the nearest homeless shelter

[Anonymous No.10444870]

>>10443912
It literally takes one asteroid full of gold to obsolete it. Bitcoin is gold 2.0 bud.

[Anonymous No.10444898]

>>10444197
I was going to buy more with cash if it dropped below 14 cents. We may or may not see that, but i'm set either way

[Anonymous No.10444937]

>>10444858
with that much link, if he goes homeless and holds for 5 years he'll be able to sell his link will at least be able to afford to get off his feet. maybe rent an apartment for a few months while he looks for a job.

worthy investment

[Anonymous No.10444958]

>>10444870
Ok brainlet.... 1 asteroid of gold makes gold worthless.

So what in the actual fuck would be the purpose of mining gold on an asteroid just to make it worthless when you bring it back to earth?

I swear to god..... I feel like I'm
Being trolled on this board into believing you people are smart but are actual all black people here

[Anonymous No.10444990]

>>10444870
Bitcoin is not gold 2.0

Dummies like you don't even understand the first primary function of money... which is to MEASURE VALUE of goods exchanged for it.

You can't measure value in bitcorns. And nothing has measured value better than gold. Today... nothing measures value better than gold despite it being demonetized and nothing has measured value for 5,000 years better than gold hence why it's been money for milennia.

Your literally invested in bitcorns because the dollar is dying because it unirOnically isn't backed by gold. And you can't make it otherwise

[Anonymous No.10445030]

>>10444958
>>10444958
you are a retarded brainwashed fucking imbecile possum. Do you really think there are big gold nuggets floating in space and magic con man elon musk is going to mine them? Holy shit you probably think nasa went to mars and didnt just tint some photos red and cgi your fucking stupid stupid stupid pea brain

[Anonymous No.10445047]

>>10444535
bits of data on a storage device take up physical space

[Anonymous No.10445053]

>>10444500
> how does a link token format data into blokchain readable formats?
It depends on the data and from where you're getting it. Also "blokchain readable formats" sounds like a LINK buzzword to me, I don't know what that means.

> how is it used for off chain computation?
What's used is the result.
https://www.youtube.com/watch?v=ZA5fHnyjreA
It's not LINK, it's Town Crier, around 40 minutes in you have an example for credentials in SteamTrader.

[Anonymous No.10445082]

>>10444958
Not anti-gold, but explain this then. You're better off holding 10yr T bill than gold

[Anonymous No.10445087]

You guys who read the whitepaper and stopped there are in for a rude awakening. It's the equivalent of constructing a new house based off a blueprint, and when the builder fucks it up entirely you just say "no that didn't happen, I looked at the blueprint."

[Anonymous No.10445101]

>>10445047
Yeah except the fucking bits of data are electrons running around on a circuit board and it doesn't represent shit.

Gold is real physical tangible wealth and a unit of labor.

Your friend: hey Tyrone, guess what I bought today at the pet store? I bought a frog and he's really cool and I love feeding him crickets.

Tyrone (you): oh yeah? I own like 50 frogs and their names are all Pepe. And I send them to 4chan a lot.


get it now stupid? Your living in a fucking fantasy world.

[Anonymous No.10445108]

>>10445087
So what did they fuck up compared to the blueprint?

[Anonymous No.10445132]

>>10445053
thanks

[Anonymous No.10445138]

>>10445101
So the internet doesn't exists because it's not physically tangible? Computer software are worthless because no labor are involved? I understand where you're coming from, but your analogies doesn't make sense

[Anonymous No.10445141]

>>10445082
I'll explain it perfectly for you. Now seriously... repeat this in your head 10 times. And try and understand it... because the 100 year banker anti gold propaganda campaign has literally turned the masses into morons....


GOLD IS REAL SAVINGS.

GOLD IS SAVINGS.

Now repeat that 10 times in your head.


If the dollar dissapeared from earth tomorrow. My gold is 10000% unaffected by this.

Your valuing things in terms of dollars which is wrong.

Gold didn't all of a sudden become valuable when America was born and the dollar was created right? So why would you be valuing gold in terms of fiat?

[Anonymous No.10445170]

>>10445138
It exists im just saying that bitcorns aren't savings.

Gold is savings. Gold preserves your wealth.

100 years ago a gold ounce equaled a good weekly salary and it equaled 20$.

Today 20$ buys you virtually nothing but that gold ounce will equals a good weekly salary.

I understand people have been brainwashed but I can't understand how people can't understand something so simple when I'm spoon feeding it to them

The problem is debt. The world is swimming in debt. Crypto doesn't solve that problem. Crypto doesn't solve skyrocketing cost of living. Yes if link goes to 500$ then most of us will outpace inflation big time. But that doesn't fix the systematic problem of people getting poorer and poorer. And crypto won't fix that either

[Anonymous No.10445174]

>>10445101
nigga eat a fucking dick, you're original point was "muh 1s and 0s computers are strange magic ooga booga buy gold" but it's *literally* bullshit. I'm fucking buying gold. I'm fucking buying link. You just have a fundamental misconception on what value is. Fuck off.

[Anonymous No.10445181]

>>10445141
Why does gold have value?

[Anonymous No.10445188]

>>10445108
>pls spoonfeed me because I'm too lazy to dyor

[Anonymous No.10445199]

>>10445188
Lmao, you're the one claiming they fucked something up compared to the white paper, so it's on you to tell us what that is.

[Anonymous No.10445204]

>>10445174
So gold isn't valuable? If you had to take a time machine 100 years into the future and you could only put your wealth in bitcorns or gold. Which would you bring with you?

[Anonymous No.10445222]

>>10445141
So besides from saying gold gold gold, you didn't address the chart. No, I don't care about 5000 year ago, or 5000 from now. I care about its' value over my life time. Once again, I'm not anit gold.... but it's certainly not the only (or best store of value)

[Anonymous No.10445223]

>>10445174
I don't need some faggot to buy my gold in order for it to maintain value like you need someone to buy your bitcorns.

Virtually nobody in America owns any gold. Yet it's still as valuable today as it Was 100 and 1000 years ago

[Anonymous No.10445233]

>>10445199
Entitled cunt, just because you read the whitepaper doesn't mean I'm going to tell you how development has deviated from the initial goal.

[Anonymous No.10445246]

>>10445222
I did address the chart. The chart doesn't matter because you aren't supposed to be valuing gold in terms of dollars. If you go buy a gold ounce today at a coin shop, you will be buying it for the wrong reason.

[Anonymous No.10445254]

>>10445233
It hasn't deviated from the initial goal though.

[Anonymous No.10445271]

>>10445233
>>10445188
>>10445087
>GUY'SE CHAINLINK IS FUCKING UP
-How are they fucking up?
>I PLEAD THE FIFTH, AM I BEING DETAINED???

[Anonymous No.10445288]

>>10445204
HEY GUYS BUY GOLD BECAUSE TIME MACHINES OK

[Anonymous No.10445291]

>>10443023

[Anonymous No.10445295]

>>10445246
Sure, explain it to me then.... how are you suppose to value gold, if not in terms of dollars. Once again, i don't care about 100 year before i was born or 100 years after I'm dead.

[Anonymous No.10445399]

>>10445295
You value gold (a real asset) using ratios compared to other real assets. Of which it is very undervalued compared to those other real assets. Silver especially.

So the time to sell your gold is when it is overvalued comared to something like real estate and then you pick up a house for pennies on the dollar for what it cost you to obtain in the fiat paradigm.

Example:

In Venezuela where their currency has collapsed and people are eating their pets. 1 single ounce of silver buys you 3-4 months of food on the black market.

So think about that and now fiat is robbing us...

A silver ounce equals 16$. 16$ doesn't even buy you lunch at Cheesecake Factory. But when the currency fails the real purchasing power is unleashed.

Remember for hundreds of years and even today in many underdeveloped countries a days wage = a silver piece the size of a silver dime.

Today joe six pack is selling useless insurance providing zero real value for society and makes 150$/day... which is the equivalent of 10 ounces of silver a day... yet for most of human history and even in America 200 years ago a days wage was a silver dime.

So everything is so overpriced and inflated because of fiat. And when fiat implodes and we go back to square one where a silver dime equals a days wage (converted to the new currency or some crypto or whatever) a measly 500 ounces of silver will be a literal fortune

[Anonymous No.10445411]

>>10445204
What? We're living in the age of computers also hell yeah I would bring a computer back in time are you kidding me? Go ahead give me a aline about how the apocalypse is near, I never made an argument that gold wasn't value, but you're the on claiming crypto isn't because something something gold has been here a long time something something.

It doesn't matter if there is nobody there to value it.

[Anonymous No.10445425]

>>10445223
If nobody ever bought it, it wouldn't have value

[Anonymous No.10445475]

>>10445271
You're a living meme, get fucked

[Anonymous No.10445477]

>>10445425
It's valuable because it's inherently money and has all the properties money has to be.

Go back 500 years. Nobody bought silver bro. Silver was the MONEY to buy things.

Now obviously we aren't going back to buying shit with silver at Costco. But that dollar has to be backed by gold or it has no value and the fed can give congress unlimited fake money to spend and stick us with the debt.

[Anonymous No.10445506]

>>10445411
I'm not anti crypto. Crypto has the potential to be a currency but it isn't money. There's a difference between money and currency. Gold can be both if need be but we aren't going back to buying things with coins. But it's more importantly real money and real savings.

Bitcorns aren't savings

[Anonymous No.10445531]

>>10445475
Sorry I ruined your fud pie, anon.

[Anonymous No.10445535]

>>10445477
But the buying process was the exchange of value, the silver for the food or what have you, money is a store of value from work, I'm with you on ending the fed but value is value

[Anonymous No.10445602]

>>10443192
>Also node ops must stake Link to run the node..
They don't. It's just unlikely that people who want work done won't excluse non-staking nodes from their "what nodes will be eligible for this work" parameters, so effectively, nodes with low or no link probably won't get much work, if any at all.

[Anonymous No.10445819]

So who is gonna start the lawsuit against smartcontracts.com?

[Anonymous No.10446346]

>>10443023
FuD = Fools under Development

[Anonymous No.10446430]

>>10443912
LInk is a garunteed 10000X. Gold is a 5x at best.

I'll definitely hedge some when I get over $5million USD but only a fucking retard would dump LINK for gold at this point.

[Anonymous No.10446513]

>>10444395
Lame Fud.. weak sauce.

[Anonymous No.10446515]

>>10443023

LMAO dump incoming

[Anonymous No.10446697]

>>10444990
>>10445030
>Brainlet goldbugs are at it again
Get with the fucking times you dimwits, holy shit. How dense can you be? Gold used to be store of value because it was one of like three materials known to man who were all of the following:
>rare
>light and easily divisible
>resistant to rot and rust
>didnt mix well with other metals and therefore hard to dilute
>characteristic shine made it easy to identify

It's 2018 and not only there are hundreds of materials that fulfill some or all of these categories better than gold, its appearance is no longer trustworthy. It now takes a thorough analysis to make sure gold isnt part tungsten or some shit. It has become completely unviable for small amounts and average joes. The only ones who still care about it are mega corporations and governments, because they deal with such large amounts that testing for authenticity is a tiny cost in comparison. The blockchain is everything gold is plus easy transfering and testing for authenticity. It's the best store of value in itself that exists today, its biggest problem being the sketchy people who own so much of it

[Anonymous No.10446776]

Seriously though, somebody contact lawyers and make a thread. This could be a potential chad-action. They misrepresented the importance of the token in the network and profited from it.

[Anonymous No.10446810]

>>10444162
Horses are still worth a lot of money desu

[Anonymous No.10447167]

>>10443266
yes, a company or a smart contract creator may purchase link tokens on a query to query basis depending on the data he/she needs at that particular/duration of time. no operators will also want as much link as possible to put up as collateral this way a smart contract creator can pick oracles A,B,C,D,E,F and G and look at their reputation + collateral depending on the type of decentralisation needed.

you do not need link to run a node but you won't get any jobs because you have no collateral to put up thus you'll never gain any reputation for providing accurate data so basically you'll be operating a node as a net loss. and also if a company is just going to use their own data then they do not need to trust any one else. the point of this is for smart contract creators to be able to have a toolbox of data feeds they can pick from and plug into their smartcontracts. if a company is going to use their own data they already trust themselves and could use a cheaper method of self-execution.

[Anonymous No.10447253]

>>10447167
>if a company is going to use their own data they already trust themselves and could use a cheaper method of self-execution.
This type of self-execution is already being done.

Chainlink is decentralized because most transactions require more than one party to complete, in which case decentralized nodes offer the trustlessness needed to guarantee independence from either of the parties to the transaction.

the above is correct.

[Anonymous No.10447339]

>>10445602
there will be loads of work but it might not pay well, but it will still be useful work.
Smart contracts will permeate everything at a every level not just 'corporate'

[Anonymous No.10447343]

>>10443983

Inflation is good and encourages investment instead of people hording their money.

Why have your money sitting under your bed, or in the form of a useless gold bar when you could be lending it out to company who need it so they can make use of it and you might get back more than you lent. It's good for society.

[Anonymous No.10447349]

>>10444170
I don't know man, they probably just made it for shits and giggles!

[Anonymous No.10447357]

>>10447343
>Inflation is good
hello jew

[Anonymous No.10447386]

>>10444197
It's not in the top 100. Cmon anonl

[Anonymous No.10447405]

>>10445141
>If the dollar dissapeared from earth tomorrow. My gold is 10000% unaffected by this.

If gold disappeared from the earth tomorrow, my dollar would be 10000% unaffected by this.

Man you really drank the cool aid on gold didn't you. It's just a fucking useless rock. It's the original fiat, but cumbersome. It's worthless aside from the minor tech uses it has in computer parts.

If society collapsed tomorrow I sure as hell wouldn't suddenly value people paying in gold over people paying in fiat. I don't think normies would give a single shit and fiat would continue to be in use.

[Anonymous No.10447424]

>>10447357

Inflation only hurts fucking retards who sit on their money. You should be out using your money. Why the fuck would you just let fiat sit around doing nothing?

And I'm anglo.

[Anonymous No.10447504]

>>10447424
this is why i wish link had a .3% inflation rate as an utility token

[Anonymous No.10447765]

>>10445141
gold is back by the labor it takes to mine it, sound familiar?

[Anonymous No.10448531]

>>10447405
I wonder how good of an investment cigarettes would be on an apocalypse scenario.

[Anonymous No.10448710]

>>10445141
lmao boomer

[Anonymous No.10448736]

>>10448531
https://finance.yahoo.com/quote/MO/

[Anonymous No.10448799]

ITT:
>I'm too stupid and lazy to read the whitepaper of something I went all in on. Spoon feed me because big words scare me.
>I FUD with debunked horseshit because I missed the dip or got BTFO trying to swing trade.
>I shill gold because I'm unironically retarded.