The picture you see below is a 1931 soviet bond.
It was issued for accomplishing a 5 year plan in just 4 years...
This bond promises dividends that never came.
The weirdest part?
This is what it can teach us about what's about to happen to the @terra_money ecosystem: 🧵👇
It was issued for accomplishing a 5 year plan in just 4 years...
This bond promises dividends that never came.
The weirdest part?
This is what it can teach us about what's about to happen to the @terra_money ecosystem: 🧵👇
When I was about 9, my father told me this heartbreaking story:
It was all about his own granddad.
He said that before dying, he'd handle him a bunch of old, almost faded papers.
These post-revolution bonds were given to the red army officers.
And you know what happened?
It was all about his own granddad.
He said that before dying, he'd handle him a bunch of old, almost faded papers.
These post-revolution bonds were given to the red army officers.
And you know what happened?
My great grandfather died thinking he gave my father a bright future.
A future he'd paid for with his own blood.
In reality, it was a just a pile of worthless papers.
My young father just couldn't tell him the truth...
So it all ended there.
Why am I telling you this? 👇
A future he'd paid for with his own blood.
In reality, it was a just a pile of worthless papers.
My young father just couldn't tell him the truth...
So it all ended there.
Why am I telling you this? 👇
See, history is cyclical.
Things repeat themselves.
Only this time we have @terra_money with it's stable-coins ecosystem.
What's most important...
$LUNA comes with some unique features that are about to flip things flat.
Check these pics and you'll see why:
Things repeat themselves.
Only this time we have @terra_money with it's stable-coins ecosystem.
What's most important...
$LUNA comes with some unique features that are about to flip things flat.
Check these pics and you'll see why:
These are roman denarii used during the empire expansion.
Check how pretty the silver coins used to look:
Check how pretty the silver coins used to look:
And this is how they got to have less and less silver some centuries down the road.
Shortly after, the Western Roman Empire disappeared...
So the new currencies got pegged to stable coins again.
Shortly after, the Western Roman Empire disappeared...
So the new currencies got pegged to stable coins again.
A couple of modern examples.
This is a 1923 german mark.
Zwei means "2".
Billionen means Billions:
This is a 1923 german mark.
Zwei means "2".
Billionen means Billions:
This ended in 1925 with the Revaluation Law.
The new currency was pegged to the gold mark for the period from January 1, 1918.
Start seeing a pattern here?
The new currency was pegged to the gold mark for the period from January 1, 1918.
Start seeing a pattern here?
Here's a 100.000 Hungarian pengő.
Story tells us it took 15 hours for prices to double...
And 4 days for the pengő to lose 90% of its original value.
The Hungarian economy could only be stabilized by the introduction of a new currency after dropping 29 zeros.
Story tells us it took 15 hours for prices to double...
And 4 days for the pengő to lose 90% of its original value.
The Hungarian economy could only be stabilized by the introduction of a new currency after dropping 29 zeros.
And this is an Argentine alternative banknote.
Government was forced to print it with a new, alternative name replacing the usual "peso" due to hyper-inflation:
They even invented a new currency called "australs".
This banknote is 500.000:
Government was forced to print it with a new, alternative name replacing the usual "peso" due to hyper-inflation:
They even invented a new currency called "australs".
This banknote is 500.000:
It's no secret at all points of history inflation destroyed economies.
And each and every time, a new stable coin system was introduced.
But when future governments printed more coins...
The cycle started all over again.
So how can @terra_money change this once and for all?
And each and every time, a new stable coin system was introduced.
But when future governments printed more coins...
The cycle started all over again.
So how can @terra_money change this once and for all?
You see, in times of struggle, people start searching for new secure ways to trade while keeping wealth.
It used to be gold...
But it's kinda hard to use it in the current global economy.
And if you think $BTC might be a solution, you're "kinda" right.
But...
It used to be gold...
But it's kinda hard to use it in the current global economy.
And if you think $BTC might be a solution, you're "kinda" right.
But...
There's not many real use cases for $BTC.
Yes, it's a digital gold and it's cool for the whales to store it...
Yet the network can only process around 7 transactions per sec.
(VISA does an average of 1,700 transactions per sec).
Not a real alternative.
Now look at $LUNA:
Yes, it's a digital gold and it's cool for the whales to store it...
Yet the network can only process around 7 transactions per sec.
(VISA does an average of 1,700 transactions per sec).
Not a real alternative.
Now look at $LUNA:
So @terra_money is actually a family of stable-coins like $UST, $AUT, $CAT, etc.
These coins solve lots of things in the real world.
Meanwhile, $LUNA is burned and also redeemed to create $UST depending market's needs.
@NicolasFlamelX explains it here:
These coins solve lots of things in the real world.
Meanwhile, $LUNA is burned and also redeemed to create $UST depending market's needs.
@NicolasFlamelX explains it here:
https://twitter.com/NicolasFlamelX/status/1421939189793316866
What does this mean?
The ecosystem is truly decentralized as it doesn't depend on a single entity....
It can't be censored...
Therefore, $USDT, $USDC, $DAI and so many other coins just don't come close.
Check out why here:
The ecosystem is truly decentralized as it doesn't depend on a single entity....
It can't be censored...
Therefore, $USDT, $USDC, $DAI and so many other coins just don't come close.
Check out why here:
https://twitter.com/TheMoonMidas/status/1403030071703638022
You know what this all means?
The more apps launched on @terra_money...
The closer $LUNA gets to the 🌒.
And before you think it's gonna happen in some far future...
Check this famous list of apps on Terra:
The more apps launched on @terra_money...
The closer $LUNA gets to the 🌒.
And before you think it's gonna happen in some far future...
Check this famous list of apps on Terra:
https://twitter.com/FynnToTheMoon/status/1420369205451362307
So let's put it all together.
First, we have @terra_money ecosystem and constant launches accelerating adoption.
Which makes $LUNA stronger and stronger...
Meanwhile, history is repeating itself.
The world economy is about to decline like so many times before.
Here's a hint:
First, we have @terra_money ecosystem and constant launches accelerating adoption.
Which makes $LUNA stronger and stronger...
Meanwhile, history is repeating itself.
The world economy is about to decline like so many times before.
Here's a hint:
You see, it's been decades Governments been forced to unpeg the legal currencies from stable coins.
Remember Nixon's speech in August 1971?
He ended the gold standard once and for all.
This was done in response to increasing inflation and bond emission...
Remember Nixon's speech in August 1971?
He ended the gold standard once and for all.
This was done in response to increasing inflation and bond emission...
Funny fact:
2,400 years before, ancient greek Aristophanes used to joke about it:
He'd say that Charon (the ferryman to the underworld) would start demanding twice his usual price due to inflation.
And guess what...
It already been happening for a while:
2,400 years before, ancient greek Aristophanes used to joke about it:
He'd say that Charon (the ferryman to the underworld) would start demanding twice his usual price due to inflation.
And guess what...
It already been happening for a while:
You know what else history shows?
After Empires unpeg their currencies to stable coins...
(Which has been happening under our nose...)
A severe financial crisis comes.
As people lose their faith in the currency, more and more money is printed.
Sounds familiar?
After Empires unpeg their currencies to stable coins...
(Which has been happening under our nose...)
A severe financial crisis comes.
As people lose their faith in the currency, more and more money is printed.
Sounds familiar?
Same been happening all over the place.
US and other countries getting debt and throwing money to cover the war and pandemic costs.
Only that each banknote is worth less and less.
Plus, happens to be world's reserves are in dollars.
So, you must be wondering...
What's next?
US and other countries getting debt and throwing money to cover the war and pandemic costs.
Only that each banknote is worth less and less.
Plus, happens to be world's reserves are in dollars.
So, you must be wondering...
What's next?
My personal believe is a MASSIVE adoption.
...And at scale never seen before.
A sudden rush to coins nobody can manipulate.
Nobody can censor.
Nobody can print just because they want.
And that are USEFUL.
I ain't saying this because I am a #LUNAtic...
I say this because:👇
...And at scale never seen before.
A sudden rush to coins nobody can manipulate.
Nobody can censor.
Nobody can print just because they want.
And that are USEFUL.
I ain't saying this because I am a #LUNAtic...
I say this because:👇
History works in patterns... and those are clear.
So remember:
There's Columbus-5 update coming.
There's @pylon_protocol.
...And @orion_money.
...And @mars_protocol.
...And there's also 60+ projects more.
Now look at this chart coming out of a dip...
Isn't it a steal?
So remember:
There's Columbus-5 update coming.
There's @pylon_protocol.
...And @orion_money.
...And @mars_protocol.
...And there's also 60+ projects more.
Now look at this chart coming out of a dip...
Isn't it a steal?
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