[disruptalot]

Everything in the universe is built on something else. Let's speak the facts, can you demonstrate how DAI has been knocked off the peg substantially and with serious effects? Even with a reach should we find a an hour in history where it did wander more than 2-3%%, that by no means discounts it from the service that it provides in the rest of it's history.

> Of course there are middlemen, it's the validators or miners and contract authors and liquidity providers. There's a ton of middle men.

It's absurd to equate these entities with middlemen in the same sense as central banks and retail/investment banks are middlemen to loans. Again, let's speak the facts, demonstrate in DAIs history:

Where did a validator or miner, deny or cheat a loan? Plenty of examples in traditional finance.

Where did the contract authors or liquidity provides exercise power over the protocol that substantively affected the users of the protocol where it was not transparent and went against the rules which the users signed up for? The same happens all the time with tradfi.