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@LexyGavinPoker Never force a Rec to show if they are visibly uncomfortable to do so and you know you’ve won. Regs, particularly dick regs, I wanna see both.
@TP_TerraPoker The mistake here was allowing only 1 card in the hand to count.
Most jackpots require both hole cards to be active to qualify
Lesson for later events I suppose
@ClassyCrypto_ Classic updated their core....gave TFL literally less than a day to update infrastructure. The current outage is due to poor practise by the current classic team xD
@bencb789 Great thread!
Interested how you would approach a similar spot but with limps rather than an open and 2-4 callers for eg.
This arguably happens more often so would be intrigued
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Imagine building the most decentralised stable on the market, at the brink of mass adoption and safety, having that stable collapse, proving you did everything to try and save it, and apologising to investors….and still being labelled a rugpull/criminal
@stablekwon ❤️
@rasatsu@benjamincowen I do agree with you on this....reserves...particularly external reserves mainly in the form of Axax and BTC was crucial to the success of UST long term,
We were mere weeks away, days even from this being a coded part of the UST pegging mechanism before it collapsed...suspicious
Wish people would stop lobbing Terra in with these 2🤦♂️
Celcius and Ftx actively lied to users about how their platforms functioned….UST was an idea that didn’t work (most likely due to external parties) but the risks were openly known.
Something not working does not = fraud
Also, these events (Celsius, Luna, FTX, etc.) are not black swans.
They are simply the artifact of tighter monetary policy exposing those who were leveraged with their clients’ money.
This stuff happens in bear markets. Calling it a black swan is just an excuse
@rasatsu@benjamincowen Sigh*
Mktcap had no bearing on the Luna/UST relationship, so long as there were market makers around UST could've have 10x the mktcap of Luna and the relationship wouldve been fine
@benjamincowen It was never claimed to be sustainable. Everyone who was paying attention to the goings on knew it would have to lower overtime, and it was.
Where the yield came from was openly shown, tfl funded at the end.
Things I know wouldve been done differently with hindsight, not a scam
@benjamincowen And I think having that opinion is fine, I don't agree but sure I see how someone from the outside could see it that way.
Comparing what happened with Terra to the blatantly criminal actions taken by the others isn't fair and only places less emphasis on the criminality of FTX