/biz/ - Business & Finance

>>24743896
>LINK literally is comparable to all of them, corner one niche, become the industry standard. Build products and companies modular from ground up -> be ruthless with aquisitions -> therefore offer all kinds of functionality and use cases from one company -> build the brand "just use XX, everything works and its well establishes"
That's true, Chainlink provided the foundation of the DeFi scam.

Too bad it's a platform for anonymous scammers and Google and Amazon are actually useful services.

>>24726896
DeFi is a scam bubble that must burst. Get redpilled on DeFi. When you hear DeFi you assume this hot new trend in finance and salivate over it while fomoing your money in the next uniswap shitcoin. You should be disgusted by DeFi and feel hatred and contempt for this shitty fad. Sergey bragged on his latest interview how easy it was to collect millions from investors when you create DeFi tokens these days. He's absolute scum of the earth.

DeFi = Decentralized. DeFi tokens, DeFi networks, DeFi APIs, are open to the biggest security vulnerabilities in the world. Almost 99% of all 100,000+ DeFi ETH tokens created were scams and pump and dump ponzis that had no impact on the world. Chainlink hasn't been adopted by 1 bank or tech startup in Silicon Valley after 3 years despite ripping billions. They have no oversight, regulation, ID verification, they open up finance to a Wild West frontier of fraud. Maximum anonymity = maximum fraud. You can pick up a MetaMask wallet and scam people out of millions of dollars without any repercussion because it's completely decentralized. No one will trust this for their banking ever.

Centralization is security and that's the only way to mass adaptation. DeFi's retarded ecosystem thinks they can shill decentralized networks to mainstream society and banks on buzzwords like "open finance" and "decentralized oracles" and everyone gets hype over it as if it's a good thing and not the biggest trust-erosion project since the Blockchain was sprung to existence. Question for DeFi shills: would you put your pension in a DeFi token?

Fuck Sergey and fuck Cronje. DeFi shills are mindless zombies without a head on their shoulders, easily influenced by hype.

DeFi is a scam bubble that must burst. When you hear DeFi you assume this hot new trend in finance and salivate over it while fomoing your money in the next uniswap shitcoin. You should be disgusted by DeFi and feel hatred and contempt for this shitty fad. Sergey bragged on his latest interview how easy it was to collect millions from investors when you create DeFi tokens these days. He's absolute scum of the earth.

DeFi = Decentralized. DeFi tokens, DeFi networks, DeFi APIs, are open to the biggest security vulnerabilities in the world. Almost 99% of all 100,000+ DeFi ETH tokens created were scams and pump and dump ponzis that had no impact on the world. Chainlink hasn't been adopted by 1 bank or tech startup in Silicon Valley after 3 years despite ripping billions. They have no oversight, regulation, ID verification, they open up finance to a Wild West frontier of fraud. Maximum anonymity = maximum fraud. You can pick up a MetaMask wallet and scam people out of millions of dollars without any repercussion because it's completely decentralized. No one will trust this for their banking ever.

Centralization is security and that's the only way to mass adaptation. DeFi's retarded ecosystem thinks they can shill decentralized networks to mainstream society and banks on buzzwords like "open finance" and "decentralized oracles" and everyone gets hype over it as if it's a good thing and not the biggest trust-erosion project since the Blockchain was sprung to existence. Question for DeFi shills: would you put your pension in a DeFi token?

Fuck Sergey and fuck Cronje. DeFi shills are mindless zombies without a head on their shoulders, easily influenced by hype.

Inb4 what's your solution? If you were to secure a crypto project, you'd need to ask for identity verification at the start before wallets and have the ability to burn and reverse token transactions at will if someone reports a dispute like PayPal. I don't see any platform that does that now.