@0xdef1 Yes

@0xdef1 It matters that it was destroyed by enemies of crypto with brutal calculated precision and yuuuge access to capital

@0xdef1 i would not use the term engineered. more like triggered.

@0xdef1 "It doesn't matter if OBL or an internal conspiracy 'engineered' the 9/11 attacks If the Twin Towers were this vulnerable to any single entity they weren't good skyscrapers"

@0xdef1 UST was badly designed from the start. No one needed to “engineer” its downfall

@0xdef1 Two things can be true at once: 1. UST/LUNA was vulnerable 2. Someone exploited that vulnerability and intentionally sank the ecosystem

@0xdef1 @ZeMariaMacedo 100%, but would’ve loved to see what had happened if the btc backstop had been implemented on-chain & if the curve pool had been fully migrated to the new one Maybe same outcome in the end, who knows, but also it may have been much more robust after all

@0xdef1 Still interesting to know what happened IMO.

@0xdef1 What if it was only this vulnerable now, but noyt anymore later? Like killing a child to prevent it from turning into a dangerous adult

@0xdef1 Lol this is like saying if an advanced persistent threat can compromise your network it wasn't a good network

@0xdef1 Well it does matter to if @zhusu can make a huge claim against SBF/FTX/Alameda in the bankruptcy filing....

@0xdef1 @ZeMariaMacedo Do said this too

@0xdef1 And look at much money it took to even do that. Can only imagine if the BTC backstop had been in place. Honestly believe there were big big actors that wanted to see it fail.

@0xdef1 You make out like this was done by one entity? 😒

@0xdef1 Of course it matters… wth

@0xdef1 This is what someone with something to hide wud say

@0xdef1 This where I come down on this. I believe Do Kwon has also said the same. In the end UST relied on a centralized entity: LFG> basically Do Kwon. May 5th he sold $UST for #btc and then Genesis dumped it. Market forces brought it down;similar to what $si is going through right now