Review on Maker by Paul Sletten
https://makerdao.com/ -ETH shaped object. - self-described as Decentralizedโฆ
https://makerdao.com/
-ETH shaped object.
- self-described as Decentralized stable coin
- Fun for the whole family
DYOR
Until the morrow beloveds, #ComeToAlexandria.
๏ปฟ
Pros
- An attempt to use Cryptocurrency concepts to ape the dollar. Unlike other products that will remain nameless and not have any history of wagons, this one is not guaranteed collusion and essentially an inflation play designed to take some of the wind out of the uninformed publics sails on electronic money. Being that only 8 percent of the money in the world actually exists where a person could touch it with their hands, we already do electronic money mostly all day long. We just don't know it yet. This product will increase user knowledge and adoption.
Cons
- National legalities, previously addressed elsewhere. -Fin- With one of the biggest selling points of Bitcoin [ or ethereum, et al] - being nationless - certain products or platforms are subject to existing national laws. Some laws are more favorable than others, some draconian, some ignore it entirely, some nations want to replace their money with crypto right now.
