Most people would know what happens when the central government (United States, for example) prints tons and tons of money, like in the COVID season.
Yet, how did those smart guys in Terra missed that… It still baffles me. Only see it that this was done intentionally to save their VCs through OTC trade.
Ive fully don’t understand why those people did not go to their govt to pay them more bill when their govt print a lot the money the same way that they do with terra(except UST holder)
everyone know the risk before buy LUNA since white paper released, but when the problem occur how they try to claim the benefit for that
just like “I’ve bought on xx$ I should receive xx$ back”, How make they think like that
It’s so weird.