I loom ominously over San Francisco throughout the year, slowly sucking your shitcoins up into my dense, foggy mass before I retreat to sea and store my stash.
San Francisco
Joined August 2013
- Tweets4.7K
- Following842
- Followers871
- Likes20.8K
Yes, 30% APY *is* too good to be true for an algo stable coin. No, it’s not “risk-free.” Apparently we’ve learned nothing from other algo failures.
And who else but @justinsuntron to step up to the plate at this time, just after $UST ($USTC) implodes…
medium.com/@jacobvan/usdd-is…
The new #LUNAismorethanUST #TerraIsMoreThanUST narrative has already succeeded so… I assume you’ll turn off the “BURN” bots now? Like ASAP 🙄 k thx
2
5
Wtf even is this conversation 🤣 Normies’ Intro to Crypto 101?
“Nobody even onboarded us!…My husband pursued the NFT path and I pursued the DeFi path…”
wut 😦 teapaw.org/i/spaces/1dRJZlONwAMKB
2
Crypto Karl the Fog retweeted
So many billions, all the time in the world now, the most brilliant minds from "Bosford university" and no one came up with a post mortem and a strategic study that could eventually conclude that Terra without UST was still worth XX and a sound business case to be proposed.
Crypto Karl the Fog retweeted
🧵👇 Do Kwon and Terraform Labs defrauded the retail public of hundreds of millions of dollars *that they currently still have*. It came out of the pockets of LUNA & UST holders and went into their wallets.
Here's why you should be mad, and here's what you can do about it. 🧵👇
One of the only people making any sensible points and recommendations right now:
🧵👇 A compilation of why I believe Do Kwon is, at some level, personally responsible for the UST machine and owes something to people who lost millions in savings.
Not all the blame falls on him but these factors should be factored in ethically, morally, and legally. 🧵👇
1
2
Crypto Karl the Fog retweeted
Love CZ pretending to know nothing about terra
binance.com/en/blog/all/bina…
Crypto Karl the Fog retweeted
2) As painful at it is, investments always come with risk, like the two sides of a coin. If investors deserve a “refund” when a investment goes bad, does that mean they should give back some of the profit when it succeeds? Nope. That is not how investments work.
Crypto Karl the Fog retweeted
Now I'm sure @terra_money is under heavily attack... whoever is carrying this attack knows Tendermint* well and it's currently smashing the infrastructure increasing the financial damage. Someone must be really really mad.
Crypto Karl the Fog retweeted
We’re here, believing that crypto will rally around this, as it’s the first major malicious shot fired by corrupt oligarchs and their cronies.
We’re here knowing that the funds which are not corrupt will want this attack to fail and $UST to survive.
2/5