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/biz/ - Business & Finance

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13618864 No.13618864 [Reply] [Original]

Would Chainlink make Credit Default Swaps useless?

Why pay a counter party periodically to take the risk if you can simply use a smart contract instead with Link?

>> No.13618990

bumping this

>> No.13619027

>>13618864
Insurance strategies like CDS are going to happen regardless of execution method. If anything, Chainlink would make the CDS process more efficient.

>> No.13619040

>>13619027

Yes I suppose that is what i meant. Make them more secure and a lot cheaper. Obviously the involved asset value stays the same.

They are in the 10s of trillions. if LINK captures any of that at all it is significant

>> No.13619239

>he’s waking up

>> No.13619247
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13619247

>> No.13619252

>>13619040
now ypur getting it anon.

BTW I fud and schill here.

what am I dooing now?

>> No.13619257

>>13619040
and then you realize link can do that to multiple markets and industries and you realize even more how $1000 eoy is fud

>> No.13619947

>>13618864
That's the whole point since day 1 fag

>> No.13619963
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13619963

>>13619040
yes

>> No.13619982
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13619982

>>13619963
newfags need to read the whitepaper and then go back in the archives. the stuff that's posted on here about LINK nowadays is mostly shitposting. At the end of the day, don't listen to shills and do your own damn research.