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/biz/ - Business & Finance

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17844587 No.17844587 [Reply] [Original]

If DeFi survives this week - ie. as long as lenders in compound, dydx, and dai holders don't lose anything - ethereum becomes the biggest winner of this crash, confirming DeFi as a decentralized safe haven for wealth.
Anytime someone asks how risky it is, he could be pointed to the current crashes and told no person storing wealth lost anything.

Bitcoin is the biggest loser, the safe haven and digital gold meme is now a joke and nothing can revert the damage.

>> No.17844616

*buys eth for $0*

>> No.17844620

Lol no dude it will be a race to the bottom for all assets this week

Welcome to a recession

>> No.17844648

>>17844587

lmao are you fucking blind?

>> No.17844666

>>17844616
those people were margin long on eth.

>> No.17844795
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17844795

*DAI keeps USD value
*Not subject to bail-ins

>> No.17844838
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17844838

>>17844666
>Premined 72,000,000 tokens
>rolled the chain back when they lost a couple million of them
was it?

>> No.17844865

>>17844838
cope.
also, the chain wasn't "rolled back". It was a hard fork that changed one contract.

>> No.17844915

>>17844838
If you don’t like the post-DAO fork, then Ethereum Classic might be right for you. The majority went along with the Foundation. This is such pathetic FUD.

>> No.17844924

>>17844865
>>17844915
cope

>> No.17844975

>>17844924
cope - what? As long as DeFi holds I'm earning good interest on DAI.

>> No.17845235

Shitcoin