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15132508 No.15132508 [Reply] [Original]

Let's say that the impending global financial recession hits the tech sector hard. Wouldn't this scenario be bearish for Chainlink adoption?

>> No.15132519
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15132519

>>15132508
Everything is bearish for chainlink because middleware is nothing more than a meme.
But the founders thank you for your donation.

>> No.15132523
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15132523

lol who cares

>> No.15132528

Maybe; but probably not. Big tech controls the world. They decide who to promote let on thier platforms. They have a total death grip on all information. I don’t see Chainlink significantly dropping in value anytime soon.

>> No.15132529
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15132529

>>15132508
Profit margins become thinner, banks and corps start scrambling for any way to increase them. Like by firing people and replacing their jobs with smart contracts, or selling their data via Chainlink.

>> No.15132535

>>15132508
>Chainlink
>adoption

>> No.15132537

>>15132523
Because the network relies on normies and will eventually handle derivative contracts etc. In a recession the demand for these contracts would inevitably as will most other financial metrics.

>> No.15132539

>>15132508
no because companies save money suing chainlinker. it would actually be bullish, just like sergey says its just a matter of time

>> No.15132546

>>15132537
***inevitably fall

>> No.15132555

>>15132529
even 500 stacks would be fucking filthy rich if this happened

>> No.15132585
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15132585

>>15132555
500 Link is unattainable for most people now... Imagine trying to convince someone to buy an imaginary internet token. Normies cannot grasp yet alone comprehend the oracle problem. Wealth is strongly correlated to intelligence, and knowledge is power.

>> No.15132591

>>15132508
Everything has been planned accordingly. We are on the verge of what you call the singularity. How you came by some of the information here I will never understand. Just know that they are watching you closely.

>> No.15132670

>>15132585

hmm? 500 link is just around 1000 dollars if i ain't wrong?

>> No.15132714

>>15132670
Yep
https://www.cnbc.com/2019/01/23/most-americans-dont-have-the-savings-to-cover-a-1000-emergency.html

>> No.15132732

no you should just buy up a cheap nasdaq etf and ride the next bull run

>> No.15132801
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15132801

>>15132519
>Middleware is just a meme