Yard Couch
Published in

Yard Couch

Analyzing Terra’s Aftermath

And the implications on the broader crypto ecosystem.

Three weeks ago, we saw one of the most incredible crashes in crypto history: the fall of Terra. In less than a week, over $40B of market capitalization vanished, and hundreds of thousands of people lost many thousands (or even millions) of dollars.

The response to the fiasco has shone a bright light on a few truths: that most crypto investors only really care about the money and that many crypto projects are not as decentralized as they claim.

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Millan Singh

Millan Singh

Professional Tinkerer, Creative Entrepreneur, and practitioner of A Hero’s Journey. Follow me for tech, crypto, finance, and personal development.