>Wouldn't companies need to make the payments instead?
>This seems like smartcontract is begging node operators to provide a service while still making bank with the other 30% of the supply used "for company development".
>It's like if Apple begged you to buy their cellphones and then pay you for using them.
>From a business standpoint, it doesn't make any sense.
>Also, why did you only answered a little bit of my post? Why didn't you answer it all?
this isn't fud, it's a redditor discovering what biz knew all along: link is a sham
Elijah Richardson
if you were here in October you'd know that edging is a cornerstone of the SmartContract.com company. There is no hype, only energy spent towards working on the product. In fact edging was what Sergey focused on for his Philosophy degree. This explains why partnerships are being kept secret and the suddenness of the inevitable singularity. When the singularity happens, be sure to open the Citizen app if you live in the SF bay area and look for an incident titled "office building flooded with semen" as Sergey et al will no longer be able to contain themselves. Sergey will blow the biggest load though as he's expressed a greater propensity of a hard on for decentralization. In fact in his interviews the first word Sergey says to candidates is "decentralization." No sentences or words around it. He looks intensely at their crotch, and if the candidate doesn't get wet or hard in 30 seconds the candidate is rejected. With this information the reasoning is clear: a significant partnership has been secured, and the smartcontract team has been vigorously doing laundry or buying new underwear. This isn't sustainable however because the massive volume of pre cum will ruin the dry cleaning machines. It's only a matter of time until the laundromats find out whats going on. Hence it is a race against ejaculation, and a rigorous mental battle to keep their enthusiasm in check.
Camden Reyes
Well, so far no one has refuted this fud.This homo cannot get away with this.
Sebastian Reyes
need the refute!!!
Connor Jenkins
Unironically this. Link's my biggest bag and I'm kinda getting nervous
Isaiah Moore
The chainlink company holds 30% of the supply to pay node operators. What. How does that make any sense? So businesses buy LINK tokens from the Chainlink company and pay node operators in them. Except the node operators can never sell their tokens because the Chainlink company will spend the next decade flooding the market. And except big businesses already hold 30 million tokens that they got for free for being "enterprise partners".
The token economics are hilarious.
Nathan Reyes
Y'all got played by daddy Sergey You'll be his sclaves !
Josiah Gray
Sell now you got scammed buddy
Grayson Stewart
What's the source for this?
Parker Gutierrez
This thread fren >plebbitor asks if link is a meme or not >bizraelis proceed to fud and shill >plebbitor asks stupid fud that no one seems to be able to answer >I make this thread to see if fud is really stupid or legit
Wonderful thread, bait just the right side of comical. But yeah the token economics are legitimately shit. How are those 600M tokens going to hit the market without suppressing the price for ever. Impossible.
Jose Nelson
Top kek This is serious nigger. My link investment is at risk.
Easton Cox
>Y'all >You all >Sclaves >You
Elijah Allen
He's probably a bizraeli that's larping as a plebbitor right?
I think I've heard this fud before and everybody said it was retarded. I just can't remember what was the answer to this fud.
Blake Thompson
The "answer" to the "fud" is that Sergey and friends are serious, dedicated professionals with a strong financial incentive to ensure the lasting value and liquidity of the tokens they hold, so they will design a reasonable distribution schedule. ie. >trust us
Angel Evans
Businesses will pay Link in fiat, Link will pay authorized nodes or subcontractors in Link for services rendered. Nodes will retain Link to build their reputation to secure more larger scale opportunities. They will also be required to hold Link for possible penalties on each transaction they are assinged. The more adoption takes place the fewer Link will be available, which will increase the value of each Link.
Dylan Wood
So who will node operators sell their LINK to? Who would buy tokens from node operators?
Isaiah Smith
You're right bros, the tean needs chainlink to moon as much as we need to.
Tyler Nelson
People who want to use oracles for their smart contracts nigga
Brandon Gutierrez
They will sell them the same way anybody else would and convert to fiat. Don't know if that is totally correct, but is my opinion. The more adoption sets in more nodes will aquire Link. As the process expands so does the value of Link. Same supply, more jobs, more nodes require Link which drives price up.
Colton Mitchell
Yes but lets look at the math here: Smartcontract.com has 600M tokens to sell Some VC wankers have 29M You have 400
Dylan Allen
This is the only fud that really gets to me.
Jordan Butler
350 million of the tokens are for node operators to bootstrap the system, ie payments and testing before smartcontracts are mainstream
Jack Harris
And there are madsive whales in btc and eth too. It's just part of crypto
Eli Price
I am of the opinion Swift holds a large portion of that 650m, they are motivated to hold them as the longer they are out of the circulation and demand goes up the more they are worth. Swift is going to make HUGE money from Link, again, just my opinion.
Not at all, just a theory. Would help explain why the ICO was over in about 4 minutes. Would also explain why some dude in a flannel shirt is center stage on a regular basis with some of the biggest players in crypto on a regular basis, he has big time backers.
Jace Adams
Assblaster did underestimate, he mostly focused on a small # of use cases that he was directly looking at day to day.
Austin Bell
AB shared early on that Swift went looking for Sergey. He also told us big money was backing this project, I don't think he was feeding a bunch of BS.
Jack Adams
>AB shared Jesus user
Hudson Gutierrez
Think about that theory and if it were true who makes big money user. Also solves the economics issue you previously mentioned.
Jace Garcia
Yes an anonymous larper's unverifiable theory would solve all the awkward problems. Weird huh.
