For some perspective on days like this, the current market cap of the entire crypto industry is roughly equal to only the world’s the 5th largest company, Amazon.
@VitalikButerin@pujaohlhaver @shreyjaineth It doesn't make a lot of sense to use blockchains in non-financial transactions, data storage etc. Remember the medical images on Blockchain. Noo. Blockchains are hard to scale and expensive. Should introduce people to database tech.
Where to use a blockchain in non-financial applications?
https://t.co/T6jlAzCvew
Big thanks to @pujaohlhaver @shreyjaineth for review! You should also check what they have to say; they have some unique important perspectives that are beyond the scope of this post.
🧵 Some of you thought $80m per month was bad. That's nothing. Here's how Do Kwon cashed out $2.7 billion (33 x $80m!) over the span of mere months thanks to Degenbox: the perfect mechanism to drain liquidity out of the LUNA & UST system and into hard money like USDT. (1/13)
Caught. The 'mystery' wallet with a 20M LUNA airdrop that was voting on Do's own proposal, delegating to North Star, insider trading ASTRO, etc. - it is officially confirmed that it belongs to Do Kwon himself. (1/3)
So, I would like to thank everyone who has spoken up thus far, from the bottom of my heart. To those out there who have crucial pieces of the truth - don't be afraid - you will be kept safe, and you will be taken care of, even if you were involved. (4/5)
Getting a bunch of DMs about this, so:
- I am not affiliated with the 'FATMAN' token on Astroport
- I will never release a token in my life, so all tokens with my name are not by me
- There's a fair chance the owner will rug liquidity, so get out while you still have a chance to
The family office of billionaires Cameron and Tyler Winklevoss will serve as a test case for the staying power of crypto startups.
The 40-year-old twins have stakes in about 50 crypto or blockchain startups, according to portfolios they’ve posted online https://t.co/rP4XjcW4YW
@stablekwon So Do Scum, ripped off the ust/luna community and now wants to launch a new blockchain so he can give himself loads of tokens and do it again. What an aszhat.