We just saw what happened to Luna as a result of UST token going down to hell. Something to consider and a lesson learnt by all digital crypto founders and blockchain tech Coders. We need reserves backed by real digital coins so we dont see what we saw happen over the weekend. That was really bad. Owner of luna is planning to get backed bitcoin and other tokens to back this digital coin so it never happens again and so that other coins learn from that so they dont head to a massive crash.
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