RE: So far Dai from MakerDAO is stable at a median price of $0.99

You are viewing a single comment's thread from:

So far Dai from MakerDAO is stable at a median price of $0.99

in crypto •  7 years ago 

"With Dai, anyone, anywhere has the freedom to choose a money they can place their confidence in. A money that will always maintain its purchasing power. "

If you want to maintain buying power, pegging to the dollar is a terrible way to achieve it. How many QE has the Fed done so far?

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Good point.
And how many fiat currencies have been destroyed through human history? All of them. Why would with current be any different?