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It's another instrument (like lotteries) whose main value is to make money for the founders. That has a use, yes, but if you're outside of that system I'm not s
by aaron-lebo 8y ago
It's another instrument (like lotteries) whose main value is to make money for the founders. That has a use, yes, but if you're outside of that system I'm not sure the mainstream value is that great.
I can tell you that the team is the least diverse (not just race/gender but in age/possible life experience) I've ever seen, which doesn't bode well. How different can their perspectives be?
https://makerdao.com/team/ https://makerdao.com/team/
The vast majority of those apps are cheap moneymaking schemes. Again, they have a place, but I'll very much take a wait and see approach, which I believe is realistic and more than warranted.
- chamza 8y agoDai is a stable cryptocurrency, not a speculative money making scheme, since it's purpose is to be stable. A decentralized stablecoin is an enormous use case.
- tuesdayrain 8y agoI'm not seeing why race/gender/age are relevant. These are all superficially diverse things that don't actually say anything about diversity of perspectives, unless you believe that people who belong to the same group also have similar thoughts.