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Monteluna
@monteluna
The PID controller designed floatcoins are better than holding flat dollars, since purchasing power is down 20% from 2020. TAI seems to be a spiritual successor to RAI, but I'm not sure if there's any market appetite to use floats considering the people want fixed par to the USD despite inflation.
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Monteluna
@monteluna
If people did buy RAI since 2020, they would have protected their purchasing power versus inflation. Why are floatcoins so underutilized in crypto banking? No defi applications use it. No treasuries use it.
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Tonyp
@tonyp
I think the tough part of this model is finding people that would rather be short a valid store of value than the dollar. Inflation benefits borrowers. Maybe a protocol that used f(x)-style tranches would be better for a flatcoin.
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Jayeharrill.eth
@ferns
Not enough people are talking about this
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adcv
@adcv
it's such an esoteric value proposition, it's difficult to explain to people. I have this idea that RAI would be a better Chairman of the Federal Reserve than the person in charge now, but as a standalone product will struggle to find adoption
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