1/14 Now that everyone and their mother is talking about $LUNA & $MIR my message is
We don't need the money
This is why
👇
2/14 Vast majority of crypto assets have insignificant or no adoption at all. The few with the highest adoption are at best very good speculation bets.
3/14 #Ethereum is the King of platforms and today there is no competition even close the liquidity and usage. All this activity is not reflected in $ETH itself and that is why EIP 1559, a proposal to change the economic model is a constant debate.
4/14 Looking at the $ETH example at this point we can conclude the ideal asset needs two important factors
1. Adoption
2. Good value capture
High adoption without a good value capture is not ideal and vice versa
5/14 @terra_money is one of the world's most highly adopted chains with millions of dollars in "real world transactions".
What does this mean and how is this aligned with $LUNA token holders?