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Considering a decentralized economy *needs* decentralized money, seems like a pretty good reason to buy some $LUNA then ;)

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Hasu

@hasufl

· Oct 24, 2021

When you have the choice, you should never hold an undercollateralized stablecoin like UST instead of a fully asset-backed one like DAI or USDC. You take on extra risk and are not getting compensated for it. It's like a voluntary tax that you pay to LUNA holders. twitter.com/Evan_ss6/statu…

10:49 PM · Oct 24, 2021Twitter for iPhone

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Ive made many mistakes but Luna value capture design was not one of them

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Done ✅

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Fiat poor but $Luna rich!

@pjdotcrypt

Oct 24, 2021

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@stablekwon

Todays dumb $LUNA / $UST FUD contains; "DeFi" users advocating for centralized stablecoins and lack of basic understanding of how UST works. AKA - Still early

R K

@RK11218563

Oct 24, 2021

haha yea like "hey guys, please support Decentralized Finance by using Centralized assets backing it". Cool. I understand the need of it for now and the lower risk argument, but missing the big picture, they are.