/biz/ - Business & Finance

Also, why dont they just go ahead and actually do it, and THEN make an announcement? This is just like “hey heres a cool idea of something we could do” and then theres never any follow up. I dont get the whole “look at me I had a new idea” tweets… actions > words

>>53935174
crypto is much more liquid and on L2 has lower fees for micropayments than usd, artists are way more likely to get compensated by cryptards than brokeass dollarlets (who would just pirate anyway). also cope. also seethe. also fuck you

>>53935202
>THEN make an announcement?
That wouldn't keep people buying and holding. It would just be a system almost nobody uses that generates near zero revenue.

>>53935174
Oracle networks need their own token for sybil resistance. This has been discussed as nauseam and anyone implying token not needed is either fudding or nubiz

>>53935213
What % are the fees? A credit card transaction is usually 2-3%. Youre saying its lower than that? Every time I send crypto somewhere its like $10…

Also why did the post make you so upset? Maybe get a workout in

>>53935286
No clue what that shit is. I thought we were talking about spotify. This sounds like its about making a donation to an artist or something? If my credit card is already plugged into my spotify account, why cant it just process that way?

Imagine music artists receiving regular crypto payments for streams DIRECTLY, without (((middlemen))) taking a cut

#LinkTheWorld

>>53935174
Spotify is garbage and doesn't pay artists shit. If there were a platform that paid its artists in a decentralized and non-Jewish way then it could be quite popular. None of this bank account/tax/KYC/TOS kikery.

You make art, people consume it, you get paid. That's how it should work.

Imagine a blockchain-based music streaming service where listeners pay a tiny amount to listen to music and artists receive almost all of what people pay.

Like, every time you listen to a song you pay $0.02 or whatever and the artists receives $0.015 and $0.005 goes to fees to service the the system.

Instead of paying $10 a month for Spotify, you pay a tiny amount per listen and the artist gets paid per listen instead of some paltry lump sum from Spotify.

>>53935174
>>53935202
vaporware

>>53935202
>why dont they just go ahead and actually do it
Chainlink is the platform that independent developers can use.

>>53935414
Based

>>53935475
Sounds simple.
>just onramp on coinbase, send eth to metamask, convert to SPOT tokens on uniswap, connect metamask to spotify, and pay $.02 in SPOT+ $6.50 oracle fee + $30eth gas fee per listen
Should cost me about $500 to relisten to In Utero, but at least Courtney Love will get her money.

... now we wait for some retarded nigger to say use an l2 so i can add 4 steps to the green text in order to only spend $200 per album listen

>>53935174
Chainlink is such a fucking scam they need to @Spotify to get some publicity

>>53935202
same reason you don't just go and sell your Link instead of making these gay threads

Typical “we’ve got ideas but no execution” from these midwits

>>53935202
Sergey has maintained a position, for some time, that he does not want to compete with his users. And so they refuse to put out first party applications.

Personally I do not agree with this. We are way to early in the realm of crypto apps where this is an issue.

Eh.. wtf. I'll copypasta here too.

Sergey ALWAYS BE SELLING, and he's worth $500 million. The guy is my hero.
Want to make it? NEVER STOP SELLING LINK

Dude is the fucking man. 100% legal too. No refunds. "Sorry you bought a network specific utility token thinking there was any implied roi potential, fiduciary responsibility, or stake in cll"
Nigga can just shrug and walk out any time after he off loads the final 500million stinkies.

>>53935414
Chill it with the Antisemitism

>>53935475
This is fucking stupid and would never catch on. First of all im sure spotify pays a pretty decent price for the licensing rights to music. Secondly no actual customer would want to fuck with this. No one wants to have to worry about the possibility of running out of tokens in the middle of listening to music. Surely you understand that people would much rather pay $10 or so a month and then not have to worry about it

>>53935475
No one wants to worry about paying in order to listen to each song; that's why a subscription model of payment is the status quo for streaming media.

>>53935174
>Couldnt they just get paid in USD
Lol pack it up boys, buddy here just deboonked crypto.

>>53935720
Chainlink labs aren't the ones making the dApps, they are just providing the infrastructure

>>53936223
Exactly, theyre saying what can be done. Theyre paving the road. Theyre just telling us the roads can support 18 wheelers.

>>53935213
>also cope. also seethe. also fuck you
kek

>>53935286
>sybil
That's like one of those sex machines that chicks ride in pornos? How does the chainlink help resist them?

>>53935475
Are you kidding me? Why the FUCK would I pay by song??? Im a current spotify customer and 100% happy with the current arrangement. I listen all day at work and gym so some days Im streaming 12 hours a day. The monthly family plan works for me as is:

As a customer I dont really give a shit what “should” happen in the music industry. Thats none of my concern.

>>53935414
Why do you think no one is taking a cut? Explain to me how youre going to hear the music? Are you using a chainlink music app on your phone instead of spotify? In the words of Tom Hanks in the movie Big…I dont get it

>>53935174

I wish violent death on you and people like you, no cap

>>53935611
Lmao this is exactly what Im saying.

>>53935174
Yes absolutely. In fact we should just skip crypto altogether as it is not needed.

>>53935723
That sounds like a cop out. Anyone can sit here and be an “idea guy” all day. Actual implementation is a whole different ballgame.

I saw someone make a joke on on MIRC in the early 2000s that said jokingly to someone “if you can find a way to email money, you’ll be a very rich man”…essentially talking about crypto. This was just some random guy in a counterstrike chat room.

>>53936196
Im open to hearing why Im wrong here man. This is a discussion forum. Its ok to disagree with each other. The floor is yours…

>>53938520
I absolutely recognize the value of crypto, however the topic of this thread is solely focused on the hypothetical spotify use case with chainlink. Obviously I wouldnt be on biz if I thought all crypto was useless…

>>53938581
>Crypto is useful
This is schizo headcanon. Crypto is not needed. We have Mastercard/Visa, Fiat money, government approvals, and the Jews. Crypto is not needed

>>53938557
eat poop

>>53935174
>bank account
banks don't have money
that's why reverse repo exists
if CL wants to create an oracle and charge for it, they need money

banks don't have money, it's all been stolen by you know who
reserves reqs are AT ZERO
zero

>>53938678
>>53938719
>>53938744
Haha man biz has sunk to such shit. So its a superstonk plebbit sub now. Its not basically a sportsball forum. Man this bear really tore you guys apart mentally eh

>>53939121
Its now*

>>53935174
>skip all the hassle of converting currencies and dealing with stupid ass wallets
lol why the fuck would any of this stuff even happen in the first place? you have no idea what you are talking about idiot

>>53938403

>chainlink fud in 2023
>doesn't even know what a sybil attack is

>>53939151
I feel like you guys resort to talking cryptically as a defense mechanism. I didnt mean to trigger you. I guess talking about this specific use case is a senitive issue to you…did something happen??? We’re here for you man, just use your words…

I mean surely if you bothered to respond you can participate in a discussion. Unless of course, it’s THAT sensitive, in which case, I hope you feel better

>>53940252
Why is it fud exactly to ask about how a specific spotify use case would happen? watched the richard nixon movie a week ago and keep getting the same vibes robert redford got whenever he asked he question…wtf is going here? Again not hoping to trigger any autist freakouts, just wanted a discussion here…this place seems more like reddit every day

>>53938533
Checked. So... how do you email crypto?

>>53935286
I was here in 2017.
I sincerely hope that the majority of the /pol/migrants who abandoned their ineffectual homeland and started corrupting /biz/ culture around 2020 believe that the token is not needed.

>>53935202

>why doesnt mastercard just open 100,000,000 shops themselves if payment merchanting is so useful?

>>53935487
Yeah I'm a version of you but I married my bag 3 months ago... (A coin created 6 months ago)
Will I end up like you?

>>53941490
Kek the coin is named like my id but it's red
What does that mean?

>>53941063

because you are a midwit. you get treated like one

The future is Radiant (RXD)

What BTC was meant to be + induction proofs + smart contracts

A layer 1 with everything you need
POW, UTXO, fast, scalable, secure, low transaction fee

Every transaction can be tracked back to the genesis block, for ever

Account emulation allows for EVM like Smart contracts. ETH contracts could be converted or "emulated"

5 minute block time, 21B supply, 2 year halvening

0conf allows instant transactions


Not a security


Sha512/256 algorithm is secure, and it's new. ASICS could be built but they won't until the coin is more well known only if prices skyrocket

Right now 4B coins have been mined, the marketcap is 3M, and volume is 20k-60k

Whole BSV and BCH developers and community are staring at it not wanting to let go their bags and touch it. They will fomo all in

Everything is going perfectly for a 6months old coin in a bear market

KAS has that gains yeah. Let's hope it's not deemed a security for funding it's price to prop it up, and lets hope no one ever finds vulnerability in their multiple blocks mined at the same time stuff

The year is 2035, you enter your local 7/11 to buy yourself a g fuel before your shift in the local crypto mine. The android working the counter says they only accept Red Rabbit token. You pull out your phone, draw a stick man in less than five seconds on a yellow back ground and then sell it as an NFT. From the sell you make 6 Red Rabbit token, about 5 million dollars in old world money. You go to buy the drink only to find out that from the time you closed your phone to the time you talked to the cashier the coins had dropped in value to only 3 dollars per coin and you now owe at least 10 Red Rabbit token to the robot for the gamer fuel. You leave the store, frustrated, and drive off in your Tesla

>>53938557
>explain to me why crypto and smart contracts are useful