Conversation

Do Kwon 🌕
@stablekwon
Algorithmic stablecoins are fast becoming the norm - protocol-issued dollars coming to every blockchain. Detractors cannot see - currencies are ultimately backed by the economies that use them, and the future is clearly opting to use decentralized and self sovereign stablecoin💰
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Jarek Borowiec
@borowiec_jarek
You dont have enough BTC to cover UST. Luna will fall to 50$ very soon. Your money flow is very questionable. For me this is Ponzi on large scale.
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Jarek Borowiec
@borowiec_jarek
Replying to
@stablekwon
By the way what you will do if price of Luna will be 20$ and price of BTC on new lows. Whole stock market is collapsing you are in deep shit. This will fall in same way as WAVES. How you will back UST? Simple question? Very risky. Take care.
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Jarek Borowiec
@borowiec_jarek
Really? What about if Luna will go to 20$ then 5$ :D still comfy?. Seen the same shit with cardano. 1.5$ then 0.02$, 3 years ago. Just wait and see. Im shorting as hell.
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Jarek Borowiec
@borowiec_jarek
Not much. I made some K's in EUR. But from my country there at least 5 people that made more then 2 mln euros each from short. To be honest profesional traders that know math said 6 months ago its going to be blood bath for street people that invested.
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