Finance And Insurance Blog

Photo by Jamie Street on Unsplash It has been a while since the news about the crash of Terra Luna as well as its stablecoin, UST. The news was so huge that even people who know nothing about cryptocurrency seem to have heard about it. So much so that somehow some of these people use this as an example as to why not to “invest” in cryptocurrency even though they do not know how it went down, where the weakness was, etc. because I actually had to explain to a group of people one time as to the reason why it crashed. However, all they cared about was just cryptocurrency is a no-go and it was proven, just like how Warren Buffet - Charlie Munger duo believed. On the other hand, being a software engineer, I still do not totally dismiss the potential that Web3 stuff has though in the perspective of investment, everybody has to still be really careful as there is no doubt that it is still in a very early stage. This also means that there could be a lot of failures still; worst, there might