/biz/ - Business & Finance

>>27259508
we got too cocky

Nice FUD actually, definitely going to add it to my pasta file. But comical that anyone other than the newest of newfags would even consider this as a possibility. Implies a fundamental lack of understanding of Chainlink.

>>27259761
I don't know anon, with the government quietly pushing USDC this seems plausible. We need some high IQ anons to chime in. Why do you think it lacks a fundamental understanding? Tbqh I'd rather it be a governance token so we can actually own the company like UNI and get a piece of the profit other than "wen staking"

>>27259508
Whoa, an anonymous assposter reports that there is DISCUSSION and SPECULATION????

i-it's over...

>>27260797
Discussion and speculation is how you get in early on shit.

>>27260993
There is discussion and speculation that you will never transform into a woman.

>>27260686
Staking to provide information via a node is the only thing that guarantees its trustlessness and authenticity. Anything beyond a simple price check aggregate oracle which is pretty much all LINK currently is will not function as intended without staking.

>>27260993
Art, is that you?

Can somebody post the picture of the girl in OP?

>>27259508
>Oh Stinkies
>Hahahahahahahahahahahahahahahahhaahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha
>Discussion and speculation is how you get in early on shit.
So first you act retarded and then you want to have a discussion, sounds to me like you want to be spoonfed.

>>27261069
They'll stake with USDC, if you ran a large insurance company you'd much rather stake with a stable asset approved by U.S. regulators. It makes a lot of fucking sense does it not?

>>27261349
Why would Link not be approved by US regulators?

>>27261248
>>27261061

Well I own a lot of link, sorry you have no sense of humor. I'm genuinely curious if we could end up owning chainlink LLC much like UNI. Either way we win.

Anything posted with
>3DPD
is complete falsehood.

>>27259508
>source: my intestines

>>27261474
Path of least resistance, doesn't comply with Insurance Industry Regulations? I really have no idea. It's why I'm here.

>>27261061
pls link this video, I can't find it for the life of me

>>27259577
I mean I know we were cocky, but were we really TOO cocky?
Say it ain't so bros!

>>27261740
>doesn't comply with Insurance Industry Regulations? I really have no idea.
There is no reason why Link wouldn't comply.

>Path of least resistance
A stablecoin has an underlying mechanism, which adds complexity to an already complex system (decentralized oracles).
Link is a token, which offers the path of absolute least resistance.

fake and gay as hell

>>27259508 >>27261349
can somebody explain to a retard why coins like usdc and dai never change? somebody told me to hold in the stablecoins like these, but why would I do that when just holding in a regular savings account will at least earn interest.

>>27262196
It allows you to quickly convert to cash and back into crypto with it waiting days for your bank to settle.

>>27261349
Perhaps on the end user layer it will be what they use to pay for the service to make it more normie friendly but under the hood it makes no sense to change the system.
Besides anything else usdc has an infinite supply doesn't it? Which means that members of their team hold the minting key. It would leave the system open to exploitation if you could dampen your loss from providing corrupted data via a node by just creating back the value lost. Given I believe that the tokens are destroyed in that instance it wouldn't even cause inflation either.

>>27262379
so they're just fiat on ramps?
what's the point of holding those coins instead of btc, eth, whatever else you think is a good investment?

>>27261905
It might not comply, with Yellen at the helm of the treasury and with NYAG going after crypto I have concerns.

Just a guess but I think most insurance accountants would rather deal with a stable coin pegged to the dollar. It makes a lot of sense from a book keeping perspective.

I think link would moon like crazy being fully regulatory compliant using usdc and link holders actually owning chain link the company much like UNI. Don't forget, link came out before DAOs became the standard for DeFi, why wouldn't they adapt?

>>27262196
>holding in a regular savings account will at least earn interest
DeFi

>>27262966
Exactly
Seems we have a lot of new faces around here since WSB, I hope most learn something while they visit.

>>27260797
>anonymous assposter
the more things change
the more they stay the same

>>27263858
The ass giveth, the ass taketh away.

>>27261555
Checked but if you consider this humor, I hope you get a colon cancer and watch the LINK rocket from a hospital bed.

>>27262779
It provides you with a quick way of securing your investment's value rather than converting straight to cash. If whatever shitcoin you're in is blasting off or plummeting back to earth you can simply flip to a stablecoin rather than to another volatile crypto that you would need to send to an exchange with fiat on it that you could then convert to.

>>27259508
>>27260993
no one is going to try to make you feel good about buy in or holding new fag.

>>27264086
I own a lot of link, I want it to moon.

>>27264252
Insurance companies feel the same.

>>27261555
>own a lot of link, sorry you have no sense of humor. I'm genuinely curious if we could end up owning chainlink LLC

how much is a lot to you?because with this statement a lone you seem like a nufag who is thinking of buying in

>>27259508
explainn to a brainelet
is this burrish or bearish?

>>27264291
LMAO I've been here since the beginning anon.

There’s bills in congress now (STABLE act) to crush stablecoins. If link as an entity were to decide to allow staking in things other than LINK it would be pretty crushing but - we’d see it in the code first, so that’s a mercy. I don’t give the theory much water.

As to the insurance industry, it’s not on their radar in the least.

>t f100 insurance mid level tech mgmt

>>27264559
no you havent

why all the link hate since the surge to 25? its still crabbing at $22, even a poorfag late buyer like me still haven’t lost money and anyone in the ground floor three years ago still made bank. It seems like some ((people)) want link to dump...

>Holding to eoy

>>27259508
DR; NS

>>27264872
>it seems like some ((people)) want link to dump...
welcome to biz, we've been dealing with this shit for 3 years

>>27264323
>Hahahahahahahahahahahahahahahahhaahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha
>I own a lot of link

>>27264086
It is humor. Fuck you and fuck trannys. Die faggot.

>>27259508
Transfer and call
Transfer and call
Transfer and call

But sure this is good pasta fud

>>27262196
Google aave and look at the interest rates