MakerDAO is destroying DAI
You can read about it on their blog. Its over. Does anyone know any other unfreezable stablecoins? Honestly this might be the end of crypto for me. I truly can't believe they are doing this.
Syndicated from the fediverse. Read and engage on the original instance.
View original on lemmy.sdf.orgView original on lemmy.sdf.org
4 replies
Monero is the way forward. It's not a stablecoin per se, but it is quite a bit more stable than most other cryptos, because it actually has people using it day to day as currency.
Don't meddle with "stable-coins".
They are pointless since they:
Only crypto you should still care about these days is Monero.
Also, who cares?
We need a commodity backed stable coin. Carbon capture? Energy via hashrate?