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Comment by jtbayly | Hacker News Reader

I see you haven't given a single reason to think this actually happened. I suppose there must not be one.

Alright. Fine, I'll concede its fine to be skeptical of their actions, I just don't care enough because of the other bigger ways that it doesn't make a difference for the burned user.

Okay, people are out for blood from someone they trusted that did a bunch of dumb things extremely transparently while undiscerning users chose to ignore that. So they want to find a bad opaque thing now to justify their anger and legal or extrajudicial retaliation, which won't help any recovery of assets whether the opaque thing was bad or done properly.

Interesting season arc. I guess. It would be way more interesting if it was used to bailout whales or pocket for himself.

> difference for the burned user

They could've used the money to reimburse UST holders at the time the peg was broken.

That’s an interesting point. It might indeed have made a difference what they did with it… at least for a little while.

Oh, I couldn’t care less, personally. It means nothing to me. I lost nothing because I assume essentially all crypto is a scam. I was honestly curious if there is any reason to assume this wasn’t just another scam.

That was the impression i initially got from you

Not everything bad is the same bad thing

It’s just the irony of it that is interesting to me. I personally don’t think UST was a scam; but I find there is a real possibility they saved themselves in the end. Like you said it doesn’t really matter much, but it’s interesting that all these revolutionary ideas who attract so many people end up back at square one all the time. It’s like a communist who gets some money/power and becomes basically the same or worse than a normal capitalist kingpin. I think people need to be a bit more humble and understand that Rome wasn’t built in a day and certainly not by a single person.

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