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what did I miss?

Usdc burning to the ground making $DAI unpeg.

The fiat system is coming to an end.

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oh yeah that one lol. I never thought that was a real coin until now. How exactly does that work?

Emergency FED Meeting Monday. 🍿

For real?

Brrrrrrr

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MakerDao's Dai stablecoin is primarily backed by USDC and Ethereum and is further supported by smart contracts.

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So it’s garbage then!

🎯

You sound just like the fiat people saying that Crypto is coming to an end.

Only Bitcoin matters. “Crypto” is just stupid, pointless, and filled with bullshit.

I think you are right. Is ETH bad now?

Always has been

It used to be called the safer BTC

That has never been the case. It was always a security. That and the whole pre-mine thing.

The Bitcoin maxis are the intelligent adults in the room

Yeah, I think that was before people realized that nothing needs to be on blockchain except money if the blockchain needs the state

What was the tech side of it? I only knew about .eth domains but not sure how it ties to crypto

(I should have said that if a blockchain needs the state, then even money doesn’t need to be on it, just use state servers without the blockchain)