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

The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

katherinechampagne.com 

Is Dai still mostly USDC through the PSM?

Policy Communications at Consensys; Ex-Circle Strategy, Crypto Startup Advisor. Snibbmaster.base.eth

I know Vitalik is really interested in RAI but that’s not pegged. Ethena may be closer to what we want since it’s supposedly stable but backed by ETH longs and shorts.

@mikedemarais.eth got really excited about HAI too but I am too dumb to speak to it in detail 

I am open to any of the options in the -AI universe really

Funny enough, this was always my complaint with the sound money idea. Yeah you can always use a stablecoin for debt money, but as long as you need ETH for gas and purchases, it’s not gonna work if it’s deflationary.