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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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File: 127 KB, 2345x667, paypal paxos chainlink.png [View same] [iqdb] [saucenao] [google]
25971142 No.25971142 [Reply] [Original]

HOLY SHIIIIIIIIIIIIIIIIIIEEEEEEEETTTT

>> No.25971179

>>25971142
noice

>> No.25971191

>>25971142
I AM COOOOOOOOOMIIIIIIIIIIING!!!!!

>> No.25971208

OH FUGG

>> No.25971230

>>25971142
DELETE THIS

>> No.25971248

YOU JUST WIN

>> No.25971259

>>25971142
literal who

>> No.25971262

literally who

>> No.25971263

>>25971142
Is this related to chainlink?

>> No.25971264

HOLY FUCK, We're going to all make it, aren't we?

>> No.25971327

Ofcourse PayPal was gonna use chainlink. Don’t you understand it’s the industry standard

>> No.25971334
File: 11 KB, 230x180, 1297378274583.jpg [View same] [iqdb] [saucenao] [google]
25971334

>token still not needed

>> No.25971395

URL is real

>> No.25971424

>>25971263
no definitely not, paypal announced api3 and band as their preferred oracles

>> No.25971432

>>25971263
no

>> No.25971453

This thread is bearish as fuck. Are all remaining link holders 70iq shitskins? This is neither paxos nor PayPal integrating link.

>> No.25971476
File: 1.36 MB, 342x316, girl_scared.gif [View same] [iqdb] [saucenao] [google]
25971476

>>25971424
>band

>> No.25971477

>>25971395
its fake and not even a convincing one

>> No.25971490

>>25971142
Holy shit. Buy as much as you can before this moons.

>> No.25971505

>ctrl+f chainlink
>no results

yikes

>> No.25971524

>>25971477
It's real but literal brainlets don't understand it lmao.

>> No.25971532

>>25971142
what uis this new scam???

fucking inspoect element??

SCAM SCAM SCAM

>>25971179
>>25971191
>>25971208
>>25971230
>>25971248
>>25971264
>>25971395

PAJEEEET SCAMMERS

>> No.25971570

Maybe the first fucking time I've actually felt like selling my link. I'm in the company of pajeets

>> No.25971573

>>25971532
this

>> No.25971574

>>25971477
lmao wut

https://www.paypal.com/us/smarthelp/article/cryptocurrency-on-paypal-faq-faq4398

>> No.25971585

>>25971142
I AM NOT DONE ACCUMULATING DELET THIS

>> No.25971607

>>25971570
this

>> No.25971609

>https://www.paxos.com/paypal-paxos-bring-crypto-to-millions-of-users/

>https://finance.yahoo.com/news/paxos-makes-fresh-push-defi-160028160.html

>> No.25971627

AHGSPUHRESUOHGROUVJHSDBF PLESAE KEEP BELOW 20$ UNTIL MY XRT MOONS, DEAR GOD AJFJREAGJPI

>> No.25971653

>>25971524
https://finance.yahoo.com/news/bitcoin-reaches-moon-paypal-cryptocurrency-043416261.html
>Paxos — the cryptocurrency partner of Paypal Holdings Inc (NASDAQ: PYPL)
https://www.coindesk.com/paxos-defi-market-oracle-integration-chainlink
Seethe

>> No.25971660
File: 760 KB, 4480x1440, its_real.jpg [View same] [iqdb] [saucenao] [google]
25971660

>>25971477
It's real.

>> No.25971714

>>25971573
>>25971532
https://www.paxos.com/paypal-paxos-bring-crypto-to-millions-of-users/

>> No.25971769
File: 9 KB, 235x214, images.jpeg.jpg [View same] [iqdb] [saucenao] [google]
25971769

>it's real
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.25971772

Delete thread, retard

>> No.25971790

https://www.paypal.com/us/smarthelp/article/cryptocurrency-on-paypal-faq-faq4398?app=searchAutoComplete
ctr f 'paxos' 1 result
https://www.coindesk.com/paxos-defi-market-oracle-integration-chainlink
Yup, it's real. Retards get the rope

>> No.25971791

>>25971453
This. Chainlink has started offering a price feed so other projects can tap into that. Paxos is not using Chainlink. Chainlink is not using Paxos. Chainlink is offering to serve a stable coin feed if someone is willing to pay for it. I honestly think most of the linklets won't understand even after this explanation

>> No.25971805
File: 286 KB, 918x666, crr.jpg [View same] [iqdb] [saucenao] [google]
25971805

but it's stablecoins retards

>> No.25971829

Paxos confirmed $1 EOY

>> No.25971865

>>25971574
>>25971609
>>25971653
>>25971714
>.com
Knew it was fake shit. Reporting this scam thread

>> No.25971866
File: 35 KB, 399x399, 1607801401294.jpg [View same] [iqdb] [saucenao] [google]
25971866

>>25971791
>Paxos is not using Chainlink
>Chainlink is offering a service for money
>Paxos is willing to pay for it.
>Paxos is offering a service for money
>Paypal is willing to pay for it.

INDUSTRY STANDARD.
1000 EOY.

>> No.25971868
File: 185 KB, 2196x666, paypal paxos chainlink.png [View same] [iqdb] [saucenao] [google]
25971868

>>25971791
>>25971805
>>25971453
C hainlink
O racles
P ower
E verything

>> No.25971893

So many stupid nolinkers in this thread.
Stay fucking poor forever while chainlink is the industry standard and will be wortb $1000 per link.

>> No.25971911

>>25971653
Yes and link is now adding their stablecoin to the price feed list you absolute idiot. It's not 'paxos is using link feeds for their services'. I hate shitskin brains.

>> No.25971918

>>25971142
https://youtu.be/NSoumHfgIqc?t=126

>> No.25971932

>>25971142
who?

>> No.25971937

Is this bullish or not? It's not a direct Paypal integration but through a middleman?

>> No.25971939

>>25971865
The site is www.paypal.com yes.

Problem?

>> No.25971965

>>25971866
The source of the price doesn't pay for it. The nodes get paid. That's literally basics of the system.

>> No.25971969

Bought.

>> No.25971975
File: 18 KB, 300x365, 17853344784.png [View same] [iqdb] [saucenao] [google]
25971975

>>25971142
I sold my entire 13k stack of LINK at 50 cents for Jibrel over 2 years ago......fucking JIBREL

>> No.25971984
File: 10 KB, 230x219, 1570661758708.png [View same] [iqdb] [saucenao] [google]
25971984

>paypal is our first real customer, ushering in staking after years of waiting
wtf i love paypal now?!

>> No.25972002

>>25971142
DELETE THIS NOWWWWW

>> No.25972025

>>25971334
>brain still not found

>> No.25972030
File: 928 KB, 1443x1024, 83A5E29A-D39B-47C3-A8F5-562F11DB93CC.jpg [View same] [iqdb] [saucenao] [google]
25972030

>> No.25972032

>>25971937
It's nothing to do with paypal at all. People are getting excitable. Paypal uses paxos, now chainlink is providing paxos token and paxg as price feeds. Paxos is not using these price feeds, but defi can.

>> No.25972048

>>25971937
Paxos is the Paypal's service provider when it comes to crypto prices.
And Paxos just announced that they started working with Chainlink.

I remember back when Paypal first announced its crypto project back in October, reading the name "Paxos" in their FAQ and looking furiously but in vain for a Chainlink connection.
Now it's here.

>> No.25972061

>>25971142
This also means staking is very very close.
I hope all of you nolinkers get priced out of link and stay poor forever.

>> No.25972080

>>25971142
literally who?
its all so tiresome

>> No.25972089

>>25971975
at first I laffed then I realized that's not funny and was sad for you, then I realized it actually is. aahahahahahahahahahahaha

>> No.25972091

>>25971142
>PayPal Paxos Chainlink
The Triumvirate of Suck

>> No.25972095

>>25972032
Every single major Chainlink user has consistently expanded its use of Chainlink.
You have to try pretty hard not to see where this is going.

>> No.25972102

>>25971866
No. Let me explain it one more time. Paxos has stable coins. Some developer might want his smartcontract to be aware of the price action of Paxos' stable coin so Chainlink decides to offer the price feed for to said developer. So the way this works is Chainlink has offered to fetch data from Paxos if someone is willing to pay for it

>> No.25972109

>>25972032
Stop posting this. Need to pump this to $18 so I can sell buy back at $13

Need to convince the biz brainlets PayPal is using chainlink

>> No.25972150

>>25971791
c'mon you can do better

>> No.25972156
File: 356 KB, 796x1478, Screenshot_20210114-181918.png [View same] [iqdb] [saucenao] [google]
25972156

>> No.25972180

>>25972102
seethe harder

>> No.25972191

>>25972095
Hopefully they do, doesn't change the fact that anons are going retarded on this.

>> No.25972193

if this were impressive news it would have pumped way harder, with insider millions to start it off. don't get too excited anons.

>> No.25972217

>>25972102
Anon:
>Chainlink decides to offer the price feed

Paxos:
>we're adopting Chainlink oracles

copety cope

>> No.25972238
File: 8 KB, 223x226, err.jpg [View same] [iqdb] [saucenao] [google]
25972238

>>25971975
>link price 16.90
>JRT 0.0243

I hope I never become you.

>> No.25972251

>>25972180
He's literally 100% right. What the fuck has happened to /biz/?

>> No.25972268

>>25972191
Paxos themselves make a Paypal connection in their Chainlink announcement:
>To ensure clients like Paypal and Revolut remain at the cutting edge of financial innovation, Paxos constantly researches and develops better ways to accelerate the adoption of open financial systems, lower the cost for users, and increase the security of custudied funds. Being one of the fastest growing sectors of finance, DeFi presents an exciting opportunity for growth.

>> No.25972311

>>25972251
see >>25972217

He's trying to twist and bend what's actually happening.

>> No.25972350
File: 19 KB, 512x287, unnamed.jpg [View same] [iqdb] [saucenao] [google]
25972350

>>25972102
No. Let me explain it to you one more time.
I N D U S T R Y S T A N D A R D
1000 EOY

>> No.25972394

>>25972268
I mean that paragraph reads very clearly. They want to advance the space and remain competitive considering their clients. Part of this is making sure their stablecoin offering is enticing to defi. It is not 'we're, and by extension paypal, now using chainlink oracles for our backend'.

As i said i hope this comes later, obviously the network couldn't handle it now, but it's not what this announcement is.

>> No.25972420

>>25971975
LMAO WHY DID YOU SELL IT ALL FOR THAT ARAB SCAM????? HAHAAHAHAHAH FIRST REQ, THEN JIBREL THEN HOLOCHAIN WHATEVER THEY WILL DO TO MAKE PEOPLE LIKE YOU SELL LINK LMAO

>> No.25972438

>>25971975

Wow that’s fucking scary, fellow 13k here, but I still have every single link I bought at sub 40 cents.

>> No.25972467
File: 11 KB, 256x256, 7AEA9BD5-F555-45F9-BC0C-3397B93556ED.jpg [View same] [iqdb] [saucenao] [google]
25972467

>>25971142

>> No.25972513

>>25972394
Idk why you’re trying this hard to convince delusional schizos

>> No.25972539

>some vague news that may or may not influence Link price
>check price
>its down
wow. its fucking nothing.

>> No.25972540
File: 541 KB, 1263x1920, A.jpg [View same] [iqdb] [saucenao] [google]
25972540

I hold 15 BTC.... should I sell 1 BTC to jump on the LINK train?

>> No.25972551

paxos is literally 1 of a hundred services that paypal makes use of for this, and chainlink is one of many feeds that paxos uses

everyone is this thread is a pajeet getting excited over nothing.

>> No.25972567

>>25972394
>>25972513
They're saying they started working with Chainlink to improve their tech.

Stop trying so hard.

>> No.25972612

>>25972551
>paxos is literally 1 of a hundred services that paypal makes use of for this
lmao, then why is Paxos the only one they ever mentioned?

>> No.25972614

>>25972551
Paypal using chainlink feed data even if just for one small part of their crypto project would be enormous news, however that's not what this is.

>> No.25972623

>>25972540
Yes, now is literally the bottom on LINKBTC

>> No.25972657

>>25972551
can someone please refute this. this is really worrying

>> No.25972671

>>25972614
>Paypal partnered with Paxos for crypto price feeds
>Paxos just now partnered with Chainlink for crypto price feeds

Yeah nah, haha, it's nothing haha. Go to sleep.

>> No.25972686

>chainlink partners with vishnu
>$16

>> No.25972698

you do know your LINK can't go higher than it already is because its offering its service right?
everyone uses it everyone needs it that doesn't mean a prostitute hires the fee
it just means she has more customers now

>> No.25972769

>>25972698
160 iq

>> No.25972776

>>25971142
WTF WTF WTF WTF WTF WTF WTF WTF WTF WTF!!!!!!!!!! WHAT WHAT WHAT WHAT!!!!!

>> No.25972791

>>25972671
Jesus christ are you actually non-white?

Chainlink has added paxos and paxgold to their price feed offering. Paxos is not using chainlink feeds, it's not complicated. There's nothing to be gained by repeating this, you can keep saying "no" but it's all there.

>> No.25972792

And why would this pump the price of LINK? It won't.

>> No.25972829

>>25971453
>This thread is bearish as fuck.
>10 posts by this ID.

>> No.25972853

>>25972671
No you fucking idiots. Let me make it as clear as possible... This statement is wrong: "Paxos uses Chainlink for querying the price of Bitcoin". This statement is correct: "Chainlink offers to query Paxos stable coins price if someone is willing to pay for it"

>> No.25972869

>>25972032
lol youre not even trying

>> No.25972924
File: 45 KB, 544x496, 1565772069064.jpg [View same] [iqdb] [saucenao] [google]
25972924

>>25972853
anon:
>it's Chainlink who offers to query Paxos

Paxos:
>we're adopting Chainlink

>> No.25972943

>>25972853
bruh give up lol your coping hard

>> No.25972950
File: 558 KB, 367x265, DONALDDUCKBONER.gif [View same] [iqdb] [saucenao] [google]
25972950

>>25972540
>Holly Willoughby
>Young
>Covered in fucking slime and sweat
ARRGH MY PENIS FUCK YOU IT HURTS

>> No.25973000

>>25972698
18 decimal places, idiot

>> No.25973012

>>25972924
>>25972924
I own zero link

>> No.25973072

>>25973012
>I own zero link.
This is exceedingly obvious.

>> No.25973076

>>25973012
Way to read an image lmao

>> No.25973126

We're going to make it

>> No.25973131

>>25972614
>>25972657
poor copelets

>> No.25973134

So how exactly is this going to have any positive impact on the price action? At best we get a 10 cent green candle and dump back down to $9. It's best if we stop the thread from being bumped. We're only hurting our portfolios.

>> No.25973158

frens, invest with me in the future of definance, it's CHLONG it is and was all along.

get your CHLONGS out right now!

>> No.25973188

>>25972853
You are trying to convince a bunch of dudes that still think swift is using chainlink as of right now

>> No.25973224

>>25972924
You literally have to be non-white. This is toddler levels of miscomprehension.

Anyway just wait and see the jobs run then, if paxos is integrating link feeds and thus paypal we'll see jobs run x100.

>> No.25973238

>>25973188
t. cumbrain who swears the Swift partnership is fake.

>> No.25973245

>>25973072
>>25973076
I'm just kidding you linklets. The only thing that made me hesitate to was the fact that the two man team didn't even use smartcontracts for their ICO

>> No.25973277
File: 557 KB, 1600x1080, sketch-1610646169098.png [View same] [iqdb] [saucenao] [google]
25973277

>>25973224
Photo didn't attach

>> No.25973319

>>25973224
The PAX and PAXG feeds will go online shortly.

>> No.25973386

>>25973245
>didn't even use smartcontracts for their ICO
lmao but of course they did.
You think they manually calculated and sent everything in the span of a few hours?

>> No.25973414

Shills are out in big numbers today. Moon soon.

>> No.25973424
File: 1.06 MB, 2251x1022, 1597559477241.jpg [View same] [iqdb] [saucenao] [google]
25973424

>> No.25973442

>>25973277
>13 posts by this id

This is important to you, isn't it?

>> No.25973449

>>25973238
Yea dude it’s real. Not one mention since the poc from 2017. It’s 2021 now. Mainnet has been out for 2(two) years

>> No.25973452

>>25973319
Yeah and that will maybe give a modest bump. If paxos is using link feeds the jobs run will explode because of the frequency of paypal calls.

>> No.25973479

>>25973386
akropolis did, at least for their staking rewards kek

>> No.25973502

>>25973245
...they did...dude how bored are you? seriously go building something weak faggot

>> No.25973545

>>25973442
Chainlink? Yes it is.

>> No.25973561

>>25973386
Did we both participate?

>> No.25973579

>>25972698
shitty analogy but if the prostitute has infinite pussies to let get fucked then yes the prostitute makes more money with more customers
chainlink has infinite pussies that can be fucked at the same time, more customers = more money even with the same fee retard

>> No.25973639

>>25973449
>Yea dude it’s real.
So Swift didn't pay Chainlink to develop a smart bond PoC?

>Not one mention
Wrong.

>Mainnet has been out for 2(two) years
Defi-restricted initial mainnet.

>>25973452
>If paxos is using link feeds
Not "if".
They will be integrating the PAX and PAXG feeds, and obviously develop from there.

>> No.25973648

>>25973502
>>25973386
Have marines gone from fudding to spreading fake news? Wtf is up with that?

>> No.25973691

>>25973545
No, fudding.

>>25973561
I did yes.

>>25973648
Anon, you don't calculate many thousands of ICO payments in a few hours.

>> No.25973768

Ok so which one do i buy anons?

>> No.25973812

>>25973639
No that means link is using paxos data, not the other way around. This is BASIC.

>> No.25973874

>>25973691
They didn't use SCs. Also you are a bully

>> No.25973937
File: 3.62 MB, 1798x1796, 1609504167756.png [View same] [iqdb] [saucenao] [google]
25973937

>>25971142
WAGMI

>> No.25973983

>>25971975
it's still not too late anon. Hold it forever this time.

>> No.25973986

>>25973691
>>25973874
You are bullying an OG link autist how does that make you feel?

>> No.25974004

>>25973812
"Utilizing Chainlink’s infrastructure, the PAX and PAXG Price Feeds will provide smart contracts with on-chain price data"
https://www.paxos.com/paxos-adopts-chainlink-oracles-to-further-adoption-of-pax-and-paxg-in-defi/

Using basic grammar, this phrase says the PAX and PAXG price feeds are utilizing Chainlink's infrastructure.

And then there's also the fact that Chainlink provides proof of reserve to for PAX and PAXG.

>> No.25974055

>>25971829
kek

>> No.25974261

>>25973812
>>25974004

B T F O
T
F
O

>> No.25974311

>>25971142
Take this down

>> No.25974345
File: 210 KB, 728x493, 1610437844374.jpg [View same] [iqdb] [saucenao] [google]
25974345

>>25971975
kek thats funny anon. Everyone said Jibrel was a scam to get you to sell your links. Still waiting on some project in dubai or whatever it was?

>> No.25974368

>>25974004
Yes, smartcontracts. Paxos isn't a smartcontract enterprise but defi is. Look at your own fucking link.

> "this phrase says the PAX and PAXG price feeds are utilizing Chainlink's infrastructure."

This is literally an incoherent sentence. Im beginning to doubt you even know how link works at all. Anyway i literally know im correct and was trying to help but i can leave you to just learn as more information comes out.

>> No.25974399

>>25971453
Chainlink provides proof of reserve for Paxos’ two stablecoins, which are backed by actual dollars and gold. As of 10 days ago US banks are now allowed to use stablecoins, and Paxos is a bank.
Chainlink is powering a bank which is used by PayPal.

>> No.25974409

>>25974368
Anon, that sentence says the PAX and PAXG price feeds are utilizing Chainlink's infrastructure.

Please don't embarrass yourself any further.

>> No.25974455

>>25974368
Also, don't forget about the proof of reserve.

>> No.25974467

>>25971791
>>25971911
>>25971937
>>25971965
Link is providing proof of reserve for a federally regulated bank, Paxos. As of 10 days ago, banks are allowed to use stablecoins. Chainlink will be used by them all.

>> No.25974566

>>25971142
After reading through the Paxos/Chainlink integration article released by Paxos, it does seem bullish but I'm not entirely sure the connection is actually there. Paxos isn't using LINK for all their pricing on the exchange just offering price feeds for PAX and PAXG. When someone buys crypto on Paypal, Paxos might call the oracle price feeds from the LINK net work for those two assets. If Paxos was using LINK for all their price feeds than it would be like a indirect integration with Paypal.

>> No.25974599
File: 16 KB, 632x480, megakek.png [View same] [iqdb] [saucenao] [google]
25974599

KEK

>> No.25974616

>>25974368
>This is literally an incoherent sentence. Im beginning to doubt you even know how link works at all.
That’s how Paxos said it, copetard.

>> No.25974618

AssBlaster is back

>>/biz/thread/S25901577

He says in this thread that PayPal is moving really fast and might beat banks to adoption of stablecoins. The news today with Paxos matches it perfectly wtf

It’s also a similar writing style to Assblaster and he says he’s been on a hiatus for 2 years. It’s fucking him

>> No.25974641

This makes no sense. Why would anyone need to buy chainlink to get a price from an API

>> No.25974678

>>25974599
I think it's a stablecoin

>> No.25974700

>>25974566
Paypal partnered with Paxos to provide crypto prices.
Paxos just partnered with Chainlink for crypto price feeds and proof of reserve, starting with PAX and PAXG.

You have to try really hard to deny the obvious here.

>> No.25974706

>>25974618
> It’s happening. With the US OCC finally giving the green flag for banks to start using stablecoins. The gates have been opened.
> The fact that US OCC approved the use of stablecoins on PUBLIC blockchainS is self-explanatory.
>Can’t tell if other parties are interested in them, but their reality has changed a whole lot in the last week.

>Paypal is also part of the race and the pressure is on us to ship before them. They seem to have a headstart. Covid pushed the whole space full speed ahead in payment processing world and it seems they were better prepared for it.

>> No.25974753

>>25974641
You're right, it makes no sense. Everyone just go home.

>> No.25974757

>>25974700
>Paypal partnered with Paxos to provide crypto prices.
What this means in practice is that every buy or sell of crypto on PayPal’s platform is powered by Chainlink oracles and proof of reserve

>> No.25974793

>>25974678
So put money this?

>> No.25974798

>>25974757
That's where this seems to be going, yes.

>> No.25974835

GUYS. stop talking in big words. Link go up or down?

>> No.25974839

>>25974753
Brainlet here, what am I looking at here?

>> No.25974852
File: 520 KB, 888x894, 1610478634174.png [View same] [iqdb] [saucenao] [google]
25974852

>>25974793
Well if you want your cash to stay stable

>> No.25974886

>>25974852
I want number go up?

>> No.25974906

>>25974798
Don’t understand fudders saying this is “just a price feed” lol.

https://www.coindesk.com/paxos-becomes-latest-crypto-firm-to-file-for-federal-bank-charter

https://www.coindesk.com/occ-banks-stablecoin-payments

>> No.25974935

>>25974886
Then buy PAXG

>> No.25974940

>>25974906
They try.

>> No.25974966

>>25974935
Make big buy Thanksgiving brother

>> No.25974996

What this smells like is Paypal looking to make some fast partnerships, learn the ropes, and then dump them for their own proprietary product

>> No.25975071

>>25974996
Paxos has the advantage of having both an USD stablecoin and a fine Troy ounce of gold backed one.

>> No.25975146

>>25974599
it's a stablecoin, god you're fucking retarded

>> No.25975255
File: 89 KB, 384x384, 5689261C-EB2E-46E9-B23C-F5DD4B88321C.jpg [View same] [iqdb] [saucenao] [google]
25975255

>>25974618
>>25974706
IT’S HIM

POG POG POG POG POG POG POG POG POG POG POG I WAS HERE PUT ME IN THE SCREENSHOT

>> No.25975257

>>25975071
>Paxos has the advantage

Paypal is a global powerhouse with $283 Billion market cap moving into a space that is poorly or not regulated, and most of the code is open source. Peter Thiel's public comments indicated that Paypal's original vision was a payment system and a digital currency, what they succeeded in was the payment system. If they are entering the crypto space, its main goal is to take all the chips, not help pump your shitcoins. Chainlink is cute, but the idea is not copyrighted, the service is expensive and cumbersome, competition is entering the space for distributed data, and so we'll see what happens.

>> No.25975259

>>25974700
>Paypal partnered with Paxos to provide crypto prices.

Paxos is a centralized company/exchange and is the back end provider for when someone buys on Paypal. They don't use decentralized price feeds because they aren't decentralized. Chainlink created PAX and PAXG feeds for DEFI contracts to consume through the their network. There is nothing here even remotely confirming that Paxos will consume their own two price feeds being created which would indirectly be Paypal using them. Read the article again, I did twice. They said it was for DEFI. I want this to be true as well I hold a metric fuck ton of LINK but its a reach. The proof of reserve though it legit as fuck and is directly connected to Paxos consuming it.

>> No.25975328

>>25975257
PAX and PAXG are both stablecoins you fucking nigger

>> No.25975401

>>25975328
What is your point though? I'm genuinely interested, I have a degree in special needs development

>> No.25975546
File: 20 KB, 431x401, ad8f77ab.jpg [View same] [iqdb] [saucenao] [google]
25975546

>>25974678
>>25975146

Holy fuck it's easy to troll retards on biz. NGMI

>> No.25975670

>>25971975
WE ARE THE JIBREL MARINES
AND WE ARE FUCKING STUPID

>> No.25975671

>>25975257
If we're talking about market caps and not capital on hand, I don't know what to tell you.

>> No.25975754

Priced in. That was yesterday's 5% pump

>> No.25975878

>>25975259
> There is nothing here even remotely confirming that Paxos will consume their own two price feeds being created which would indirectly be Paypal using them

OPs pic literally shows PayPal’s website explaining how they use Paxos’ price feeds

>> No.25975892
File: 26 KB, 480x480, 1596915067997.jpg [View same] [iqdb] [saucenao] [google]
25975892

>>25974618
Assblaster hates us

>> No.25976061

>>25975892
Seems like he hates trolls and non-believers to me. Wgmi anon

>> No.25976103

>>25976061
she*

>> No.25976196
File: 33 KB, 657x527, 1608416834700.jpg [View same] [iqdb] [saucenao] [google]
25976196

>>25976103
Women don't blast asses

>> No.25976212

>>25975878
>OPs pic literally shows PayPal’s website explaining how they use Paxos’ price feeds

Yes that part is correct. However, there is literally zero evidence that Paxos is using the two price feeds that LINK will be setting up. They said it was for DEFI. Paxos is centralized, they don't use decentralized price feeds but they want to branch out their asset into the DEFI market. Now DEXes like AAVE, SNX etc will have access to PAX and PAXG price feeds and those assets can be listed on decentralized exchanges.

>> No.25976274

>>25976212
>However, there is literally zero evidence that Paxos is using the two price feeds that LINK will be setting up
Paxos’ stablecoins and their price feeds are backed by real assets for which Chainlink provides proof of reserve.

>> No.25976506

I don’t get anons who deny or overlook the proof of reserves thing. Sergey wasn’t hyped about hiring Benedict Chan for no reasons.

>> No.25976564

Link dumps. Literally nothing matters.

>> No.25976662

>>25976274

Yes read my replies I previously said that the proof of reserve for the real assets backing them is legit and a great step forward. Paxos is clearly consuming that data feed, but as it stands, Paxos isn't using those two price feeds in any manner on their centralized exchange. They are for DEFI contracts. It was stated clearly in the article.

>> No.25977301

>>25971791

Paxos is using Chainlink network for "Proof of Reserve" The new standard digital currencies that want to decentralize completely.

dude, this is huge. Think of any traditional institution that wants to tap the power and security of blockchain. They will be going through Chainlink.

>> No.25977754
File: 408 KB, 576x416, 1610200894572.png [View same] [iqdb] [saucenao] [google]
25977754

>>25974618
it's really him

>> No.25978285

>>25974618
Why doesn’t archive show trips?

>> No.25978364

We gonna dump on you at 19. Usa will not use paypal soon and all foreign money to china will be illegal.... Ty Donal trump

>> No.25978530

Went allin lets goooo leave this nulinkers priced out forever

>> No.25978641

>>25975255
I’ll put you in the screenshot alright you fucking simp

>> No.25978706

>>25976212
>there is literally zero evidence that Paxos is using the two price feeds that LINK will be setting up.
Paxos itself refers to this as an enhancement of their product which they provide to Paypal.
This is just the beginning.

Paxos provides prices to Paypal, and Paxos just started integrating Chainlink for its price feeds.
This is huge.

>> No.25978801

>>25975259
>Chainlink created PAX and PAXG feeds

No, Paxos did. And they used Chainlink infrastructure.
"Utilizing Chainlink’s infrastructure, the PAX and PAXG Price Feeds will provide smart contracts with on-chain price data"
https://www.paxos.com/paxos-adopts-chainlink-oracles-to-further-adoption-of-pax-and-paxg-in-defi/

>> No.25979337

Is this big for chainlink or not

>> No.25979365

>>25971868
based acronym

>> No.25979434

>>25978801
>>>/biz/thread/S25901577

Brainlet. The PAX and PAXG price feeds will call Paxos APIs, the Chainlink infrastructure is leveraging Paxos APIs to provide smart contracts with on-chain price data.

>> No.25979607

>>25979337
are you a big retard or not

>> No.25979692

>>25979434
That changes nothing to what I said.
This is Paxos' own wording.

>> No.25979797

>>25979692
You said that Paxos created the PAX and PAXG price feeds. No, Chainlink did.

>> No.25979873

>>25979607
No but someone people are saying it’s a nothing burger when chainlink is providing proof of reserves to verify collateralization of paxos tokens which are backed by US dollars and gold bars held off-chain

>> No.25979913

why isn't this $100 yet

>> No.25979931

Why you guys replying to these fudders? They know whats up they wanna buy it cheap fuck em

LETS GOOOOOOOOO

>> No.25979939

>>25978285
It does. That post didn't have any trips.

>> No.25980046

>>25979797
Jesus fucking Christ, obviously they worked together on this.

My point was that this isn't Chainlink going "can we use your data?" like the anon I was replying to implied.
This is Paxos going to Chainlink saying "we want to use your infrastructure for our price feeds" to Chainlink.

>> No.25980155 [DELETED] 

>>25980146
>>25980146
>>25980146
>>25980146

>> No.25980177

>>25980046
Does this make number green or red?

>> No.25980218

>>25979939
Ah ok those faggot are full of shit like usuall

>> No.25980652

>>25974835
UUUUUUUUUP

>> No.25980696

>>25980177
Just look at how hard the fudders are trying itt.
What do you think?