keccers
@keccers.eth
I am becoming DAI pilled simply because I think it’s stupid we continue to spend ETH on mints and other crap. It’s like if you used Apple stock to buy vending machine junk toys in the 1990s Why And we should rally around DAI and not USDC because DAI is the cypherpunk’s stable USDC is for the suits
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Tayyab - d/acc
@tayyab
This is a great point. But man the lead that Tether and USDC have is insane. It will shift if/when they are forced to censor transactions or freeze balances (which I believe circle can definitely do, unsure about tether)
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✳️ dcposch on daimo
@dcposch.eth
Both of them can and do freeze balances. DAI is going away soon, see maker forum drama re PureDAI/NGT. Context: running a US asset backed stablecoin (maker holds treasuries) without blacklist capability is almost certainly not sustainable
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keccers
@keccers.eth
Well, this is sad. What are we even doing here. We are swapping old suits for new suits and sometimes they are the same suits. Smh man. What a bummer to learn this
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