First appearance This time we discuss black swans, USDC, and my recent article about MakerDao. You can find show notes and links to the show here.
I wrote a piece about Dai in which I suggested it was vulnerable to certain black swan events that I felt were not being given appropriate consideration. I do still feel that those are accurate opinions, however, I have also come to appreciate more of the ethos surrounding Dai. Contents: Why Dai?What's Dai?How does Dai … Continue reading Dai and MKR: So Close
Note: This is an old post with some minor flaws, I am posting it here in protest of Medium. This post is prompted by something interesting I have noted in the cryptocurrency space, namely that there has been a significant proliferation of so called “stablecoins.” Besides the proliferation there has also been recent VC investment into … Continue reading How Does a Stablecoin Make Money?