Bitcoin or altcoins doesn't replace fiat, so it will not eliminate credit and debit cards. Maybe credit and debit cards will be eliminated when CBDC has been widely adopted. To be honest we already can live with cashless society now, you only need a smartphone installed of your mobile banking application or your local e-money. You only need to scan barcode to pay anything, it's cashless.
Alright, thanks for the information, maybe I'll give it a try. 😀
Terra just have its version 2, Luna and the old Luna will become Luna Classic.
With the new chain, no UST. With the old chain, UST is still there.
No buy back and burn for UST. Terra stop over minting new Luna Classic but without buy back and burn, price will not be able to recover.
LUNA 2.0 is a shitshow in my opinion.
Still not sure, maybe when Luna was still v.1 everything was burned, but we don't know what will happen in Luna Classic V 2.0, hopefully everything will be fine.
MEXC exchange already officially announce and do buy back and burn daily from Luna Classic trading fee on their exchange. Will Binance do the same for their users, for their community with many members, users lose money in Luna Classic.