3min chapter

Channels with Peter Kafka cover image

Engineer Molly White explains why Web3 isn’t going great

Channels with Peter Kafka

CHAPTER

Is the Terra Stable Coin Really Stable?

i try to highlight incidents where things go really poorly, like huge hak scams and things like that. One of the analogies web three advocates use is one that i think about a lot, because i was around for the dot com boom. And so yes, there's bad actors and things go wrong, and there might even be a crash that wipes out a lot of this stuff. But eventually, you're going to have useful stuff that comes out of this. N i think with the dochom bubble, we saw a lot of very similar things. Just have the right time frame.

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