It’s no secret, I am a big fan of stablecoins. I was really heavy into DGD, but I took disgusting profits from it’s rise later on. Enough profits that my remaining position is free and I pocketed profits just from what I sold.
I have used Maker to leverage, it was a terrible experience.
I’m still a fan of DGD for its goal, though as an investment, it’s thesis is getting weaker and it is struggling to gain traction and adoption.
The article is an excellent read and I’m rather happy that the author concludes rather similar things that I have earlier myself independently come to conclude.
In short notes, my interpretation of some of his key points:
– Centralized stablecoins are easy, but stupid and goes against …