Excellent video, and I commend Bennet's self-restraint. How much richer a field of puns could there be than a stablecoin who's name is pronounced like the word "die" trying to save itself?
I like how crypto has become a fractal kaleidoscope of solutions in search of problems becoming problems in themselves getting further and further away from the idea of currency and blockchain.
very well explained. However I missed the latest crazy po... err harrumph _investment idea_ of Cas, which makes Bennett want to jump out of the window. Big part of why I watch this. 😀
Line your script up with the camera, when it's off to the side we can see your eyes drawn to it. Great content! I hope I'm not being too critical with my tips, I just want to see you folks succeed!
yes people will always to vote to earn more money, but when it comes to earn money or not lose every thing they will chose the latter, i am not saying that thier plan will go smooth and i am also not saying that the plan will never be, all we can do is wait and see
I really like this compact, but super deep dive format. Don't get me wrong I love the banter between Cas and Bennett, but this is also good
Glad you like it! We’re thinking about ways to expand our content and videos like this are one of the things we’re thinking about
Lol that pause before Bennett says "Meta DAO"
I had to steel myself
Haha it's like the "I want to be polite here but I shouldn't" face.
Instead of "MetaDAO," they should call this structure a "ClusterDAO" because...well, you know.
Well to form the MetaDAOs they did actually use a process they named “clustering”
@@CryptoCriticPod of course they did.😂
Excellent video, and I commend Bennet's self-restraint. How much richer a field of puns could there be than a stablecoin who's name is pronounced like the word "die" trying to save itself?
I like how crypto has become a fractal kaleidoscope of solutions in search of problems becoming problems in themselves getting further and further away from the idea of currency and blockchain.
Don't do that, don't give me hope.
Project Pheonix finally revealed :P
Great vid! We need more of these style of vids
Glad to hear it! We’re thinking and testing ways to expand our content and more videos like this is a thing we are considering
What a harebrained scheme. I like the confidence but this is some 5D chess crap.
You know its going to be a serious video when Bennett shows up shaved.
very well explained. However I missed the latest crazy po... err harrumph _investment idea_ of Cas, which makes Bennett want to jump out of the window. Big part of why I watch this. 😀
Yes about that pause at 07:13... priceless.
MetaDAOs are something else
Dai becoming free floating breaks nothing in DeFi. 3CRV, for ex, can function just fine with semi stables rather than perfectly pegged stables
Great video Bennett!
This kind of thing is what keeps me out of crypto.
I never trusted any Defi project at all. It all seems like it's going to come crashing down to me.
Line your script up with the camera, when it's off to the side we can see your eyes drawn to it. Great content! I hope I'm not being too critical with my tips, I just want to see you folks succeed!
Uh have you seen the news on Co-founder? Might be a good follow up video time
What news? 👀
@@TheVirtualObserver he committed heart attack while swimming
Love this format, keep up the good work! Just one thing, the endcut could have been a little bit smoother ;-)
Glad you liked it! We’re experimenting with some new forms of TH-cam exclusive content as an adjunct to the podcast
Thanks!
Well co founder is dead. Thanks for your video
Ty
Even as a supporters of crypto, DAO's have always seemed dumb, and not decentralized at all.
Love the video. The terms they are using for the phases make it sound unprofessional.
👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼
11:44 - wouldn't moving to stEth also accrue value, perhaps even more than investing in treasuries and custodying USDC w/ coinbase?
Exposes you to greater price volatility in Ether which is challenging if you’re interested in keeping stable value
yes people will always to vote to earn more money, but when it comes to earn money or not lose every thing they will chose the latter, i am not saying that thier plan will go smooth and i am also not saying that the plan will never be, all we can do is wait and see
The risk of losing everything has existed since they added PSM, and they’ve continually voted to expand it. We’ve already waited and seen
something i'm not understanding here. were these DAO votes approved? or not yet? what's the status on this if it's known?
The initial set of MIPs was passed
Good kill DeFi. NFTs next.
They really painted themselves into a corner, huh.
Yes
Damn I hope so