(Un)Stablecoins and the Crypto Crash w/ Bennett Tomlin
Tech Won't Save Us
00:00
Is There a Malicious Attack on Terra?
Do we know how the actual decline in terra began? Like, what actually kicked that off? We don't exactly. The entire history of pegged financial assets has shown that if you constuc them poorly, and make them an attractive target for attack. And so the idea that there was some malicious attacker, and without that, terra would still be functioning fine is unconvincing to me.
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