2min chapter

Hidden Forces cover image

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

Hidden Forces

CHAPTER

I Love the Phrase, Bull Market Baby

This is actually anarea of crypto that i'm pretty familiar with, because i had read the basis white paper back in the day. Atingis a really good example, i think, also the use of ober there is one very important difference. And to your point about cautiously using analogies, uber was providing a service and created real economic value. In this case, i am not entirely sure what the underlying utility was going to be that would allow for the yield to, sure go down over time, but actually still be there to attract capital.

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