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@khaleelkazi
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DAI is one of the most interesting ones out there. There are other risks outside of centralization risks that are carried with other coins - i.e. USDT. Instead, DAI is protocol-driven and not entirely decentralized, but much more so than others.
I don't trust any stablecoins to be completely honest and I also don't see much of a point in holding any signficant value in a stable coin (for someone in my position) outside of temporarily when I'm in between Bitcoin buying opportunities.
Holding BTC is my "stable coin". It's the thing I hold on to and expect to not only hold its value, but increase over the long haul. That said, I still see the value in crypto-backed loans and other use cases like the DAI ecosystem.
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