Terra founder Do Kwon discusses LUNA 2.0 and the prospect of a Terra mole | Coinage Episode 0 Part 2

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  • เผยแพร่เมื่อ 14 พ.ค. 2024
  • Terra founder Do Kwon discusses the future of LUNA 2.0, his role in the failed stablecoin Basis Cash, and why he doesn't dwell on Terra's collapse -- even if he believes a mole may have played a role.
    Watch Coinage Episode 0 Part I here: • Inside Crypto’s Larges...
    - - - - - - - - - - - - - - - - - - - - - - - - - - - -
    00:00 - Intro
    00:21 - LFG's Reserves
    04:27 - TFL Corporate Structure
    06:10 - Project Dawn
    07:29 - LUNA 2.0
    13:35 - LFG Funds to Compensate UST Holders
    16:26 - Basis Cash
    30:38 - Terra Mole & Responsibility
    #LUNA #LUNC #LUNA2 #Crypto #Terra #DoKwon #cryptocurrency #cryptonews
    - - - - - - - - - - - - - - - - - - - - - - - - - - - -
    Coinage is a community-owned NFTV series answering crypto's biggest questions. You can learn more about the project at www.coinage.media/ and mint a FREE Subscriber NFT to watch ad-free and help create better crypto content. Sign up for our Caucus NFT pre-mint for a chance to win a free NFT and be first in line to co-own the show with us!
    Follow Coinage on Twitter at: / coinage_media

ความคิดเห็น • 140

  • @freman75
    @freman75 ปีที่แล้ว +8

    Do Kwon admitted he is responsible for the collapse of LUNA, but not guilty in front of the law.

  • @inversebrah
    @inversebrah ปีที่แล้ว +9

    bla bla bla.kwon to jail.

  • @sndrvrstg
    @sndrvrstg ปีที่แล้ว +6

    UST2 withdrawals on Anchor2 must be set with an at least 7 days delay or so. So a bankrun as what happened can be prevented. UST2 also should have a 1:1 USD/GOLD backing imo

    • @gepard4539
      @gepard4539 ปีที่แล้ว

      why did you decide that UST2 will appear at all?

    • @sndrvrstg
      @sndrvrstg ปีที่แล้ว

      @@gepard4539 just hope it so the basis model will start grow again

    • @amgsblogs6069
      @amgsblogs6069 11 หลายเดือนก่อน

      Nice opinion.

  • @alexmustang79
    @alexmustang79 ปีที่แล้ว +4

    Great interview.

  • @abaldopayardu2660
    @abaldopayardu2660 ปีที่แล้ว +14

    Host seems to be more emotional and hold on to his tiger.

    • @randomaccountforagod142
      @randomaccountforagod142 ปีที่แล้ว +5

      exactly, no professionalism all fear and pain blinding him from great opportunities just because he thinks his feelings matter. lmao

  • @uncletan888
    @uncletan888 ปีที่แล้ว +1

    I like USTC. The question should be can Anchor and Mirror start operation again?

  • @tcppro1811
    @tcppro1811 ปีที่แล้ว +1

    Was a good video . Ice is broke . So now let’s work on the solutions .💪

  • @mr.random8447
    @mr.random8447 ปีที่แล้ว +9

    Do Kwon ruined my life

    • @alain4037
      @alain4037 ปีที่แล้ว

      You invested? Your own fault then

    • @mr.random8447
      @mr.random8447 ปีที่แล้ว +5

      @@alain4037 easy to say now, but everything looked legit, even Peter Thiel backed Anchor Protocol.

    • @thordewar608
      @thordewar608 ปีที่แล้ว

      your still breathing, your life is not ruined Mr Random. You chose to invest in a project that failed. As did I and a lot of other people. DYOR

  • @user-ny4ui7ow5n
    @user-ny4ui7ow5n ปีที่แล้ว +17

    He was my superior in the military(ROK 25th Infantary division) in 2013. he told every company members to buy bitcoin and we regarded him as a crazy nerd man. I should have bought bitcoin at that time...

    • @krkMuse
      @krkMuse ปีที่แล้ว +5

      watch the bot

    • @user-ny4ui7ow5n
      @user-ny4ui7ow5n ปีที่แล้ว

      @@krkMuse bot? what do you mean idiot? you replied to wrong person

  • @sai9146
    @sai9146 ปีที่แล้ว +2

    Please ask about burns too.

  • @josspaddock
    @josspaddock ปีที่แล้ว +12

    What specifically would Do Kwon have done differently? Especially if he is planning a rise from the ashes. This is what seems to be missing from this discussion. If the attack was from someone on the inside with special knowledge of Terra’s greatest point of weakness, how will Do avoid a similar problem in the future? Please and Thank you🙏🏻

    • @cbrunnkvist
      @cbrunnkvist ปีที่แล้ว +2

      He does mention Great Leader obsession as having been one issue at least

    • @fatihyener7589
      @fatihyener7589 ปีที่แล้ว +1

      He was planning the crash all along. His words not mine "It's a cycle of life you begin from nothing and you go back to nothing and that's exactly where I want to be.
      So I think Terra is going to be the decentralized money standard across the entire blockchain across all the blockchains and I'm excited for Terraform labs to contribute a significant portion of that early vision but eventually to go back to nothing." That is exactly what he said on an early interview. And before Terra he even had a similar coin called Basis Cash which also crashed just like Luna. And he even withdrew a huge sum of money from Luna like right before the crash. This guy is literally laughing and having joy while people are having all sorts of problems caused directly by either his arrogant and tyranny behavior if not directly his plan.

  • @khilmi2247
    @khilmi2247 ปีที่แล้ว +1

    When episode 1?

  • @freman75
    @freman75 ปีที่แล้ว +2

    Why does the interviewer keep smiling? looks very creepy.

  • @avarkirec819
    @avarkirec819 ปีที่แล้ว +7

    Can you add subtitles please !

    • @buddhacandlestick
      @buddhacandlestick ปีที่แล้ว

      Брат с переводом попробуй найти, кто то по-любому залил

  • @mokless2750
    @mokless2750 ปีที่แล้ว

    Known we want to buy or obtain a chance to buy its been up for a while now

  • @99cryptoFR
    @99cryptoFR ปีที่แล้ว

    thanks @coinage for this interview !

  • @TheDogsSide
    @TheDogsSide ปีที่แล้ว +8

    Great interview by a person who’s company is literally funded by the person he is interviewing. Wonder if there is a conflict of interest there? Hmmm🤷🏾

    • @hqcart1
      @hqcart1 ปีที่แล้ว +1

      Proof? or you heard it from someone who heard it from another?

  • @maximmakeyev7593
    @maximmakeyev7593 ปีที่แล้ว +4

    so he is not even trying to set up a charity/aid fund for affected UST holders? or gradually repair the damage from the profits generated from future Terra 2.0 projects...
    all that we will get is a small airdrop from an impoverished LFG fund?

    • @hqcart1
      @hqcart1 ปีที่แล้ว +1

      he isnt their sugar daddy.

  • @kaedenwilder4549
    @kaedenwilder4549 ปีที่แล้ว +2

    Why isn’t the SEC going after this dude???????

  • @Lingui-vi6du
    @Lingui-vi6du ปีที่แล้ว

    I wonder how much Zack has invested in Luna... cause 42:00 seems to be directed to Dokwon

  • @darotechnicalchartanalyst9430
    @darotechnicalchartanalyst9430 ปีที่แล้ว +9

    WE NEED JUSTICE TO DO KWON FRAUD

  • @amgsblogs6069
    @amgsblogs6069 11 หลายเดือนก่อน

    At 31: nice question 👏

  • @ivan1u2be
    @ivan1u2be ปีที่แล้ว +1

    LFG assets should be used to repeg ustc has were supposed to be used

  • @LaCajunWash
    @LaCajunWash ปีที่แล้ว

    Saving my $ for luna 5.0

  • @aabcreativity123
    @aabcreativity123 ปีที่แล้ว +2

    ust 2.0 ?

  • @hellotima103
    @hellotima103 ปีที่แล้ว

    When will the Don launch UST 2.0 ?

  • @eddiereyes5597
    @eddiereyes5597 ปีที่แล้ว

    Luna classic is on fire

  • @ozankirsallioba
    @ozankirsallioba ปีที่แล้ว +9

    Everyone, without exception, is currently waiting for the Luna Classic burning. Please ask him about this as well.

    • @morishogo144
      @morishogo144 ปีที่แล้ว

      Bro forget it. He doesn't give a fuck

    • @BubbleTea846
      @BubbleTea846 ปีที่แล้ว

      nobody waits for that you clown

    • @hollysongs7337
      @hollysongs7337 ปีที่แล้ว +1

      It seems he just wanna recover his image, not to redeem his mistakes that caused tons of people lost their life-saving and some lost their life because of suicides..

    • @peskypaul
      @peskypaul ปีที่แล้ว +1

      If you're waiting for this then you're wasting your time. It's nonsensical; just give up

    • @LaCajunWash
      @LaCajunWash ปีที่แล้ว

      Right what the he'll is a few decentralized exchanges gonna do to 6 trillion circulation supply

  • @GodOfEyeGypt
    @GodOfEyeGypt ปีที่แล้ว +3

    they will kill do kwon 100%

  • @jjjones7207
    @jjjones7207 ปีที่แล้ว +7

    If you knew there was a mole in your team, how could you continue to have trust in them and how could you rebuild with them? In my eyes not a good business strategy

    • @sndrvrstg
      @sndrvrstg ปีที่แล้ว +1

      He must need to know who the mole is to avoid it happening again. And get him fired! To me now it looks like he knows who it is, and protecting him.. Put someone else on it to investigate. 😵‍💫😵😎

    • @chris0000924
      @chris0000924 ปีที่แล้ว

      Blackrock exploited their UST redeem process.

    • @imabbqurazz5251
      @imabbqurazz5251 ปีที่แล้ว

      You only know you have mole after the event has taken place.

    • @hqcart1
      @hqcart1 ปีที่แล้ว

      @@sndrvrstg There will be no "Again" so move on.

    • @JohnSmith-rr8hp
      @JohnSmith-rr8hp ปีที่แล้ว

      He feels pretty indifferent towards it, the most logical conclusion one can draw is that he is part of the attack, and used that as an opportunity to convert his entire stake in LUNA into $3B worth of BTC.

  • @michealwilliam4072
    @michealwilliam4072 ปีที่แล้ว +28

    i have been making losses trying to make profit trading. I thought trading demo account is just like trading the real market... can anyone help me out or at least advise me on what to do?

    • @jeremyhopkins7177
      @jeremyhopkins7177 ปีที่แล้ว

      trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade .

    • @jeremyhopkins7177
      @jeremyhopkins7177 ปีที่แล้ว

      i will advice you should stop trading on your own if you keep losing and start trading with Mrs Katherine Miller trading services.

    • @haleyharrison3144
      @haleyharrison3144 ปีที่แล้ว

      wow i'm shocked you just mentioned and recommended Mrs Katherine Miller i thought i'm the only one trading with her

    • @jeremyhopkins7177
      @jeremyhopkins7177 ปีที่แล้ว

      you dont need to be shocked because i'm also a huge beneficiary of Mrs Katherine

    • @jeremyhopkins7177
      @jeremyhopkins7177 ปีที่แล้ว

      She earned my trust since October last year, when my colleague got paid USD 15500 after investing About 2000

  • @gregrobertson1348
    @gregrobertson1348 ปีที่แล้ว

    We only learn from failure, whatever he does nex will be amazing

  • @hraulia0
    @hraulia0 ปีที่แล้ว +4

    Thanks Bro, Thanks DoKwon. I hope we will get back with the market.

  • @alvintagarino7097
    @alvintagarino7097 ปีที่แล้ว +1

    Bitconnectttttttttttt! Everytime i see do kwons face

  • @tianmu5507
    @tianmu5507 ปีที่แล้ว +2

    Do people actually believe his lies? isn't it obvious he is smirking almost all the way?

  • @oliviamacpherson21
    @oliviamacpherson21 ปีที่แล้ว +1

    whatever, I'm getting chess fries 🍟

  • @Digitalyfinanzas
    @Digitalyfinanzas ปีที่แล้ว +1

    Lástima que no tenga subtítulos en español

    • @_mftv
      @_mftv ปีที่แล้ว

      th-cam.com/video/iyFOKiHQHvE/w-d-xo.html

    • @november9109
      @november9109 ปีที่แล้ว

      It does

    • @Systm_flur
      @Systm_flur ปีที่แล้ว

      si tiene, tienes que activarlo en traducción automatica > español

  • @gepard4539
    @gepard4539 ปีที่แล้ว +1

    where is the reporting, logs? It's just talk without facts

  • @creditwarrior9633
    @creditwarrior9633 ปีที่แล้ว

    The love of Money A.K.A. Greed is the root of all evil. Therefore everyone who gets trapped into this devious "investments" with little to no understanding about the markets let alone Crypto, in a cruel way are exposing themselves to ruin. One solid investment that is consistent in returns is Real Estate. The reason being is that is Real Property is not just this invisible made up asset on the screen. Everything else is pure speculation, gambling, and luck.

  • @ieatapplepiewithchopsticks7355
    @ieatapplepiewithchopsticks7355 ปีที่แล้ว +1

    Zack G. - Going back to your tiger metaphor....it's a little bit more calculated.
    Me - Tiger's are calculated hunters. You should see them hunt.

  • @timethyb6631
    @timethyb6631 ปีที่แล้ว +2

    Do Kwon and his team are hard workers 🤓😁

  • @winnalday
    @winnalday ปีที่แล้ว

    Selling BTC reserves to defend the peg makes no sense whatsoever. The more you dump BTC the more the price of the entire crypto market drops as we know all crypto are correlated to BTC, so that just makes the selling worse.

  • @LaCajunWash
    @LaCajunWash ปีที่แล้ว

    How many people that are blaming this on DQ are actually how much dumb money was in it cause it was out of dqs hands

  • @arthurlimbk
    @arthurlimbk ปีที่แล้ว +1

    He already has tonnes of money from this scam, that’s why he couldn’t be bothered. That’s what the interviewer was curious about.

    • @hqcart1
      @hqcart1 ปีที่แล้ว

      Proof? or you heard it from someone who heard it from another?

  • @JoeTchify
    @JoeTchify ปีที่แล้ว

    What I got from this is everybody is a "tiger"...

  • @RGARDL
    @RGARDL ปีที่แล้ว

    40:25 who did you come up with that conclusion ? No , he is saying its waste of time and you will get nothing out of it besides the NAME of person that did it , you cant sue them , u cant do nothing about it except waste time teying to find out name so you can feed media something to publish and talk about in circules for years .

  • @jacksonlyle8300
    @jacksonlyle8300 ปีที่แล้ว

    Do one more crash so I can get in at 3 please

  • @Philson
    @Philson ปีที่แล้ว +4

    Lolol. Interesting discussion???

  • @hollysongs7337
    @hollysongs7337 ปีที่แล้ว +1

    I hope he can really understand the meaning of TRUST for himself and for other people as human beings

    • @hqcart1
      @hqcart1 ปีที่แล้ว

      he isnt your sugar daddy, trust that!

  • @CharIie83
    @CharIie83 ปีที่แล้ว

    whats wrong with shorting a stock honestly, its ok for do kwon to gamble but not people? that being said, exchanges will pick up leveraged trades if the market is ripe

    • @topking403
      @topking403 ปีที่แล้ว +2

      You'll eventually go broke

  • @vin8889
    @vin8889 ปีที่แล้ว +1

    Is this guy for real? Lol

  • @animalvids6312
    @animalvids6312 ปีที่แล้ว +2

    Luna revival plan being discussed and UST holders are going to be paid back.

    • @maximmakeyev7593
      @maximmakeyev7593 ปีที่แล้ว +1

      do kwon spent billions of dollars to restore depeg. The money went in an unknown direction. And now he's going to return $100 to our wallets?

    • @raminderhora3514
      @raminderhora3514 ปีที่แล้ว +2

      He will also be going to jail, if he doesn't

    • @lilghoul5520
      @lilghoul5520 ปีที่แล้ว

      @@raminderhora3514 lmao keep believing that rubbish

    • @NickanM
      @NickanM ปีที่แล้ว

      @@lilghoul5520
      And now an Korean arrest warrant is out for Kwon...

  • @jl3268
    @jl3268 หลายเดือนก่อน

    This crook owes a LOT of people money and he needs to take responsibility. Who is filing a Proof of Claim??

  • @Systm_flur
    @Systm_flur ปีที่แล้ว

    now he got his minions pretending doing stuff on github and discord, they ain't doing sh*t

  • @timethyb6631
    @timethyb6631 ปีที่แล้ว

    Luna 2 🥰

  • @robvazquez2074
    @robvazquez2074 ปีที่แล้ว +1

    Wen jail

  • @tcppro1811
    @tcppro1811 ปีที่แล้ว

    It’s hard to even bull shit crypto talk lol .

  • @Danielkrmek
    @Danielkrmek ปีที่แล้ว

    No talk on luna 2 … bad

  • @olegc4743
    @olegc4743 ปีที่แล้ว +4

    That's a very irresponsible man right there. I'll never put a single penny next to that face full of BS ever again.
    Kudos to Zack. He did a great job to bring out to the public his BS personality

    • @topking403
      @topking403 ปีที่แล้ว

      Same thing was said about bitcoin

    • @topking403
      @topking403 ปีที่แล้ว

      You'll miss out

    • @LaCajunWash
      @LaCajunWash ปีที่แล้ว

      He should step down let someone else take over

  • @freedomisdead9638
    @freedomisdead9638 ปีที่แล้ว +3

    scammer

  • @gametimeghaeni3558
    @gametimeghaeni3558 ปีที่แล้ว

    wtf is he talking about lol

  • @libertyisparamount1443
    @libertyisparamount1443 ปีที่แล้ว +1

    super annoying fake grin

  • @jonathanblomont9572
    @jonathanblomont9572 ปีที่แล้ว

    This guys Grin on his face is so annoying and doesnt look professional

  • @rruthenian2271
    @rruthenian2271 ปีที่แล้ว

    all in all he is scammer