@garydunion Gary - take your white guilt somewhere else, this is not a race related issue, stop making it one. Iโd like to see how you fare with a +6ft psychotic man on Chelsea Bridge with a screwdriver, or even without one.
@DouglasKMurray. I think we all know what the next analysis video can be now. We have crystal clear video evidence of the man that sadly died evading police on Chelsea Bridge and there are people trying to sell the incident as racially motivated. This is beyond absurd.
@itsjacksonbbz It is absolutely absurd that despite the evidence of a video you are race bating what happened. We now live in a world where there is uninterrupted crystal clear video evidence and it can be sold as a racially motivated incident. Itโs absurd.
1/ Iโve spent the last few days on the phone calling Terra community members โ builders, community members, employees, friends and family, that have been devastated by UST depegging.
I am heartbroken about the pain my invention has brought on all of you.
@stablekwon Bless you Do, I know what it all meant to you and I admire your flair, charisma and revolutionary style of thinking. Iโm sure youโll go on to do great things. You gave me and some friends a great focus for the past 12 months or so and some great highs. Hope youโre OK ๐
$LUNA โtics, I hope youโre all OK. It was a hell of a ride. I wonโt forget the pumps and the community. I will keep DCAโing $ETH, $BTC in the bear market and see what Alts are looking good when we start seeing an uptrend. Peace out โ๏ธ โฎ๏ธ. Thanks for the memories @stablekwon
Now that leverage in system is gone, Iโm just holding remaining ust till on chain peg is restored. Time? Weeks? Then decide what to do. Gotta wait till all exiting from anchor are done whenever that is. Defi is generally in danger, the vectors affect more than ust.
So let me get this straight: liquid investment choices are either: (1) hold cash that is facing 10%+ inflation, (2) own stocks that go down 10% every day, (3) own tokens that go down 20%+ every day or (4) hold stablecoins that aren't stable and can be down 40% in a day
My predictions:
- $UST will regain peg (it may take days or weeks)
- We will mint a LOT of $LUNA in the process as $UST mcap shrinks
- $LUNA price will suffer
- Confidence in $UST knocked short/medium term
- Builders gonna keep building
DeFi needs decentralised money ๐ค๐ป