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The fact that everyone's first answer when prompted "how do we wind down this huge pile of cryptocurrency?" is convert it to fiat makes me skeptical on all the
by skeeter2020 5y ago
The fact that everyone's first answer when prompted "how do we wind down this huge pile of cryptocurrency?" is convert it to fiat makes me skeptical on all the long-term ambitions from promoters.
- intotheabyss 5y agoWell you could take the ETH and stake in the beaconchain and get 8% more ETH per year (depending on staking rates). Or you could use the ETH to get a loan in DAI on Compound or Maker. Or you cn buy synthetic assets like stocks on Synthetix. Plenty of things to do in the Ethereum ecosystem.