I'm actually more qualified to talk about this than most anons.I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. We'd be one of the first companies in line for something like Chainlink, if the decentralized smart contract space had more value over traditional data exchanges. There's a catch though, an underlying flaw more deeply embedded in the bedrock of LINK than the very code itself. The flaw is with the concept, and it's this: Companies won't actually go through the hassle of trusting their data API's through crypto.
Now I can already hear your keyboards going frantic, but hear me out. Jow Forums hates banks, and traditional data providers. But actual companies, businesses, and investors do not. There's an old saying you might have heard of: "If it ain't broke, don't fix it!". The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust.
'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL. 'But the reputation system!', doesn't that defeat the whole point of your coin? If companies only trust nodes with high reputation, what's the difference between trusting banks and data providers that already have high reputation, but in real life not on a computer screen.
The fact is, LINK is going to share the same fate as ETH will. A lot of 'real world application' hype, with a lot of 'crypto world application' reality. Only, this billion supply coin isn't going to come close to the $1k that Ethereum hit. Happy gambling though anons.
Nice pasta. Now try to think how much money it would save in insurance and international trade, have you ever worked with conflict of law?
Angel Perry
If businesses don't use chainlink they will be under cut by new startups who do. You completely neglected the cost savings factor. Typical employee mindset.
Dylan Price
>Share the same fate as ETH Uh I will be pretty comfortable with that.
Kevin Sanders
>If it ain't broke, don't fix it! Said all the people who's manual jobs were replaced by the first business computers. This is too much of a troll FUD to warrant replying to fully but you seem to misunderstand the concept. The data providers themselves have no role to play in enabling chainlink to use their data, it's all on the client. >LINK is going to share the same fate as ETH I wholeheartedly agree.
>cyber-techno >pay attention to me it's all about the bottom dollar bitch. if it saves you money you use it. only time will tell if that's possible.
Jonathan Williams
the point isn’t getting data for the sheer sake of it, it’s to get data that will allow for trustless execution of agreements, that’s the draw that will make getting secure data valuable.
Elijah Gomez
>I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it >'But Chainlink is trustless!' I hear you cry, but is that really a good thing? Just listen to the sound of it. Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL This isn't even fudding anymore. This is intentional comedy
Dylan Parker
if you're honestly making an attempt at legitimate fud, your whole post is sorely lacking in content.
of all this bullshit you wasted your time writing, your premise boils down to "people don't trust new technology". this shows you're a brainlet, because companies will use anything that can provably improve their efficiency or save them money in some way. large, competitive businesses have to take this approach when faced with new tech or else they will fall so far behind the innovation curve that they are no longer relevant in their industry.
this is why all the major tech companies now have "blockchain" departments. DLT isn't going away, and your whole thesis is flawed. none of this actually matters though and OP is a poor larp.
Benjamin Young
if it saves companies money, they will use it. end of.
Lucas Gutierrez
Im not even gonna read this shit
Jaxson Young
This is really a very basic understanding of what they're attempting. I'm hoping a larp.
Isaac Ward
Kek
Leo Rogers
Who makes these? Why does link have so much pasta?
smart contracts are the way for many multinational corporations that do not trust each other to do business.
Cooper Walker
The discord has an army of fudding autists that are REEEEEEEing that the price is too high.
Caleb Cox
>I'm actually more qualified to talk about this than most anons.I'm employed with a cyber-techno machinations company, I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it.
>to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, >on a cryptocurrency called Chainlink
You have 0 fucking idea about smart contracts or even crypto in general, let alone Chainlink itself lmao
You ound exactly like that fucking loser posting his ugly fingers with some shitty jewcard Seriously consider killing yourself you cringy motherfucker
Chase Young
That's because they were replaced for a more efficient model. Even if Link manages to get a mainnet working (which I doubt), overall it's still extremely inefficient compared to currently established oracles.
Companies are all about efficiency and cost reduction, Link isn't offering either.
Aaron Davis
>Businesses don't want to spend millions of dollars on something that is trustLESS, they want something trustFUL
kek nice fud m8
Kayden Lopez
There's actually no point in using currently established oracles because if you're going to use a centralized oracle, there's no point in using decentralized computation.
John Richardson
If you're talking about the subreddit discord, most of them can go fuck themselves
Mason Wood
>cyber-techno machinations company What did he mean by this?
>Companies are all about efficiency and cost reduction, Link isn't offering either. actually, it offers both a smart contract's entire point is efficiency. and by attaining that efficiency and cutting out the middlemen you also get cost reduction.
>I'm employed with a cyber-techno machinations company Literally what the fuck is a cyber-techno machinations company? You useless FUDders aren’t even trying anymore.
Fuck me you are such a big shot you spend all day waiting to chime in on a Mongolian underwater basket weaving forum. If that's making it then on your advice I'm all in on link brother
Henry Thompson
But how can that compete with a guy that works with open source, decentralized, APIs, partnerships, etc?
Ayden Davis
>partnerships, you name it fucking kek, i didn't make it past half way but you got a lol out of me.
Nathaniel Martinez
I know you're larping but just wanna call this line out for the young anons: >The idea that any of our bosses would give us the go ahead if we approached them to put our companies valuable data in a smart contract on a cryptocurrency called Chainlink, that they've never heard of, we'd be laughed out at best and fired on the spot at worst. We already have API data buyers and providers we trust. This is the exact kind of attitude that separates actually valuable employees from worthless monkeys hammering away at their keyboards all day. A truly valuable employee would lead the charge for change because he/she knows it's best for the company, and be convincing enough to get buy in for it.
If this user isn't larping, they are like a standard 3/10 employee, easily replaceable. Remember this lesson, young anons.
Thomas White
Trips of truth
James Murphy
Once the tech is ready, we need a massive FUD campaign to sway normies against the old system.
Julian Gomez
A thread died for this garbage
Cooper Ross
0/10 larp you wasted your time
Lucas Powell
Lmao. SWIFT is literally going to be obsolete if they don't innovate. There's a reason fintech is so huge right now. You must be absolutely retarded and a shekel hired by sergery to derail us.
Logan Ward
kek like swift would ever partner with a tiny, incompetent team like link. They could recreate the entire link codebase in like 1 month.
I just got my Masters in Cyber-Techno Machinations, with a minor in Decentralized Partnership's Open-Sourced Application APIs. He's absolutely right, LINK is worthless
I just got my masters in crypto analytics and Blockchain middleware with plus an undergrad minor in tokenomics and I disagree Link to the moon
Justin Baker
My professor had a PhD in Scalable Privacy Solutions, with 8 years experience in Fast, Energy-efficient dApps Protocols, and he thought that Link would never moon
Jayden Murphy
anyone got a screen shot of the 1000 eoy get?
Oliver Lee
Guys, he's working for a cyber-techno machinations company.
>My professor had a PhD in Scalable Privacy Solutions, with 8 years experience in Fast, Energy-efficient dApps Protocols, and he thought that Link would never moon
On the other hand I actually have a masters and 20+ years in IT and think link is a good bet
Austin Richardson
I'll be so pleased when link goes parabolic. Yes I'll be pretty fucking coined...but more importantly my brain won't have to be raped by this absolute rot. It's making be dumberer I swear.
I have 60 years of experience in blockchain, 5 years of experience in Mcdonalds-centric retail and my dad works for satoshi nakamoto, and he says according to their oracle, you’re all gay.
Jaxson Thompson
Redpilled and based
Bentley Hernandez
My dad works at Nintendo and at first he was skeptical of Chainlink but when I showed him the 7s get he went all in.
Juan Williams
>By 1980, the Apple II and other personal computers on the market were changing the minds of bigger, older computer companies about the future of personal computing. IBM, which dominated the market for large mainframe computers, and Digital Equipment Corporation, which had been doing a booming business in what were then seen as “smaller” computers with a wide variety of applications, had been slow about seeing that PCs were the wave of the future. Indeed, Ken Olsen, the founder of DEC (whom Bill Gates had idolized as a teenager), had been debunking the PC since 1977, when he told a convention of the World Future Society, “There is no reason for any individual to have a computer in his home.” This famously mistaken judgment meant that DEC would later have to make a massive attempt to catch up, and it eventually led to Olsen’s ouster from the company.
Carter Nguyen
Nice pic of Charlottesville. If Chainlink saves businesses money, they will use it. Anything that saves money will be used instead of alternatives that cost money.
Blake Johnson
this and checked
>The fact is, LINK is going to share the same fate as ETH will A parabolic rise in value and industry recognition? Even if you don't believe in LINK, ETH is poised to be a household name like BTC
Elijah Perry
Nice to e-meeting you
I'm a management executive here in a top 20 EU firm.
Did you hear about Open API, Rationalization Automation & cost reductions as main focus for all of us on mid term ?
Please return to your code & mangas, and let the adults do some business.
All the polite bullshit,
user.
Landon Butler
>API based infastructures* > It's in Netherlands.
Ayden Roberts
Sminem warned us of the way of dinosaur. They only had to listen.
Sebastian Robinson
API based IT architectures with containers
Elijah Williams
Though they did not. That's the problem of petrified grandpas. It ain't broke bucko.
Josiah Nelson
Does it help to save a lot of money to fin tech, financial industry in general, banks and average business? If the answer is NO. Move on. If the answer is YES. Invest and wait.
Cameron Sullivan
>I do a lot of security analyst programming type work. Open source, decentralized, APIs, partnerships, you name it. Holy fuck, I love You guys so fucking much. Thank You all for being who You are. This is more than great fud, it's autistic fud. 1000 EOY
Gabriel Adams
What city is this? Looks like a nice comfy place
Ryan Fisher
Lmfao
Lucas Gomez
fresh semolina flour, egg, salt, and water, with a dash of moldy shit
