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/biz/ - Business & Finance


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15648271 No.15648271 [Reply] [Original]

This is probably the most important thread you will ever read in your life. I can't tell you who I am, and I can't tell you where I'm coming from, but I am here to share with you a vision of the future.

Some of you will understand this vision and its significance, and some of you won't. That's okay. Lots of people post jokes on this board, and that's okay too, but what you don't understand is that you've been holding the keys that unlock a world in which you are going to have riches that you won't be able to understand.

First, bitcoin isn't going away.

Second, ethereum has a use that hasn't been fully realized yet. This use will replace the largest financial instruments in the world.

Here is a simple statement that is going to change your life:
You will, in the future, buy ethereum tokens which represent baskets of real world stocks.

Let me repeat that.
You will, in the future, buy ethereum tokens which represent BASKETS fo real world stocks.

I'm not talking about colored coins. I'm talking about contracts similar to existing stablecoins, but which are proxies for real world companies. I'm talking about completely upending the existing financial market. I'm talking about replacing every hedge fund, every trader, every ETF, everything with contracts that exist on the ethereum global computer.

You may be asking your self how we get data from the real world into the ethereum blockchain.

If you can answer that question, congratulations, and welcome to the real world. You're finally awake, and we've been waiting for you.

>> No.15648291
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15648291

>> No.15648296

>>15648271
a basket flew over my house

>> No.15648298

>>15648271
suck my dick faggot

>> No.15648312

>>15648271

Well i don't know if you are retarded but that's the main use case of ethereum since like 2016

>> No.15648316
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15648316

>it's another link thread

>> No.15648323
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15648323

>>15648271

>> No.15648325

>>15648271
You were supposed to buy ETH when is was at 3 cents faggot. Good luck with your heavy bags.

>> No.15648335

Ya got me. You did.
I read the whole thing.
Still not going to buy link faggot

>> No.15648347

>>15648271
whats funny is you started off like you had actual good information but the entire post is shit we already know. Either way, I just market bought ETH

>> No.15648351

>>15648271
>completely leaves out chainlink
i guess you have more searching to do in your life

>> No.15648355

Those who said Sergey has no vision (the same speech!) have not been paying attention, particularly to his earliest appearances. Chainlink is being constructed to fill the role of an idealised arbiter of truth, connected to the most perfectly dispassionate executor, in the form of public smart contract chains. This is in fulfilment of the deepest Platonic ideals of contract and governance that have ever been conceived, but which have remained out of reach, mere approximations even under the highest forms of lawful Republic, as at every step human capriciousness asserts itself and corrodes the final product, the freedom of contract found when our pledges are given force by Leviathan. Alas, ‘from the crooked timbers of humanity, no straight thing was ever made’. By redrawing the locus of consensus as that of a precise ledger with sound game-theoretical guarantees at its edges, and iron-clad stricture within, rather than a continuously renegotiated knife fight, the level of trust required to engage in mutually beneficial enterprise plummets precipitously. But what does it plummet to? The trust required is now neatly circumscribed to the trust in the information delivered unto our new Leviathan. There is fortunately a market for this trust, a pool of agents who are willing to stake their reputation and collateral on any piece of digitisable information on which it is possible to come to consensus. The truth is a most excellent Schelling point, and one which well-incentivised agents can reliably settle on. Do not underestimate the power and the generality of this arrangement in its maturity, nor the amount of human and economic potential that this will unlock.

>> No.15648375

>>15648271
>You may be asking your self how we get data from the real world into the ethereum blockchain.
RLC has an oracle system to rival chainlink so maybe buy french computer coin

>> No.15648392

>>15648375
How are does doracles working out for you? Hahahahaha

>> No.15648399

Bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth. Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons. Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story. The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you faggots to still be in profit when the time comes. In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team

>> No.15648415

Based 3rd Eye Poster

>> No.15648417

>>15648271
Bullshit. There are SEVERAL reasons why ETH can't legally be used to transfer stock.

>> No.15648433

>>15648415
>>15648271

>> No.15648438

>>15648271
Shut the fuck up larping faggot. Eth is a broken useless piece of shit that can never scale and will never be used for anything good.

>> No.15648451

>>15648351
How autistic are you?!

>> No.15648455

BASKETS fo real

>> No.15648459

>>15648271
Dx.exchange was suppose to do this but its got security flaws because link network isnt ready, you literally need chainlink for what youre talking about Op

>> No.15648461

>>15648316
Lol fucking based frogposter

>> No.15648472

>>15648438
imagine saying this in 2019

>> No.15648480

I want to believe.

>> No.15648484
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15648484

Great. When are my linkies 1000.00$?

>> No.15648518
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15648518

>>15648271
>pic related.
>BSV not related

>> No.15648537

>>15648484
don't ask craig,
>he doesn't know

>> No.15648545

>You will, in the future, buy ethereum tokens which represent baskets of real world stocks.

So a major shareholder of XYZ Corp losing their private keys suddenly means that the bagholder's legal claim to those shares is lost with no recourse. LOL you peabrain, no one would stand for it.

>> No.15648547
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15648547

OP, what would you do with my ratio of btc/eth/link?

i am
85% link
7.5% btc
7.5% eth
long as fuck, would you alter anything? i've set this up intentionally to capture passive income.

>> No.15648556
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15648556

>>15648271
A lot of us already know this anon

>> No.15648568

>>15648484

Just breathe the helium anon, live your dreams. It's the only way.

>> No.15648570

>>15648417
Imagine thinking the word “legally” still has meaning in this age.

>> No.15648572

>>15648545
Usually large shared equity is placed in a X of Y multisig type address
For instance, you could require 9 of 12 participants to move funds.

>> No.15648608

>>15648545
>He doesn't know
>he doesn't have the vision
>He cant think outside the box
>he still thinks in the 19th century
>9-19-19
>Links Awakening
>he thinks insults coming out of his mouth are directed at other people
>they are directed at only yourself
>you are the only one who exists
>you are giving yourself the answer
>yet you are calling yourself a peabrain
>who is the peabrain?

>> No.15648624

This art is by a guy named Alex Grey, he does a lot of Tool's album art. He has a commune near Poughkeepsie, NY called CoSM where he hosts parties and people trip balls while dancing to psytrance and looking at the art he has all over his house. I have been there and it was dope as fuck. Would recommend any anons into psychedelic stuff check it out

>> No.15648629

>>15648417
DId OP say "transfer" stock
>You will, in the future, buy ethereum tokens which (represent) baskets of real world stocks.
>in other words stocks will be traded on blockchain.
>also bonds, insurance, banking etc.

>> No.15648647

>>15648624
>names are subjective
>blockchain is the physical manifestation of the akashic records.

>> No.15648708

>>15648271
Christ, I read that whole thing for a gay ass Link shill?? Fuck you anon

>> No.15648711

>>15648271
cringe and scampilled. have sage

>> No.15648713

>>15648608
>he doesn't address the problem at all
>uses greentext to deflect this

>> No.15648737

>>15648351
retard

>> No.15648748

>>15648271
RSV utilising Link
Boom

>> No.15648764

>>15648713
>the information is already out there.
>if you cannot see it, you will never see it.
>all assets will be traded on blockchain.
>stocks included.
>How beneficial will smart contracts be to business, banking, insurance, stocks, derivatives, loans, etc.
>the world will be regulated by smart contracts.

>> No.15648780

>>15648708
>>15648711
>think how angry they will be when they look back at the opportunity they had to invest in something bigger.

>> No.15648797

>>15648484
eoy

>> No.15648805

>>15648271

you tokenized.com ?.... nice of you to remind everybody about it.

However it uses the BSV blockchain.

ETH is still clogged with kittens, sorry anon, eth wont do.

>> No.15648826

>>15648484
Nice dub dubs

>> No.15648879

>>15648271
Very based post OP, proles in this thread still don't understand the potentialities of the digital marketplace that exists right before their eyes.

>> No.15648922

>>15648271
Thx anon, just bought 100k

>> No.15648929

>>15648805
nobody uses BSV

>> No.15648932

>>15648271
>most important thread I'll ever read
>asks a question I don't know how to answer
Gee thanks for the riddle faggot. You may as well tell me I'll be rich if I can just figure out what stocks to buy

>> No.15648985

>>15648472
Imagine still falling for the eth meme in 2019, you must be a boomer, kys

>> No.15649033

>>15648351
>>completely leaves out chainlink
>i guess you have more searching to do in your life

You fucking idiot you don't know what you invested in if you have gall to say this.

>> No.15649132

>>15648271
it will exist but not on ethereum you stupid fag

>> No.15649177
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15649177

>>15648271
>baskets of real world stocks
>BASKETS fo real world stocks
>B A S K E T S
confirmed basket case

>> No.15649180
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15649180

>>15648351

>> No.15649570
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15649570

How appropriate you post such gems on a basket weaving sub.

>> No.15649647

>>15648296
Maybe that was my hot air balloon

>> No.15649658

>goys I know the future
>I could have gone to 2009 and made these predictions with unequivocal credibility
>but I'm too gay to do that, and also fake

wow great thread

>> No.15649896

>>15648271
>1 post by this faggot

>> No.15649929
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15649929

>>15648271
My mind has been BLOWN
you have opened EYES UP
thanks anon

>> No.15649930

>>15648459
Why don't you think about what you just said.

>> No.15649946

>>15648271
>You may be asking your self how we get data from the real world into the ethereum blockchain

Fucking chainlink shill. Fuck off

>> No.15649979
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15649979

>>15648351
oh no no no

>> No.15650027
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15650027

>>15648271
>BASKETS

>> No.15650030

Window shut behind me while reading.

Checked and based.

>> No.15650088

>>15648545
with something like deco.works they can use another identity to access their wallet
or something like an OAUTH oracle
the future isnt far off anon, those of us who have lived through the 'worrying about storing your private key' days are like the internet users who started on dial-up bulletin boards discovered by word of mouth

and guess what... us OG cunts are gonna make it

>> No.15650301

>>15648271
simple, you re-mine the whole blockchain with all the companies stock files, and update it with sharding.

>> No.15650417

>>15648291
Based s0n!

>> No.15650421

>>15648271
Which will make me more profit

>> No.15650427

>>15648271
Too bad link is a scam you fool

>> No.15650437

>>15648570
Legal matters when you're trading stocks.

>>15648629
He said "buy ETH tokens", not "tokens will be used". That implies a purchase.

He said a "basket" of stocks. This sounds like a stock version of a of a CDO.

Bottom line... he's full of shit. The number of laws that would need to change in order for stock trades to be so loose is insurmountable.

>> No.15650471

>>15648399
Look he posted it again

>> No.15650506

>>15648271
You're so fucking retarded
Tokenized assets don't need an oracle, they represent the ownership directly, and laws around the world are being changed to make it easier

>> No.15650542

>>15648355
beautiful post beautiful dubs. going unchecked for this long is a disgrace

>> No.15650596
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15650596

>be positive vibes chainlinker anon
>*literally believes in supernatural trash*
>*thinks shit like the law of attraction is real*
>*absolutely ruins the national IQ average*
>*continues to hamstring human intellectual development*
do not reproduce

>> No.15650645

>>15650542
its pasta, a very good one at that tho

>> No.15650957

>ITT: Delusional linkies who don't even know what they're investing in.

>> No.15650998
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15650998

>1 post
No surprise. OP doesn't understand that ETH will be flipped by Harmony.

>> No.15651196

>>15648417
> Laws change
>Purpose made smartcontracts, linked to a blockchain identity, properly kyc and aml'd
>Not gonna be used for stocks

>> No.15651201

>>15650596
You are enslaved in the material world of the Jew. You must transcend.

>> No.15651266

>>15650998
you idiot. Alok quit Harmony

>> No.15651269

>>15648547
I'm pretty similar.
88%Link
2%Ether
10%Btc

>> No.15651295

>>15648351
This is bait and you almost got me

>> No.15651304
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15651304

>>15648271

>> No.15651318

>>15648271
So how does it give it value dumb fuck? NASDAQ already working on their chain...eth is for kiddy games for peeps like you...no company worth over 5 billion would ever pick eth...wtf u think Microsoft is using btc?

>> No.15651334

>>15648351
Clever ruse

>> No.15651407

>>15648271
Based and linkpilled

>> No.15651498

>>15650506
Tokenized assets are a dead meme. Synthetics solve the same probelm without the regulatory overhead and inherent centralization that comes with tokenization of real world assets.

All you really need is a liquidity pool, and buyers and sellers. and a price feed. Congrats, you can mint an position token that exposes you to any asset on earth that has all the properties of crypto. All you need is someone to buy it from you.

>> No.15651545

>a fucking BASKET

>> No.15651554

>>15648271
lay off the LSD OP

you fucking nutjob

>> No.15651567

>>15648271
P E E
O
O

>> No.15651712

>>15651266
Oh, so one of the like twelve most prominent group of FAANG employees quit, eh?

>> No.15651752

>>15650998
kek alok left harmony last week

>> No.15651993

>>15648271
I know this is true because I want it to be.

>> No.15652023

why would eth use chainlink? i think developers will just choose which oracle api they want to use. it's not like eth is going to add chainlink to a base layer

>> No.15652054

>>15650437
>he STILL can’t imagine anything outside his narrow orthodox worldview
your time is almost up, boomer

>> No.15652186

>>15648797
Lol

>> No.15652205

>>15652023
there will be different oracle oferings, offered over the standard oracle network (Chainlink), priced at market rates, in LINK

>> No.15652747

>>15651545
underrated, kek.

>> No.15652776

>>15650998

>india
>beijing

lmao this shit isnt flipping eth

>> No.15652787

So buy RSR then?

>> No.15652847

>>15648271
>1 post by this id

>> No.15652868

>>15648271
>can't even run crypto kittied
ETH will be nothing but a novelty sidechain of BitCoin run by a handful of autistic NEETs for nostalgic purposes to play with their antique "smart contracts" and "chain links" like so many neckbeards with N64 emulators

>> No.15652871

>>15648351
Based retard

>> No.15652890

>>15648271
OP is a faggot

>> No.15652903

>>15648518
Rent free

>> No.15653110

>>15648355
Beautiful post OP, I've been saying similar for a while but haven't rarely does my brain dump it as well as that. Thanks

>> No.15653117

>>15652868
>actually believing this
Never gonna make it

>> No.15653134

>>15648351
nice lol