
06 The Lunatic Who Crashed Crypto
Search Engine
The Rise and Fall of Terra: Cryptocurrency's Paradox
This chapter explores the ambitious creation of Terra, an algorithmic stablecoin aimed at revolutionizing e-commerce in Asia. It highlights the unique challenges and regulatory battles faced by its creator, alongside the opportunities presented by high returns in the crypto market. The discussion delves into the inherent risks of algorithmic stablecoins and the fragile expectations that underpin their value, contrasting them with traditional financial systems.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.