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

in #crypto7 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?

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