Will most businesses just avoid public blockchains and use private ones, rendering LINK and a lower value than expected?
Private chains:
>Free to use as no token / transaction fees to pay
>Faster
>Private company data not visible to public & competitors
>Avoid the volatility of public tokens and flutuating gas costs
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Aaaaaaahhhhhhhhhh !!!!!
Broooooos !!!!!
How will they bring in external data?
lol sure, like everyone just avoided the public internet and stayed with AOL instead
This was last week's fud OP. We are past that now.
how is that even remotely analogous?
Let's just check the scorecard.
Public chains: most explosive asset class in history, global public obsession, literal billionaires, countless successful businesses in the ecosystem.
Private chains: *sad trombone noises*
They can still use chainlink, just without LINK. Chainlink allows this to enhance their brand.
Intranet / Internet comparison does not work here. Private blockchains provide more benefits than public blockchains to private businsesses (cheaper, faster, more private). Intranet limited businesses compared to internet. Literally the opposite.
Some hippy said public blockchains are better because he finds private ones boring? Not good enough my friend.
This is not fud but the truth. Tell me one big company that will use a public blockchain and memetokens and show their sensitive date?
Sergey brought link into life for funding. Nothing more nothing less.
Also companies wont approch smartcontracts until ISO finishes their reports by 2021. So link will only be used now for price feeds