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scammer 1 "reflecting" on what scammer 2 should've done better?
what bizzaro world are we living in?????
Have been reflecting on Do Kwon and Luna a bit further, esp in light of revelations surrounding the secret bailout in May 2021 by Jump.
In the long run Do would've been better off letting it depeg while it was small and offering better community transparency into the tokenomics. The secret deal to give Jump vesting LUNA tokens in exchange for bidding UST to absorb the depeg was pennywise pound foolish.
Tbh the LFG mechanism is not that dissimilar from the current trend of DATs and also what Saylor did w/ ATMs, it was just horrendously executed at a very poor time. In general showmanship is rewarded short-term and punished long-term. Saylor is a rare talent in that he is a showman yet also has the scars of dotcom to guide toward a steadier path without shortcuts.
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