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I was having a discussion about this, and it's a fascinating moral question. Do Kwon created a machine that would implode eventually if built up on a foundation of gross impropriety. The peg attacker kick-started the collapse and actively ruined lives, but sped up the process.
(The thought from @FreddieRaynolds that led me to ponder this: what if this attack happened five years from now, when the blowout would have been far bigger? To some extent, both parties are to blame for all of this, but who more? The attacker is morally bankrupt either way IMO.)
Is this "attacker" in the room with us right now?
Mr. @fatmanTerra : all must return money to their owners at the price of buying them before it is too late and all back to History of exchange
The attacker is punishing a system that's exploitable and I wished he did it sooner, so less money was lost. It's evil to build the system to ruin peoples savings in the first place imo.
The so called "attacker" was simply trading, the LUNA-UST system was too fragile against whale moves. Can't blame the "attacker" here IMO.
True - I do see this - it's genuinely super interesting, because the attacker knew they would destroy lives and rob people of their savings, but there is a compelling argument to be made that they were doing potential future users a favour.
The attacker could have made their point without hurting investors.
Ok, but there are other ways to have managed this like a short mechanism
now imagine you have all that luna lying around, everyone’s talking about it and talking about burning it. does the ecosystem actually end up growing? i think yes. unintended consequences.
Let's wait
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