This video is quite niche, but I wrote a doc and also timestamps to help you understand the references. Here is the doc about Do Kwon: docs.google.com/document/d/12XWx_7wCi0KdELDWrVL7ZMRPtlJ-y9hPgGesK0zx9Lw/edit?usp=sharing 0:09 Do Kwon actually name his daughter after his token Luna. twitter.com/stablekwon/status/1515501798442008577 0:23 Do Kwon said this to someone called Algod on Twitter, meaning that he isn't loaded enough to make big shorts twitter.com/stablekwon/status/1501551050490146816 0:47 Another Do Kwon tweet twitter.com/stablekwon/status/1410491186196795398?lang=en 1:09 Pictures represent his preference to UST to Luna, it'll be important later on in the video 1:12 Foreshadowing that UST will be depegged 1:52 Do Kwon hates DAI from MakerDAO, another algorithmic stablecoin. 2:46 I drew that, it's cute right? 3:09 Do Kwon tried to buy out 10B worth of bitcoin for reserves to defend UST, trying to make it a standard cointelegraph.com/news/we-re-already-buying-terra-founder-plans-to-obtain-10b-btc-for-reserves 3:17 A strategy to beat DAI, was to make another pool of stablecoins (on Curve) that included UST. A random article I found can explain it better probably medium.com/@crypto8fi/4pool-enters-the-curve-wars-e10c73a637dd 3:40 Reference tweet twitter.com/stablekwon/status/1506494471873081352 4:24 Do Kwon tells people they're poor all the time, if you haven't noticed. 4:34 UST chant that he did once: th-cam.com/video/hZGlTgtTxtc/w-d-xo.html 5:23 So that's using the Bitcoin reserve that I was talking about, to defend UST 5:28 Selling all that Bitcoin to defend UST can cause a lot of sell pressure on the Bitcoin price, which can tank the crypto ecosystem as a whole 6:59 The only way Terra Luna will survive, is to give up on UST, no more stablecoin. That's the only way Terra as a blockchain can survive. 7:32 I have no idea if he played Starcraft, but he is Korean so. 8:45 This is the whole speech Do Kwon gave on twitter. twitter.com/stablekwon/status/1526258273820651520 8:51 What happened after the crash, Do Kwon tried to fix it by remaking a new chain called Terra 2.0 with the coin Luna 2.0. Hence the sacrifice, no more UST... 10:46 He actually made a stablecoin that failed called BasisCash, and yet he did one again with UST. It's not a stretch to think that he might try again, hence UST 2.0
I am just holding my breathe watching this. You continue to impress us. The camerawork, the angles, the sound effects, the pace, the voice-over, the acting. It has Anime influences, The Big Short, Margin Call.. I am just.. blown away again.
As a fellow lunatic, it does. Took me quite some time to get over the loss. Unlike the video of SBF, this video does portray Do failing, but not necessarily scamming people.
@@stephenbayhon6109 you people deserved to be conned. If you haven't already, be sure to sell everything that you have, including your organs to buy Luna 2.0 😅🤣😆
This is literally A-movie grade acting. By everyone! Impressive as hell. You've got a new subscriber and I hope to see more content like this from you.
That guy is the nurse that tells stories from ER hahah. Joma, I think your plan of studing computer science so you could be a software engineer, and land a job at Google to learn how TH-cam actually works, and then become a youtuber, in order to become a writer/actor, is going quite well.
Probably the best youtube video ever created. Please please please please please make movies. Thank you for giving humans something so enjoyable to watch.
Normally i don't write comments under videos, but i simply have to under this one - just for the algorithm. Keep up the great work!! Greetings from Germany!
Do Kwon :This is my head of research, Look at him. He has cryptopunk as his profile. Ted Jiang : [to camera] Actually, I'm not the head of research but Do Kwon always say that because he thinks it makes me seem more authentic and smart. And actually I have my LinkedIn picture as my profile.
![How This Man Just Caused a $45 BILLION Crash [Terra Luna]](http://i.ytimg.com/vi/3KZY41SqaTI/mqdefault.jpg)
![How This Man Just Caused a $45 BILLION Crash [Terra Luna]](/img/tr.png)
This video is quite niche, but I wrote a doc and also timestamps to help you understand the references. Here is the doc about Do Kwon:
docs.google.com/document/d/12XWx_7wCi0KdELDWrVL7ZMRPtlJ-y9hPgGesK0zx9Lw/edit?usp=sharing
0:09 Do Kwon actually name his daughter after his token Luna. twitter.com/stablekwon/status/1515501798442008577
0:23 Do Kwon said this to someone called Algod on Twitter, meaning that he isn't loaded enough to make big shorts twitter.com/stablekwon/status/1501551050490146816
0:47 Another Do Kwon tweet twitter.com/stablekwon/status/1410491186196795398?lang=en
1:09 Pictures represent his preference to UST to Luna, it'll be important later on in the video
1:12 Foreshadowing that UST will be depegged
1:52 Do Kwon hates DAI from MakerDAO, another algorithmic stablecoin.
2:46 I drew that, it's cute right?
3:09 Do Kwon tried to buy out 10B worth of bitcoin for reserves to defend UST, trying to make it a standard cointelegraph.com/news/we-re-already-buying-terra-founder-plans-to-obtain-10b-btc-for-reserves
3:17 A strategy to beat DAI, was to make another pool of stablecoins (on Curve) that included UST. A random article I found can explain it better probably medium.com/@crypto8fi/4pool-enters-the-curve-wars-e10c73a637dd
3:40 Reference tweet twitter.com/stablekwon/status/1506494471873081352
4:24 Do Kwon tells people they're poor all the time, if you haven't noticed.
4:34 UST chant that he did once: th-cam.com/video/hZGlTgtTxtc/w-d-xo.html
5:23 So that's using the Bitcoin reserve that I was talking about, to defend UST
5:28 Selling all that Bitcoin to defend UST can cause a lot of sell pressure on the Bitcoin price, which can tank the crypto ecosystem as a whole
6:59 The only way Terra Luna will survive, is to give up on UST, no more stablecoin. That's the only way Terra as a blockchain can survive.
7:32 I have no idea if he played Starcraft, but he is Korean so.
8:45 This is the whole speech Do Kwon gave on twitter. twitter.com/stablekwon/status/1526258273820651520
8:51 What happened after the crash, Do Kwon tried to fix it by remaking a new chain called Terra 2.0 with the coin Luna 2.0. Hence the sacrifice, no more UST...
10:46 He actually made a stablecoin that failed called BasisCash, and yet he did one again with UST. It's not a stretch to think that he might try again, hence UST 2.0
.
Do You have a 3AC in the works? You produce Great content! 🦊👍🏽
thats a good one
형은 정말 천재 같아요 stable part 너무 공감됬어요
StarCraft = 🇰🇷😭🤣
This guy is the king of tech humor.
And tech lead is king of tech clown ?
I love it
Fuck yeah 😎
Nailed the details
So true
imagine having a full movie with this kind of acting...keep up the good work!
It is like that. All the last videos are like a series.
This guy started out as a simple tech youtuber. But, now we can all agree that he's gone over all expectations including his and ours.
True
True x3
TRUE!
THIS ☝️
And he only had to sell computer generated art to get the budget to make this.
When the parody is so well made that you actually start watching it like a serious drama
The production quality is off the charts on this one!!!🔥
Having Morgan Freeman voice is crazy
Yoooooooo
OMG love it! Camerawork, sound effects, pace, voice over.. acting!
I like how this has the production quality of a Hollywood movie but he still just taped “StarCraft” to a monitor
The Patek in the freezer.
Ok, I understood virtually nothing about this, but the childhood trauma montage was gold ( and the horse stable joke was the icing on the cake lol)
I have one doubt tho, how does his father in the flashback 7:40 have a newly released notched macbook 😜
@@tejasn3835 in the jomaverse it came out earlier
💯
The horse stable got me laugh hard.
Crypto bros. Either you are in the scam or be scammed.
I am just holding my breathe watching this. You continue to impress us. The camerawork, the angles, the sound effects, the pace, the voice-over, the acting. It has Anime influences, The Big Short, Margin Call.. I am just.. blown away again.
wow the quality of this video is actually amazing! the cinematography, effects, and sound quality. This feels just like watching a movie!
I literally had to rush over to watch immediately I received the notification 😂😂. Joma didn't dissappoint
"I know exactly what pulling out looks like " 🤣🤣🤣🤣
*This had me rolling*
How did I miss this channel? This is absolutely genius. Kudos to the whole team. Might be binging on your content today.
This is funnier than 99% of Netflix comedies
Joma, you gotta make a part 2 on this now haha. The cliff hanger just says it all 😂
I think you mean Do Kwon has to make a part 2 first 😂
@@LachFlex you right 😂 haha
that family drawing at 2:45 is superb.
As a lunatic this hurts a little to watch, but I can't deny the amazing production quality. This is amazing
As a lunatic being a lunatic hurts convert
Why would you admit being a dumbass?
didyou invest in Luna2?
As a fellow lunatic, it does. Took me quite some time to get over the loss.
Unlike the video of SBF, this video does portray Do failing, but not necessarily scamming people.
@@stephenbayhon6109 you people deserved to be conned. If you haven't already, be sure to sell everything that you have, including your organs to buy Luna 2.0 😅🤣😆
yayyyy I made it in your movie 🤩 well done Joma! Amazing as always!
I like the stable jobs part, as it's the opposite of what dad intended lol
The beginning, the attractive, the plot twist, the ending wow every thing goes up perfect
Best thing on TH-cam! Congrats on your success man and I’ll be supporting all the way
your video production is on another level, I applaud you for your dedication
One word: Masterpiece!!! ✌✌
Production quality off the roof!!
LOL that screen overlay, well done @ 6:47
Yo... What on earth is this quality of production for? You nailed it!
Joma's gonna direct a wolf of wallstreet type of movie but about tech, I legit wanna see that lmao
A movie about the 2000 tech bubble!
Oh man this video is amazing. It’s exactly how I envisioned Do Kwon doing this
next level 👍🏼👍🏼
The end UST 2.0 got me so bad, hahaha 🤣
lmao, the desktop backgrounds crack me up.
The Tornado Cash in the background 😂 9:09
This is literally A-movie grade acting. By everyone! Impressive as hell. You've got a new subscriber and I hope to see more content like this from you.
That guy is the nurse that tells stories from ER hahah. Joma, I think your plan of studing computer science so you could be a software engineer, and land a job at Google to learn how TH-cam actually works, and then become a youtuber, in order to become a writer/actor, is going quite well.
Still gives me shivers. I lost so much money. They should make this a movie
high level production, super detailed, a piece of art
Probably the best youtube video ever created.
Please please please please please make movies.
Thank you for giving humans something so enjoyable to watch.
This quality is absolutely insane and with this music, the drama is real
Whoaaa Joma went crazy on this one. Amazing job!
Deserves to be on every streaming service out there. This was a banger joma
You're a writer, director, editor and actor? Darn 🔥🔥 this is too good
He is also a programmer.
We need a Netflix series of this.
Goodness me, can't believe this film quality video is free to watch
Thanks!
Woaaah thank you! Didn’t know that was a feature
@@jomakaze I only see it on some creators, videos from time to time tho
Stable coin developers: "Yes, I love pegging. How did you know?"
LMAO THE FLASHBACK TO HIS PERFECTLY LOVING FATHER AND HE JUST GOES "I forgive you appa" AS IF DAD DONE HIM DIRTY 😂😂
Joma rarely posts video, but when he does he makes it fascinating
So well done! Great script and acting. 👍👏
The quality we deserve. Glad to be subbed
7:37 "best stable for horses"
DED.
That 8:27 "I forgive you, Papa" is such a good comeback from Stranger Things and the 11 hahaha well done.
Thanks for the spoiler mdfkr
@@jnprz9799 you're too slow :D
Love the improved video quality, keep it up joma
3:48 that big short reference was hilarious 😅😅
Brooo this is the most well made and awesome skit video I have ever watched till now..... You are great....
Amazing! Great acting and cinematography!
Incredible.
Oh man, that was awesome content and perfectly videography! Thumbs up
7:30 Lol That Starcraft hit me deppp, and now league 🤣🤣🤣
Oh my I am actually super impressed about the video quality these days
8:40 "is he gonna pump my bags..?" 🤣
Joma’s acting has gotten so good
“ I don’t pull out that easy, right babe”
😂😂😂 I’m dead
Loved it bro, you hold it down for us
Jung Kook is in it. Blackpink wallpaper is too amazing ❤️
From being a youtuber to an amazing film maker. Keep it up sir. Great work.
Joma, your short videos are amazing! Great job! 👍
This is pretty amazing. Probably your best work.
Can't believe how funny you are man. 100% match to my humor taste..please keep making these videos
This should be a Netflix series😂😂😂😂for real
These are so good bro, well done!
Thanks Joma for your amazing NFT’s
I love Vaxxes Doggoss ❤️
Why is TH-cam only recommending this to me now? This is gold.
Brilliant video. Love every minute. But joma pleaseeeee, when will the blindr arc continue
That's a filmmaker right there.
I love these documentary style videos you've been making
Awesome! Production quality is amazing
Normally i don't write comments under videos, but i simply have to under this one - just for the algorithm. Keep up the great work!! Greetings from Germany!
Just mind-blowing acting, and movie making!! Kudos to Joma
Been a while since you posted new content. Keep up the great work.
OMG this was a great movie! Had many unexpected laughs throughout thank you
Do Kwon :This is my head of research, Look at him. He has cryptopunk as his profile.
Ted Jiang : [to camera] Actually, I'm not the head of research but Do Kwon always say that because he thinks it makes me seem more authentic and smart. And actually I have my LinkedIn picture as my profile.
Haha this needs more likes. Do people not know this reference?
daemn I see what you did there
Best thing I’ve seen on TH-cam in quite a while!
“I know what pulling out looks like” 😂😂😂
My boy here with the quality Itzy wallpaper, love it
You literally have the ability to depict global issue in easy drama i like that and i am down 98% from january 2021
3:54 reference to Jared Vennett in The Big Short. Nice one Joma! 😂
This is some next level shit! Amazing work man!
Netflix just missed its chance to have a head-start on LUNA documentary
if i was really rich i would fund joma tech with all his needs to keep making these videos
He should just mint Jomacoin
you're crazy joma, your videos are awesome
Watching Joma from 2018 and I see how a star rising
This is fricking awesome... Very good job joma. 😍😍😍
what a story :') I feel like I'm watching a successful man's life store.
The quality is insane.
I loved every second !!!!!!! 🔥🔥🔥🔥
the smirk at 10:35 gets me every time
- You see my team? This is my head of research. Look at him! He has a cryptopunk as his profile, So don't talk to me about economics. 😂😂😂😂
Literally died during that The Big Short scene
I love that he's got Tornado Cash open in the background
Shout out to Cofeezilla, because I wouldn't have understood this story at all if it weren't for his videos
Dayum the directing and acting are top level 🔥🔥