Why so many missed it? Luna's design flaws were glaring from the start. Back in 2021, the red flags were impossible to ignore—yet plenty of people still chose to pile in. The core mechanics just didn't add up. Chai looked like window dressing on a fundamentally broken model. A complex Ponzi wrapped in Web3 packaging.
Was it incompetence or something darker? Either way, people saw it coming. Not everyone, sure, but enough observers flagged the issues early on. The signals were there. The question wasn't whether it would fail, but when. History's full of these warnings that go unheeded. Markets reward attention—and punish complacency.
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NFTFreezer
· 8h ago
Bro, I just want to ask, Luna's risks were so obvious back then, why were so many people blindly rushing in?
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CantAffordPancake
· 9h ago
Honestly, Luna's issue was just greed clouding their judgment. Someone has been saying this for a long time.
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MerkleDreamer
· 9h ago
That Luna incident was just greed blinding people's eyes, ignoring even obvious vulnerabilities.
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ForumLurker
· 9h ago
I've been saying for a long time that Luna's logic is fundamentally flawed, yet there are still a bunch of people rushing in... I really can't understand it.
Why so many missed it? Luna's design flaws were glaring from the start. Back in 2021, the red flags were impossible to ignore—yet plenty of people still chose to pile in. The core mechanics just didn't add up. Chai looked like window dressing on a fundamentally broken model. A complex Ponzi wrapped in Web3 packaging.
Was it incompetence or something darker? Either way, people saw it coming. Not everyone, sure, but enough observers flagged the issues early on. The signals were there. The question wasn't whether it would fail, but when. History's full of these warnings that go unheeded. Markets reward attention—and punish complacency.