40 - MakerDAO vs. Bitcoin II
Mar 26, 2019•1 hr 1 min
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Episode description
MakerDAO has recently raised the Stability Fee to 7.5%, causing a lot of drama and FUD in the space.
David attempts to convey the points that people seem to miss when they criticize the high stability fee.
David and Christian have gotten nippy on Twitter as well, so they go and address some of the topics of conversation that have arisen in the last two weeks.
TOPICS OF CONVERSATION.
Maker Stability Fee = 7.5%
People upset at the high cost of a CDP
Primary role of MakerDAO is that DAI = 1$
Unique market dynamics of the current Maker ecosystem
On-Chain voting and voter participation
CDPs:Miners::Ethereum:Bitcoin
Social-engineering attacks for both Bitcoin and Maker
Mental states of blockchains
Bitcoin being under attack
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