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Re:Dapps by hudon on Wednesday April 11, 2018 @11:15AM (#16811939)
What about using the USD? And using insurance/lending/prediction markets that use the USD?
Re:Dapps by fiatjaf on Wednesday April 11, 2018 @01:35PM (#16813451)
USD is not the ideal currency in terms of value stability. I know nothing about Dai, but if it works, its technology could be expanded to other, more material, more reliable assets than USD, and that would be great.
Re:Dapps by fiatjaf on Wednesday April 11, 2018 @01:34PM (#16813444)
USD can't be sent over the wire without the approval of and fees paid to banking institutions, with which both parties must be previously related and approved by.