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/biz/ - Business & Finance

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15898939 No.15898939 [Reply] [Original]

ITT we talk about Chainlink

>> No.15898947

>>15898939
what is that? fence business?

>> No.15898951

peepee poopoo

>> No.15898960
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15898960

>>15898939

>> No.15898963
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15898963

let us enjoy this discussion over a fine cup of kopi luwak.


>Kopi luwak is the world’s most expensive coffee. The main factor of it’s high price is the uncommon method of producing such a coffee.

>> No.15899003
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15899003

>>15898960
I also think we might move sideways for a while. I don't think the banks and other large corporations are ready to go live. That being said... $1k EOY

>> No.15899324 [DELETED] 
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15899324

>>15898960

>> No.15899337
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15899337

>>15898960
fag

>> No.15899368

>>15898939
What is the main reason everyone thinks this is going to skyrocket ? I'm looking to invest in more crypto next week for about 5k and might go link since it's mostly just staying still or is it going to bottom soon and i should wait for that?

>> No.15900153
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15900153

>>15899368
I'm being 100% serious when I say go all-in on LINK first, then figure out how it works later.

>> No.15900164

>>15898939
Not enough of this on the board, OP. You're doing gods work

>> No.15900424

>>15899368
chainlink will drastically increase the speed and efficiency of business. companies spend billions on slow, cumbersome financial services that can be digitized and handled instead by the chainlink network, which is designed to reliably and securely provide correct information to smart contracts. there is huge incentive for business and banks to use the network and do so as early as they can, because establishing high reputation nodes on the network not only speeds up their contractual transactions, but also allows them to capture marketshare, since nodes generate income. the network is also scalable, meaning small and large businesses may rely on the wider network or consortiums of high reputation nodes, or establish their own private networks for internal use. the chainlink protocol can also handle any kind of smart contract, instead of forcing contract issuers to clumsily use different tokens depending on what they’re trying to do. the link token itself is used as collateral by nodes involved in smart contract processing, rewarding nodes that provide correct information. once the chainlink network becomes ubiquitous, the value of each individual token will increase as their supply is limited. the bigger the network, the more valuable the coin. and since every single business will be using chainlink because of the speed and efficiency it provides over non-automated financial services, that network will be global. there will of course be competitors, but chainlink has the advantage of development and of being the first real player on the scene with this kind of ambitious project. they’ve already made inroads with google, intel, and swift, and once chainlink goes beyond the prototype stage further adoption will be inevitable. this is expected to happen soon (staking will move forward in earnest) and this is why we believe it will moon