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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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Thomas Mattimore
@mattimost.eth
Defi use makes sense. Terrible asset to borrow. Treasuries not using doesn’t make sense imo
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