Do we have a choice? DAI

[MishaSER]

These are just thoughts.))

I have a feeling that there is a secret conspiracy to prevent humanity from using their cryptocurrency funds anonymously. And what Satoshi Nakamoto really wanted to say, could he have foreseen that his brainchild would be used in the manipulation of the consciousness of a million people. I understand that there are many scammers and this is the main reason. But really there is no choice. We are now watching the situation as big companies are buying up a lot of bitcoins, which in the future will lead to a large deficit and centralization. It seems that the state no longer exists, there is a banking system, a mega-corporation and social networks.

An interesting conspiracy that you're thinking. We cannot stop the large corporations to be adopting cryptocurrencies, once upon a time, the early crypto people have been dreaming of it before. And today that they're already on our side, I don't think that it should be still thought of it.
They have their own agendas and we have our own. They'll just rely on what the community would like to do and if they'll have their own move, it's just all about their companies making their entries profitable.

You are saying that the community is happy that cryptocurrency has reached such heights. And now that the goal has been achieved let it go its own way.

Guys, I see a lot of comments, I will try to answer everyone how there will be a free minute.

[zasad@]

There are many reasons why people don't really use DAI tokens.
1. it is less stable has compared to other centralised stable coins like USDT, USDC BUSD etc
2. It  has low market cap, look at the amount of trading volume USDT had yesterday, DAI can not sustain that level yet and with
    better adoption and trust level the marketcap should increase.
3. It is tied to Cryptocurrencies and we all know how volatile the space is, if the price of Ether used as collateral dump like 20% to
    30% a lot of these depth will be called and close.

The team is working on ways to grow it pie but will take time and trust

DAI tokens passed stress test. At the beginning of 2020, the price of Ethereum dropped to $ 115. Defi investors have lost their collateral because they did not manage to increase them.
But the DAI token is traded successfully and generates more trust.
Nobody knows how the conflict between USDT and SEC will end.
Stableloins-backed on-chain is much more reliable now than Stableloins-backed off-chain

[disconnectme]

I don't think this is the fault of the developers, it is what the market want, if the market demands USDT, you get it to them, it doesn't make sense to try to sell what people do not want to them. I personally do not think I have made any trade against DAI stable coins before, but I have done against, USDT, USDC and BUSD

[tbct_mt2]

There are many reasons why people don't really use DAI tokens.
1. it is less stable has compared to other centralised stable coins like USDT, USDC BUSD etc
2. It  has low market cap, look at the amount of trading volume USDT had yesterday, DAI can not sustain that level yet and with
    better adoption and trust level the marketcap should increase.
3. It is tied to Cryptocurrencies and we all know how volatile the space is, if the price of Ether used as collateral dump like 20% to
    30% a lot of these depth will be called and close.

1. It can be true but as a stable coin, the price of DAI will fluctuate around the reference price at $1 for one DAI. If you are not in a super hurry and wait for few days, you don't get any loss with your DAI. You will have opportunity to cash your DAI amount to $ at the rate 1:1.

2. I strongly believe that there are not many people have real problems with liquidity of trading pairs with DAI on big exchanges. It is both the trading volume of coins and the amount is traded by one person. Not all of us are whales or have big capital to get troubles with trading. The real issue is the spread can affect your trades. The lower the volume is, the higher spread can exist.

3. You have trust in companies, governments when you join the centralization parties.