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/biz/ - Business & Finance

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56745704 No.56745704 [Reply] [Original]

Even though DAI can't be frozen right now, can such a function be programatically added in the future?

>> No.56745839

Stable coins and things like Monero are currency

NOT money

You should only use them for short term exchanges

NEVER EVER EVER hold large amounts of money in centralized stables

>> No.56745848

>>56745839
>NEVER EVER EVER hold large amounts of money in centralized stables
*if you're a criminal filth

>> No.56745916

>>56745848
Hi Mr. Steinbergsilvergoldbergsteinusurylawyerkike

>> No.56745925

DAI is more than 50% backed by USDC. They could freeze it if they wanted.

>> No.56745952
File: 2.72 MB, 3642x2312, 180118-litecoin.jpg [View same] [iqdb] [saucenao] [google]
56745952

All lit up.
>lmao, Litecoin!?
1. The American government has zero issue with LTC (unlike USDT)
2. It will be $55-80... forever. (Stable, like USDT)
3. It's cheap, almost free to send and hold (like USDT)
4. It's accepted as a form of payment all over the internet (unlike USDT)
5. You're gay (like USDT and other pro-terrorism payment methods)

>> No.56745981

>>56745952
>55-80
gay. rather hold doge and never see it go below 7 cents.
>>56745839
is paxgold a bad idea?

>> No.56746040
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56746040

>>56745704
Not your chain not your tokens. If you haven't forked Bitcoin and are running your own nodes on an on-premise self hosted data center in your garage then it's just fake money.

>> No.56746080

>>56745704
Isn't Blackrock invested in Circle (USDC)?
There you got your answer

>>56745839
Looked at the XMR chart yesterday and though to myself that it looks very stable price wise. Crazy how those things work when people are actually using it to pay for (the good) stuff

>> No.56746207

>>56745704
Cardano solves this

>> No.56746541

>>56745981
Wasnt Pax the people behind BUSD? I wouldnt fuck with it, id just hold real gold but Pax does seem to jump when the gov says so, so if something did happen you may get a window to cash out

>>56746080
Yeah and btw I love Monero but its not really something you hodl. Its a brilliant project that knows its use cases

>> No.56747978
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56747978

Been trading on kinetix using liquid usdt and literally nothing wrong has happened. What does this actually mean then? Any exchanges besides OKX in trouble?

>> No.56747986

>>56746040
That sounds extremely time consuming and autistic. I'd rather just buy/sell in short periods of time.

>> No.56747989

>>56746040
cold wallet. problem solved.

>> No.56747996
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56747996

>>56747978
It's a nothingburger these investigations never go anywhere. If you can switch to DAI do it but I wouldn't worry much about it.

>> No.56748001

>>56745952
>55-80
>stable
Is this bait because if so really good job I actually think you are a fucking retard for that one

>> No.56748013

>>56745848
Glowie.

>> No.56748014
File: 706 KB, 1440x1440, 1692138502396171.jpg [View same] [iqdb] [saucenao] [google]
56748014

>>56747978
i can also move money around gate no problem so i dont really care

>> No.56748018

>>56747978
USDC is 100% american approved so their filthy jewish claws can't touch it. Just do ze switch already.

>> No.56748035

>>56747978
Do you have an average or estimate of how much gas you used?

>> No.56748041
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56748041

>>56745704
"DAI" that name makes me feel quite sad.

>> No.56748056

>>56746080
Who would have thought that to maintain a market you would have to invest in it...