In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
The big difference between Dai; and solutions like Ripple (XRP), is that it uses a decentralized platform to peg the cryptocurrency price to the dollar. The key to Dai’s stability is a special smart contract called a Collateralized Debt Position (CDP).
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Basically, electric cars are not only competitive with fossil fuel-powered vehicles, they exceed them, which means electricity could be the fuel of choice for the auto industry within a few years. The only thing keeping electric vehicles from being widely adopted is cost, which should fall as production increases.
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