1/14 Now that everyone and their mother is talking about $LUNA & $MIR my message is

We don't need the money

This is why

👇

2/14 Vast majority of crypto assets have insignificant or no adoption at all. The few with the highest adoption are at best very good speculation bets.
3/14 #Ethereum is the King of platforms and today there is no competition even close the liquidity and usage. All this activity is not reflected in $ETH itself and that is why EIP 1559, a proposal to change the economic model is a constant debate.
4/14 Looking at the $ETH example at this point we can conclude the ideal asset needs two important factors

1. Adoption
2. Good value capture

High adoption without a good value capture is not ideal and vice versa
5/14 @terra_money is one of the world's most highly adopted chains with millions of dollars in "real world transactions".

What does this mean and how is this aligned with $LUNA token holders?
6/14 Without getting in to technicals.

Every transaction on Terra collects a small fee that is paid out to $LUNA stake holders.
7/14 Being a stablecoins protocol with all the relevant currencies all minting will eventually put a hard burn pressure on $LUNA.
8/14 Terra platform is growing like nothing else in the crypto space

High usage = high rewards = high price
9/14 50k-100k users paying through the payment dapp #CHAI without knowing they are using blockchain have set a reward base for early investors (still very early)
10/14 Now with @mirror_protocol $MIR becoming the standard for tokenized stocks and other dapps in the making the reward base is getting higher
11/14 The value capture of $LUNA is perfectly aligned with stake holders

If you buy and stake, you take out $LUNA but also dilute our guaranteed rewards
12/14The burn happens anyways, with higher usage of dapps there is a:

higher demand for stablecoins--> higher rewards-->higher amount of $LUNA being burned--->higher $LUNA price
13/14 In bull or bear $LUNA holders are winning

The rewards are non-inflationary paid out in stablecoins
14/14 I hope i could slightly demonstrate how

$LUNA does not need your money

Stake holders are de facto owners of the Terra Protocol

Sharing $LUNA is like chopping parts of your successful business and giving it out to strangers

More from Finance

** MEGA THREAD ON Cryptocurrencies/Blockchain**

I wanted to know the best resources to learn about cryptocurrencies and blockchain for someone with zero knowledge. I asked Twitter, and Twitter answered.

This thread is a compilation of the best resources I was recommended. 👇👇

Let's start with ** BOOKS **

The first thing you should do before you pick up any book:

Learn about Bitcoin & Ethereum by reading the respective whitepapers.

- [Bitcoin white paper](https://t.co/cErOaFn6QL) by Satoshi Nakamoto

- [Ethereum White paper] (
https://t.co/0g5kYCGJGq) by Vitalik Buterin

Even if you are not tech savvy, you can get a good grasp about how blockchain functions from these papers.

1) *The Basics of Bitcoins and Blockchains: An Introduction to Cryptocurrencies and the Technology that Powers Them* by Antony Lewis

This book covers topics such as the history of Bitcoin, the Bitcoin blockchain, and Bitcoin buying, selling, and mining.

It also answers how payments are made and how transactions are kept secure.

Other cryptocurrencies and cryptocurrency pricing are examined, answering how one puts a value on cryptocurrencies and digital tokens.

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