Beanie
Dunno why I gotta to say this, but Do Kwon is no hero. He had bad intentions from day 1. I called...
147 days agoBeaniebeaniemaxi
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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The post highlights early concerns about Luna (now LUNC and USTC) being a "complex ponzi" as early as 2021, suggesting that its collapse was foreseeable to some. This serves as a cautionary tale about due diligence in crypto, particularly for projects with unsustainable mechanics like Terra/Luna and its associated stablecoin UST. Investors should be wary of projects that "don't make sense" and consider the warnings of experienced analysts.

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Beanie

Beanie

By beaniemaxi

Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.