I agree. But that's more theory.

If the chain itself could control wallets, yes that would be good. But I don't know any way this could work. And if billions are controlled by a group of people, I mean, we are in crypto and know it better.

I think Luna Itself will blow up to an unstable tether version. So if big enough, it could start hammering things to zero ( not zero, but damage the market).

If peg from TUSD should not hold, we see panic.

If peg holds and bear market happens, Luna dies because of inflation.

I mean we know it better from hive.

We could know all agree nobody sells up hive hits 100$.

creating a bazillion HBD ( + 20% hype).

creating protocols/pools for trading HBD to other stable coins, supporting the peg with DAO fund.

At some point, funds are not enough to support the peg and it breaks.

I think this happens to terra this cycle.

Btw, do you know a way to short it without risking the collateral? :D