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Ron Burgundy
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Comments by "Ron Burgundy" (@ronburgundy4375) on "THE ONLY WAY LUNA COIN WILL HIT $1 - DO KWON SAYS THIS" video.
Because it needs to be burned the supply is too high to retain value. If people ever want it to to back up they need to collect coins destroy them and then change the protocol for it to not freak out and mint so many new coins.
1
Needs to be burned for it to to back up same thing people need to be doing with Shiba
1
An algorithmic stable coin isn't going to have an effect on stable coins actually backed by a dollar
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