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RE: Terra UST spectacular crash: UST debt vs HBD debt. Could the same happen to HIVE and Hive Dollar?

in LeoFinance2 years ago

Biggest issue for Luna is, that you can convert USDT into ~1$ Luna. So there is a multiple amount of devaluated USDT on the market that will crush the Luna price… probably forever, unless they cut ties with that mechanism, basically abandoning USDT to sudden death.

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Then, I think that USDT holders should consider going down.

Posted Using LeoFinance Beta

Probably right… what a mess

As they say, do not look for order where there is none a priori.

Posted Using LeoFinance Beta