Posts

Showing posts from July, 2022

How $45 Billion was Wiped out in the Crypto World over a week.

Image
This is a story of a legacy, a collapse, that wiped out $45 billion of market capitalisation over the course of a week. • Prelude - Do Kwan: Do Kwan was a cryptocurrency developer who founded the Terra Luna token. Let me get this straight, he was a very difficult person, who had a lot of attitude and was always down looking on those who didn't believe in his tokens and cryptos. Attached are a few of his responses in twitter.                                                 • Chapter 1: Learning about different Coins: Before we start, this article is about a crypto currencies. I will try to water this down for you. If you have queries, do let me know in the comments. This article will be like an interaction. We will do it like a conversation. • Before we start, Well What is a stable coin Pranavh? Well my friend, consider a Fiat Currency, A stable coin is just like ...