๐ $LUNA โข ๐ฅ $LUNC โข ๐ $USTC โ CZ Explains What REALLY Went Wrong ๐ฎโ๐จ
CZ said it clearly:
โDo Kwon actually had the right idea, but failed miserably on execution.โ ๐คฆโโ๏ธ
Hereโs the full picture ๐
๐น ๐ก The idea wasnโt the problem.
The algorithmic stablecoin model linking USTC โ LUNA could work in theory with proper safeguards.
๐น ๐ฅ Execution destroyed everything.
USTC depegged โ unlimited LUNA printing โ hyper-inflation โ collapse โ
the chain split and LUNC was born ๐ธ
๐น ๐ซ No reserves. No circuit breakers. Ignored warnings.
A fragile system scaled too fast โ wiping out $40B+ in value.
โ๏ธ With Do Kwon now sentenced, the Terra story has officially moved from speculation to history.
๐ Market lesson:
Great ideas without risk control always fail. ๐ฌ
๐ค Do you agree with CZ โ was Terra a great idea destroyed by bad execution?
๐ฌ Are you still holding LUNC or USTC ?
LUNA2
#LUNA #LUNC #USTC #TerraClassic #DoKwon
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