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Why is Terra (@terra_money) unique and should not be compared to other Layer 1 Blockchains like Ethereum, Solana and BSC.
My thesis on Terra, $LUNA and $UST 🌔
A thread on 3 fundamental ideas🧵 👇
My thesis on Terra, $LUNA and $UST 🌔
A thread on 3 fundamental ideas🧵 👇
1 / Terra is not competing against other L1 blockchains to be the best blockchain. It is competing to be the best form of decentralized money.
In his podcast with @delphi_digital, Do Kwon encapsulates the entire ethos that Terra is built on:
In his podcast with @delphi_digital, Do Kwon encapsulates the entire ethos that Terra is built on:
"Our main goal, and the only product that we look at is the Terra stablecoin. Our goal is to make that stablecoin the most decentralized and useful form of money there is. For everything else it’s just a means to an end." —@stablekwon
