🧵 Thread

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Over half a million people watched the clip where Do Kwon says "Terra will be the single largest holder of #BTC in the world besides Satoshi." But almost nobody watched the actual interview. Our interns went to work to summarize this lively conversation medium.com/momentum6/do-kwons-gonna-terra-up-the-town-7b80d5ee886d

1/ Do Kwon talks briefly about his background and then jumps right into defining @terra_money's mission and strategy for becoming the first truly decentralized global-scale, multi-chain stablecoin. He also explains the biggest issues with current collateralized stablecoin models

2/ @stablekwon goes on to share his thoughts on the current regulatory landscape and his experience working with regulators to find a common ground and a common language, and talks briefly about his disinterest in materialism before giving us a tour of his apartment.

3/ He also shares his thoughts and outlooks, learning style, and a couple things he's currently working on. if you've never heard of "fungible labor markets", don't worry, us neither. But it's quite a fascinating idea.

4/ When asked about which tools are good for learning and keeping up, he had this to say: "Twitter is still the best. We can learn at a pace that wasn’t imaginable before creating this industry. It’s an insufferable cesspool for about six months, but you get used to it."

5/ All in all it was a very engaging and enlightening conversation that helps us get to know Do, get a better sense of the role stablecoins play in the global economy, and the important things to consider when designing a new #money. We hope you enjoy it youtube.com/watch?v=Tl-an5skBtA

You can read the unrolled version of this thread here: typefully.com/Momentum_6/PPzpylN