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/biz/ - Business & Finance

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20154004 No.20154004 [Reply] [Original]

>> No.20154073

god damn we're gonna go so fucking high during the coming months. Staking is undoubtedly around the corner and when it's launched shit gonna go crazy

>> No.20154082
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20154082

>>20154004
Based sergey [PBUH]

>> No.20154725

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.

Welcome to the trust market.

>> No.20154767

My pasta, from April 2019.

Sergey really gets it. Good feel.