Fear, uncertainty, and doubt (FUD) are not always caused by disparate voices shouting into the wind. Sometimes they’re caused by real world events, like when one of the world’s biggest crypt projects takes a face dive into the Grand Canyon. When that happens, smart people re-evaluate their relationships to natural wonders and snake oil salesmen. Screw the wild party, it’s survival time! The Luna/UST crash was like getting hit in the face with a bucket of ice. I’ve never been hit in the face with a bucket of ice, but I’ll assume it’s a shocker. I didn’t lose much with the de-pegging, just a few UST that I bought with my AMPL from Publish0x, and I did that only because Loop required it for paying gas fees and for pooling LOOP in its DEX. This week’s Cryptocracy is (mostly) about FUD. You’ll want to read it all because I get a little personal (teardrop). https://read.cash/@cryptocracy/how-about-a-little-fud-elmer-348e6b93
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