MakerDAO, criticized, but required.

Interestingly, there has been the past few months a growth, in terms of the amount of people starting to "hate" MakerDAO, or at least to criticize it. This, from the Synthetix community for example, but also from other people in the broader ecosystem.

While I'm not a fan of MakerDAO, mainly because it has become a slow organization with more and more bureaucracy and there isn't a clear roadmap for DAI adoption and development, I have invested in Maker. This may seem crazy, but it isn't, at least in my opinion.

There are multiple ways of viewing the MakerDAO case, and while I have had many doubts in the past regarding the project (and I still have), there is always one argument which beats them all. And that argument is that for the DeFi space to survive, and grow, DAI is needed. They can't do otherwise. They need MakerDAO. There is currently no reliable, decentralized and scalable alternative to MakerDAO.

So you can think what you want of MakerDAO, but DeFi is dependent of DAI, and that's precisely the reason why it's here to stay in my opinion, at least in the near future.


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