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    Ethereum Creator said these Cryptos are Doomed to Fail!



    Vitalik Buterin, the co-founder of Ethereum recently released an article on his blog related to the collapse of cryptos including Terra Luna (LUNA and LUNC) and UST. He also gives some warning about other cryptocurrencies that he doesn’t see as holding strong potential in the future.

    Here is a link to his essay. What do you think about this info?? Comment and let’s chat!
    Essay Link: https://vitalik.eth.limo/general/2022/05/25/stable.html

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    Sources:
    Forbes Article: https://apple.news/ANx_t2qZkRFefX2sINJv2kQ
    Kraken CEO Supports Luna 2.0: https://cointelegraph.com/news/kraken-ceo-defends-listing-luna-2-0-bitcoin-traders-don-t-pay-the-bills

    *Disclaimer: Bob is not a financial advisor. Please contact a professional financial advisor prior to making any decisions including with terra luna crypto. Some of the links and other products that appear on this video are from companies in which Bob Sharpe earns an affiliate commission or referral bonus. Bob Sharpe is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

    View 23 Comments

    23 Comments

    2. Joseph L on

      I thought the same thing about fees when buying and selling crypto. A 1 percent fee can make these companies plenty of money. The more you trade on their platform, the more they make off of you. It may be a sliver but once you have thousands of individuals buying and selling a popular piece of crypto, they are the ones laughing in the end.

    4. stephen farrugia on

      Good video. Terra Luna is not like any other coin. The story cannot be clear and goes very deep. This coin made and will make very big news. I keep explaining why and what is happening but nobody gets it. My answers are a result from nine months of full time research before the attack. Nobody checks and nobody believes more then what they see as first appearances. I am surprised how shallow people are in reality. All these coincidences are impossible about Terra. Why would he be so scared of Terra, if he did not know what is really behind it ? He knows because his the usually well informed Russian, he is not blind to facts and realism. Why is Terra talked about more then Bitcoin by almost double, on the internet ? This is all part of a very elaborate plan and it's working. maybe to well. It is perfectly built to rival the king Bitcoin. Terra was attacked and did not fail. Why would it be attacked by a team of friends ? Terra today is much stronger then before the attack in many ways, they achieved goals that would have taken years. Some examples: A much bigger community, the real value of the dollar being three cents and broke the credibility of all stablecoins. This is a long term project for g…….. I say no more. It's a masterpiece, a pure masterpiece.

    6. Math Pirate on

      Good vid. Very nice presentation. The Dollar used to be backed by GOLD…until Nixon did away with that. Crypto should come up with precious metals stable coins. Those precious metals will be around a lot longer than the dollar.

    8. Sean Craig on

      I struggle to understand the draw of stable coins. If they do not increase in value, what is the purpose of holding a stable coin?

    12. Jumping Johnny on

      Bob Sharpe….Interesting!!! VERY Interesting!!! You have an analytical mind my friend. It's refreshing to listen to your analysis/opinions. To be honest, you are on point with your analysis. EXCELLENT JOB!!! TY!!!

    16. sushiabr1 on

      If we use the terra classic block chain right. The USTC wii auto correct itself. Try trading and farming on mirror protocol and you will see for yourself

    17. caribbeanQueen on

      I clicked on the vid thinking I'd get a detailed explanation about OTHER CRYPTOS besides Terra and LUNA/LUNC. But all I got was those. So the title is misleading Thumbs down for that. Now I have to go read the article myself to see what other cryptos he spoke of. That's a waste of my time.
      I listen to guys like you, so you can do that work for me. To read it and tell me.

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