Cryptocurrency

11 readers

1 users here now

founded 4 years ago

MODERATORS

Rumblestiltskin@lemmy.ml

MakerDAO is destroying DAI (lemmy.sdf.org)

submitted 6 months ago by BD89@lemmy.sdf.org to c/cryptocurrency@lemmy.ml

5 comments fedilink hide all child comments

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.

top 5 comments

sorted by: hot top controversial new old

[–] shortwavesurfer@monero.town 4 points 6 months ago

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.

[–] banghida@lemm.ee 3 points 6 months ago

Also, who cares?

[–] Rikj000@discuss.tchncs.de 3 points 6 months ago

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.

[–] sexy_peach 2 points 6 months ago

What blog post? Can't find it.

[–] shadow06@lemmy.ml 1 points 3 months ago

We need a commodity backed stable coin. Carbon capture? Energy via hashrate?