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The Collapse of LUNA & UST and the Vulnerability in Crypto | Nathaniel Whittemore
Hidden Forces
The Issue Is That Lock Ups Can Actually Work Against You
We're in uncharted territory as it relates to the liveness of these economies so early in a project's life. Can projects actually kind of get out under the weight of that? I would suggest, or i would dventure t suggest, that we haven't. We haven't had any sort of protracted bar market in terms of crypto prices since the emergence of a sort of defy summer in 20 20. It's been all off to the top. Same with nft, right? Since the emergence of nft, there hasn't been this long period that kills things. And i don't think it's the worst thing to have a bit of a culling"
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