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I agree. But that's more theory.
If the chain itself could control wallets, yes that would be good. But I don't know any way this could work. And if billions are controlled by a group of people, I mean, we are in crypto and know it better.
I think Luna Itself will blow up to an unstable tether version. So if big enough, it could start hammering things to zero ( not zero, but damage the market).
If peg from TUSD should not hold, we see panic.
If peg holds and bear market happens, Luna dies because of inflation.
I mean we know it better from hive.
We could know all agree nobody sells up hive hits 100$.
creating a bazillion HBD ( + 20% hype).
creating protocols/pools for trading HBD to other stable coins, supporting the peg with DAO fund.
At some point, funds are not enough to support the peg and it breaks.
I think this happens to terra this cycle.
Btw, do you know a way to short it without risking the collateral? :D
That may be the goal. After all, Tether has been very successful.
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