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What about using the USD? And using insurance/lending/prediction markets that use the USD?
by hudon 9y ago
What about using the USD? And using insurance/lending/prediction markets that use the USD?
- fiatjaf 9y agoUSD can't be sent over the wire without the approval of and fees paid to banking institutions, with which both parties must be previously related and approved by.
- fiatjaf 9y agoUSD is not the ideal currency in terms of value stability. I know nothing about Dai, but if it works, its technology could be expanded to other, more material, more reliable assets than USD, and that would be great.