floatcoins

/floatcoins32

I don't think people fully grasp how incredible the Dencun hardfork is.
It's another step towards Ethereum truly being money and a store of value.

Let me explain.
Think past Dencun and into the far future

Eth is money

IYKYK
For clarity I got the term floatcoin from Will Stahl of Denom
Looks like it’s not updating with the most recent posts
News about @letsgethai

If the governance vote passes the protocol with the following Debt Ceilings:

- wETH at $25M
- wStETH at $25M
- OP at $5M.

Together, these add to $55M of total possible global debt.

The DAO believes wETH and wStETH are sufficiently liquid markets and deserve a healthy debt capacity.
The based experiment could be extracted into how to build an MMT UBI system with a rebasing currency.

It failed, but lots was learned.
In all honesty boarders are like a thing of the past man, we need solutions that’s boarder-less and can actually be used for p2p settlement

Tether hit 100B im volume and most of that is in Tron serving the global south for p2p settlement of sub $1000

But one raid and its over
The future isn’t stable to usd it’s stable to itself you know what I mean?
RAI HAI Denom and other free floating “floatcoins”