28 ms·
There is also the point that once trust in this ecosystem erodes, there will be tremendous pressure on Luna as people try to get rid of both their Luna and thei
by Scarblac 4y ago
There is also the point that once trust in this ecosystem erodes, there will be tremendous pressure on Luna as people try to get rid of both their Luna and their Terra, and whatever you did to achieve 7 may just suddenly disappear. The spiral that's happening now.
And what coins do is in effect marketing for all other coins. If one stablecoin crashes, trust in others will erode.