FI777A

Yoloconomist

[FI777A @Fi777A]

@cyber_porter I'm interested

[Stefan @0xstef_]

JUST IN: @laurashin talked to co-founder of Terraform Labs @stablekwon - here is what Do Kwon had to say about his current situation, and what happened during the Terra Luna crash in May of 2022 ⬇️

[FI777A @Fi777A]

Couldn't agree more!

[Jack Niewold 🫡 @JackNiewold]

Crypto is reaching a breaking point, and it has nothing to do with the Fed, Celsius, jpegs, or DeFi.

It's us.

We, the users, are destroying crypto.

Let me explain:

[db @tier10k]

https://t.co/GXazQA99W0

[Jack Niewold 🫡 @JackNiewold]

We look at peak bull euphoria and see it as irrational, short-lived crowdthink.

Eventually we will look at the bearishness of today and see it in the same way.

Focus on seeing the reality, has your investment thesis really been invalidated?

It will turn around.

Eventually.

[FI777A @Fi777A]

@CryptoHarry_ @yumadbrah Humble ramen for me

[FI777A @Fi777A]

@Trumpery45 @mishimamode @WestieCapital @lejimmy Shit... You got a point.

[FI777A @Fi777A]

@SmartStake How is 1bn mcap of luna going to restore the peg and make sure that possibly 8bn mcap of UST can be freely moved and as an exit if holders wished?

[FI777A @Fi777A]

@mishimamode @WestieCapital @lejimmy To me that sounds like when luna mcap is depleted which should be tomorrow. LFG has no further means of steering the situation, am I right or wrong?

[FI777A @Fi777A]

@WestieCapital @lejimmy I'm gutted for everybody...but I'd like to sneak in a question here...how are 1bn mcap of luna going to restore the ust peg to 1 with possibly 8bn mcap of exit liquidity waiting for the peg? Does that make sense to ya'll?

[FI777A @Fi777A]

@Zubair2306 @TerraBitesPod Thank you very much. Do you have a source for this information?

[FI777A @Fi777A]

@djr357 @Cryptocito Put up

[FI777A @Fi777A]

@djr357 @Cryptocito So assets have to be put externally. Assets we do not know about just yet or am I missing something?

[FI777A @Fi777A]

@zGuz How can the ust peg be restored if lunas market cap goes to zero? Ust has a mcap of 8bn and luna 1bn. What happens when luna mcap is depleted?

[FI777A @Fi777A]

@TeamKujira How can the ust peg be restored if lunas market cap goes to zero? Ust has a mcap of 8bn and luna 1bn. What happens when luna mcap is depleted?

[FI777A @Fi777A]

@aguyabroad @Cryptocito How can the ust peg be restored if lunas market cap goes to zero? Ust has a mcap of 8bn and luna 1bn. What happens when luna mcap is depleted?

[FI777A @Fi777A]

@costapanayioti2 @JiachengLu5 @TerraBitesPod How can the ust peg be restored if lunas market cap goes to zero? Ust has a mcap of 8bn and luna 1bn. What happens when luna mcap is depleted?

[FI777A @Fi777A]

@BernadetteMado2 @TerraBitesPod How can the ust peg be restored if lunas market cap goes to zero? Ust has a mcap of 8bn and luna 1bn. What happens when luna mcap is depleted?