MakerDAO is destroying DAI
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.
4 comments
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:- Do not replace fiat
- Are not stable since inflation on fiat
- Are more risky then fiat
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?