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Basecoin, aka the Basis Protocol
See also Bitshares: Don’t walk away – run, Stablecoins are doomed to fail, Stablecoins are doomed to fail, part II, and Stablecoins are doomed to fail, part III. UPDATE, 4/18/18 –…
Preston Byrne
Byrne & Storm’s clients include consumer tech businesses with millions of users. The firm focuses on companies in crypto, social media, and AI.
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2
MakerDAO’s “DAI” stablecoin is breaking, as predicted
Background This is a follow-up from an earlier post, “Stablecoins are doomed to fail,” from December 10th. I’ll keep this one short. Long have I been a critic of the “stable…