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Re:MakerDAO’s “DAI” stablecoin is breaking, as predicted by zodiac on Monday January 15, 2018 @09:06PM (#16155224)
Inflation measures USD purchasing power- how do you think that's measured?
Re:MakerDAO’s “DAI” stablecoin is breaking, as predicted by splintercell on Tuesday January 16, 2018 @01:04PM (#16160388)
So your claim is "USD is backed by X", it's just that I can't see the X, so tell me, what is USD backed by, without mounting an assault on the term "backed by". Backing means, some concrete promise or claim. USD has no concrete claim or promise behind it.