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Downfall (2004) - Clip 1: Steiner's Attack

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You are in the read-only mode. Close
00:07.1
00:09.6
The Luna-UST Peg has been broken.
00:09.7
00:14.4
A whale has sold off UT and FUd-d whole community
00:14.5
00:18.5
There is a market selloff and our TVL is depleting
00:18.8
00:23.0
The network is experiencing heavy congestion as the whales are arbing everything
00:24.1
00:27.9
Get the LFG to announce and deploy the reserves
00:31.1
00:32.9
My Führer...
00:34.1
00:36.4
LFG Reserves
00:37.9
00:40.7
All the BTC have already been sold
00:40.8
00:43.1
There wasn't enough to maintain the peg
00:59.2
01:05.7
Everybody out except Anchor, Curve, Astroport and Terraswap
01:19.2
01:25.1
You only had ONE job. Maintain the fucking PEG.
01:25.5
01:30.2
The failure of Terra is equivalent to the failure of crypto itself.
01:32.2
01:34.6
Pump it back up before we end up in goblin town.
01:35.7
01:41.1
Stop simping for your favorite femboys. Get the fuck back to work.
01:41.4
01:47.1
The Lunatics are going to panic sell and not realize we are going to get governance attacked.
01:47.2
01:49.4
My Fuhrer, we can still get help from the rest of the space
01:49.5
01:53.3
You think I am going to beg anons? Their size is not size.
01:53.4
01:55.2
Fuhrer, we just need enough liquidity to hold on
01:55.3
01:59.2
I fucking prescribed 24 hours of pegging over the next 7 days.
01:59.6
02:01.7
Fucking milady virgins.
02:02.4
02:07.6
Imajin living the rest of my life like Sifu and frog nation...
02:07.7
02:10.7
How can I show my face at Permissionless???
02:11.0
02:15.5
For years, I have built algostables.
02:15.6
02:20.7
I never needed collateral to conquer the stables space
02:20.8
02:24.0
Im motherfucking RICK SANCHEZ
02:24.2
02:28.8
Quadriga and MtGox never needed it, ever.
02:33.5
02:36.2
Decentralization
02:36.9
02:43.3
You've been sold a bullshit narrative from the start.
02:47.5
02:49.2
Crypto
02:49.6
02:54.6
is built on ponzis. Always has been.
02:55.4
03:00.0
Rugging the community with useless governance tokens. Always has been.
03:00.6
03:06.6
The PVPers will always come after you. They never miss.
03:06.7
03:09.6
Now the whole community is going to get PVP-d
03:11.5
03:14.1
It's ok, we still have vc funding.
03:20.8
03:24.1
95% of coins will fail, how can we be one of them
03:25.7
03:30.6
Halt the protocol, lock the bridges.
03:31.5
03:33.6
It's over.
03:38.0
03:40.9
The peg is lost
03:47.3
03:51.2
If you think I'll give up.
03:51.3
03:55.5
you're wrong, There will be one last airdrop.
04:00.4
04:02.8
I'll send out the tweet