Is everyone here as high on Basis as VCs seem to be? https://techcrunch.com/2018/04/18/basis-a-year-old-startup-thats-building-a-price-stable-cryptocurrency-just-raised-133-million-from-top-investors/
I'm high on something but I don't think it's basis
Sounds similar to MakerDAO. There's demand for stablecoins, but getting one to work is the hard problem.
The idea seems dumb but the backers are some big names
So it’s pegged to the dollar but is not the dollar. Cool. What happens when my Basis coin wallet gets stolen?