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re: Why bitcoin is worse than a Madoff-style Ponzi scheme

Posted on 12/26/21 at 8:02 pm to
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43316 posts
Posted on 12/26/21 at 8:02 pm to
quote:

Regulators are coming in hot for stablecoins and in the future only FDIC institutions are likely to issue them, IMO


This is why I'm excited for the $RAI stablecoin project. A truly decentralized, ETH-backed stablecoin. It's not tied to any fiat, it's just designed to mint and burn and all kinds of fancy algorithmic stuff to keep a stable price.

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