UNWRAPPING THE LUNA SAGA

Shit They Don’t Tell You with Nikki Limo and Steve Greene

Nikki Limo, Steve Greene & Studio71

Education, Society & Culture, Comedy

4.8 • 2.5K Ratings

🗓️ 9 June 2022

⏱️ 74 minutes

🔗️ Recording | iTunes | RSS

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Summary

On a day in early May, an algorithmic stablecoin called Terra (UST) became un-pegged from the U.S. dollar, thereby leading to a cascade of disaster with Terra's accompanying coin called LUNA. After one of the most stunning crashes in the history of crypto, Steve Greene (aka The Crypto King) takes us through what happened, what may have caused the crash, and what it means for the future of crypto. Follow the podcast on Insta: @shttheydonttellyou Follow Nikki on Insta: @NikkiLimo Follow Steve on Insta: @SteveGreeneComedy To watch the podcast on YouTube: http://bit.ly/STDTYPodYouTube Don’t forget to subscribe to the podcast for free wherever you're listening, or by using this link: http://bit.ly/ShtTheyDontTellYou If you want to support the show, and get all our episodes ad-free go to: https://stdty.supercast.tech/ If you like the show, telling a friend about it would be amazing! You can text, email, Tweet, or send this link to a friend: http://bit.ly/ShtTheyDontTellYou To submit your questions/feedback, email us at: podcast@nikki.limo To call in with questions/feedback, leave us a voicemail at: (765) 734-0840 To visit our Patreon: http://www.patreon.com/stikki To watch more Nikki & Steve on YouTube: http://www.youtube.com/nikkilimo To check out Nikki's Jewelry Line: https://kittensandcoffee.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	So you have to understand, right, when it comes to crypto,
0:03.9	I have a fundamental underlying love. This is my hobby. I love this stuff.
0:08.2	So that's an understatement. Exactly. So I'm telling you, man, I like like obsessed.
0:13.7	Obsessed. So the idea that, you know, this happening is going to make me cry or make me like,
0:19.7	not want to do crypto anymore is so untrue. No. Like, like, but I just want to make sure that
0:24.9	people understand that like, crypto is not going anywhere.
0:31.4	Welcome back to shit. They do not tell you what about podcasts. My name is crypto king.
0:35.6	Steve Green. My name is crypto queen,
0:38.7	Nicky Lemo green. And today we're talking about indeed the collapse of Tara,
0:44.3	Luna's or as I call it, loonies.
0:47.4	As I call it,
0:48.5	things that get me a dining room furniture facts. That was fun. Yeah.
0:56.3	Yeah, man. So this is one that, well, if you're a part of crypto corner,
1:00.6	you guys already know in the entirety of my feelings on this subject,
1:05.4	because we all went through it live together, which was a fucking hell of a ride.
1:08.4	How long was that live stream?
1:11.2	Which one? Well, the one that like right after it happened or during it,
1:16.8	well, so we did it every night. Okay. So how long are your live streams usually?
1:20.9	Just a few that don't usually like we can go three to four hours.
1:24.8	When he says entirety of how he's feeling like it's long,
1:28.6	yeah, well, streams. But yeah, but it was like, I mean, we're,
1:31.9	it was more of, it was less a normal crypto corner and more like we're in a war room.
	...

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