Quote from: EdenHazard on Today at 12:30:25 AM

Quote from: diffract on May 12, 2022, 08:56:17 PM

You know what's scary?
TRON and ADA are working on new algorithmic stable coins. Previously we had one and look what it's done, what will happen if we have double trouble? These new projects will have a serious reputation to build up, and whoever attacked UST won't sleep on new algo stables.

Double trouble incoming indeed if they insist to work on TRON / ADA stable coins ... it's proven very poor .. awful and scared concept on what so called stable coin , look where LUNA now , it's worth $0.00008 from hundred dollar within a month , what a scandal! The UST terra blockchain network has officially stopped working now.

This is terrifying moment. Wild crazy crypto!

Luna's lesson is so great, I don't think Tron, Ada or even Near will carry on with this idea. If they still insist on doing it, it's like killing themselves and becoming the next Luna. The Luna crash caused the market to evaporate $600 billion, this is the craziest thing we've ever seen, it's more than the worst thing that happened in 2018. Crypto are crazy and nothing is impossible. I hope newbies will learn from luna's lesson, cryptocurrencies are not a place where we can get rich quickly without risk.