Terra / LUNA Ecosystem Revival Plan 2

He wants people to pay for his mistakes ....

No it was never a mistake, This was intentional for the fact that someone pointed it out earlier means they are aware there's a loop and they decide to go ahead
 
No it was never a mistake, This was intentional for the fact that someone pointed it out earlier means they are aware there's a loop and they decide to go ahead
You can argue the same for any investor. If any investor knew about the loophole, why did he/she put in money?
 
The main guy behind the LUNA project wants to bring it back in a different form:
https://agora.terra.money/t/terra-ecosystem-revival-plan-2/18498
Here's a link to his twitter thread:

Any thoughts?
It just won't work. Stablecoin is built upon trust by public. This trust is lost FOREVER by Luna project team, ultimately Luna is part of the ecosystem of Terra. Unless a reputable third party is wiling to step in and stake his/ her reputation on this project along with heavy money invested as well as a colourful growth story.
 
My thoughts is Do Kwon is fucked. Former Terra employees say he was behind the failed stablecoin Basis Cash. Then he went onto Terra/LUNA which failed. Now you think his latest project will work? That folks will trust it? He's tarnished. No one will trust him. Why would you? Because you got hope? That ain't smart. LUNA2.0 to zero o_O
 
So many people lost so much already. Stay away.
 
He is not someone people will take seriously. He will just run away with whatever he got.
 
Back
Top