Kwon feels like the bitconnect guy - UST Luna drama

https://twitter.com/i/status/1525188254978306051

Unreal. Really this guy is a joke :D

And as far i know this is a straight lie:

In reverse its super funny to read all these Tweets from him and see things like this:

https://twitter.com/i/status/1525255012447813633

But the damage this dude has made is huge. Blowing up the ponzi to levels nobody thinking about into bust it to ZERO.

Regulators will step in sooner or later and will have strict regulations on stablecoins.

The rules will most likely hit exchanges and make it not easy ( or impossible) to trade algo stablecoins there.

Other stable coins can be really difficult to regulate like Tether and friends. because they are already big and "backed" by USD.

Something as long as is secured in some way regulators like. It's not digital Zimbabwe Dollar that takes over :D

I saw on Twitter a reddit thread someone claims to loss 74 Million in this crash with Luna. Fucking hell.

As funny it is with distance, real people losses a lot of their money. Most of them was for sure not smart or educated with crypto.

Like Doge coin gamblers. But holy shit, the 20% advertisement from exchange stacking must have killed so much money we cant imagine.

Most people don't talk about the losses, I expect the 20% save APR with easy access via exchanges has destroyed many lives.

Checking Ryanair for some flight :

Nice mass adoption is here.

ewwwwwwwwwwwww WTF

And some joke at the end:

meanwhile is UST at 0,13$ :D Why not 0? Who knows.