How many project teams start out with the question of building something that is resilient? Do you think this is at the top of most lists? Is it something that is an ongoing part of all discussions?
In this video I discuss how it is evident the quick ride of UST/LUNA was due to the fact that nobody gave any consideration to resiliency. We see this throughout crypto. Instead of focusing upon something long standing, the idea is how much money can we make. While there is nothing wrong with making a boatload of money, long term thinking in terms of resiliency should be a part of it.
Unfortunately, it appears the crypto world is not majoring in this. The Terra deal is not going to be the last situation like this.
▶️ 3Speak
