The Crypto Reset Explained | Terra Luna 2.0

"ultimately the collapse of terra luna means the sec is going to want to regulate the stablecoin space even more which increases our risk because remember many of these stablecoins are the reason why crypto skyrocket in price"

"maybe five to ten years from now we'll be using that idea without even knowing about it"

"so the old chain will be renamed to tara classic with a ticker symbol l-unc and the new one will inherit the old name of tara luna with the ticker symbol luna"

"the difference is there will be no more algorithmic stablecoin in other words no more ust they're also getting rid of the reserve wallet which remember had all the money to pay for all that interest"