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Why do you stand by a failed project that has caused the #crypto world so much pain? I understand "redemption" for those who were affected, but #Luna has proven it's NOT trustworthy This is a liability to anyone who supports it.

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Jesse Powell

@jespow

· May 27

We might be in for some

fireworks when the @terra_money 2.0 markets go live. Some exchanges are reassigning the $LUNA ticker from Terra Classic to be used for Terra 2.0. Is it enough notice for API traders/bots? Complicated by #LUNA continuing to be used for Classic by others. twitter.com/krakenfx/statu…

Jesse Powell

@jespow

Replying to

@DanielHusseyJr

The US dollar has proven not trustworthy, failed at holding purchasing power, and has cost the world tremendous pain. It is a liability to anyone who supports it. Should we delist USD? The model is fatally flawed and it's only a matter of time before it completely implodes.

8:21 AM · May 28, 2022Twitter Web App

Replying to

I hadnt realized the USD collapsed in less than 12 hours to loose 99.999% of value leaving all it's stakeholders with nothing, literally overnight. This isn't an argument over the flaws of Fiat, it's argument more comparable to allowing Bernie Madoff to start another hedgefund

Daniel Hussey

@DanielHusseyJr

May 28

Inflation is the name of the game in Capitalism. Education of the masses on this concept is what is flawed. It's how the system works... It equally leaves uneducated people behind, but the system still protects consumers. Does Kraken not hold FDIC insured assets?

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Replying to

and

The time frame the volatility happened in makes this an untenable take- the USD never went to zero in a week. It takes about a century, historically. The extra time and liquidity allow people to afford to survive while holding USD. You’re hurting the industry by supporting terra.

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