Potential uses for chainlink

[Anonymous No.23472923]

So biz please explain to an absolute bizlet what the practical applications of chainlink could be in the future. I want to believe, and I’m considering getting LINK. Linkers please explain in a non-biased way.

[Anonymous No.23472948]

There are none. Token not needed.

[Anonymous No.23472973]

>>23472948
Then why do they expect it to explode in value?

[Anonymous No.23472985]

>>23472923
Have you heard of warosu? They might be willing to spoonfeed you over there.

[Anonymous No.23473019]

>>23472923
>what the practical applications of chainlink could be in the future
Anon that's like asking what the practical applications of electricity are after Jefferson got shocked with his kite.

[Anonymous No.23473717]

Still no real answers? Please help me understand the huge hype

[Anonymous No.23473759]

>>23472923
google Chainlink and Smart Contracts

[Anonymous No.23474433]

Its just a json parser, it does nothing

[Anonymous No.23474528]

You're three years too late for non meme answers, just look up some of sergeys powerpoints on youtube

[Anonymous No.23474639]

>>23472923
Linkies are exclusively for stinkies. Imagine.

[Anonymous No.23474654]

>>23472985
Based

[Anonymous No.23474722]

2030: Instead of a "bank account" you have a personal, digital wallet attached to your personal identity. Your wages are paid in there hourly, and your tax obligations are calculated dynamically so that there is no "tax time" any more, your tax obligations are simply paid automatically on the back end as your money arrives.

The money in your account is constantly moved around, by an AI, into the most profitable form of lending/liquidity provision/anything else that has a positive return, so that your savings are always going up, and the more you have, the more they go up.
You take a loan from a decentralised lending pool to buy a house. Instead of the loan money coming from a single bank, it comes from thousands of individuals whose savings make up profitable "lending pools", just like the ones your savings are moved into when it's most profitable.
To buy a house, you go through an app that has a complete description of the house and title on a registry, and when you click "buy", all the legal boilerplate that would usually be handled by a conveyancing lawyer (over a couple of weeks, and for a lot of money) is handled instantly by the app, that transfers you the deeds, and the other person the money. This is just scratching the surface...

The entire world of commerce, from high end international finance, to p2p sales, is run on an intercommunicating, automated platform of secure value exchange. Chainlink constitutes a base layer protocol of this entire ecosystem and functions under the hood of every single feature listed above. Effectively operating as a monetised TCP/IP, or monetised http/https, Chainlink has a market cap of $81 trillion and is talk about in awed tones by the business community.

[Anonymous No.23474763]

>>23474722
Excellent post, anon!!
I'm saving that

[Anonymous No.23474777]

>>23472923

I'm getting LINK since its affiliated to AVAX and that's kind of a great sign. Both are the future of DeFi

[Anonymous No.23475169]

https://blog.chain.link/44-ways-to-enhance-your-smart-contract-with-chainlink/
>>23474777
it will be afflilated with everything

[Anonymous No.23475285]

>>23474777
Checked. Welcome to the corps.

[Anonymous No.23475322]

none really (pretty boring token) plus it mooned already

[Anonymous No.23475816]

>>23472923
payment for operating LINK node
collateral taken when validating non-truths

[Anonymous No.23475865]

>>23472923
>So biz please explain to an absolute bizlet what the practical applications of chainlink could be in the future. I want to believe, and I’m considering getting LINK.

You are missing at least 20 iq points needed to even begin to comprehend where we are going.

[Anonymous No.23475986]

>>23475865
Alright well fuck understanding this shit I’ll just buy a 5k stack at 15$ With absolutely no idea WHY it could be a good investment..
Pardon me for trying to get a better grasp on what the fuck I’m actually investing in..

[Anonymous No.23476092]

>>23475986
It's expected that would have done some reading and could come with specific questions other than "hey i just read about this on reddit, i cant be bothered do the most cursory of research on its adoption in defi and parametric insurance. tell me if i should buy"
that would be a better use of your time and ours and is how should approach all aspects of life: read, think and follow your gut instict. your choices and decision are yours