2min chapter

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The Collapse of LUNA & UST and the Vulnerability in Crypto | Nathaniel Whittemore

Hidden Forces

CHAPTER

The Tocenomics of Cryptocurrency

Money and dreams of avarice or fears of poverty, play such a central role in the crypto community. And what i feel has happened is a kind of virus has spread through crypto that has increasingly become obsessed with that particular feature. So much of the space became driven by ponsy finance, and ponsy like incentives that we've seen in other areas of financial markets have also gotten worse. But where where it's in crypto, it's been at the very core of it because you got a loto more people who have a lot less money.

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