What is Terra? UST and LUNA explained with Animations

[@luchyman]

Can’t wait for your animated video explaining what happened and why! Especially because you mention on this video that This one was different and wouldn’t fall on the “dead spiral”

[@WatermanSurin]

following

[@raymondrig4321]

So i guess this channel is bullshit information! hahahah

[@milire2668]

@@raymondrig4321 u can already tell after hes explaining the term "financial ecosystem" lol

[@davel4030]

He says "we may be wrong and terra may crash in the future"

[@greenyboy16]

@@davel4030 which is true, buts its how confident he was in this project that really kills me

[@johnv5156]

Interesting to see what's happening in the Terra ecosystem right now.

[@niveditabosman4484]

Imagine watching this video and then the next day the market takes a $1 trillion hit

[@DaRyteJuan]

@@niveditabosman4484 Don’t forget, “Whiteboard Crypto is the NUMBER 1 channel for crypto education. Where they use lessons that date back to the stock market crash of 1929, so easy your grandparents can understand it.”

[@manu6409]

I want an update on this video after all this fiasco about terra passes to see if this worked or not.

[@forexautomatedtrading1959]

it dieded

[@manu6409]

@@forexautomatedtrading1959 You mean "DAId" 😂

[@xumit]

great one. Please make a follow-up of how it collapsed.

[@Masar91]

Great info but we don’t use euros in England as pictured 🤣

[@sauptikghosh9604]

It's pound bruh😂 i am imagining the accent😂

[@we10FE]

I jumped when I saw the euro flag

[@wizkid3295]

@Nope Franks Ok we get it. Relax bro

[@shaunbit8910]

Football clubs do so what you saying

[@Masar91]

@@shaunbit8910 they dont so what you saying

[@edge4094]

Who's here after LUNA 99% crash 😂

[@joeellul-turner1280]

Great explanations as always! 4:35 EUT should probably have the EU flag considering England's not even in the EU now lol

[@von__jan]

I was just about to mention it haha

[@felsgamer]

Besides them never using the Euro in the first place lol

[@jeffpower2399]

@@von__jan me too hahah

[@guilhermezimmermann9692]

joking maybe? haha

[@bassweapon]

bruh hahaha

[@robindodd1969]

At 7:25 you perfectly explained a ponzi scheme, congrats.

[@ТатьянаОдоевская-р1ы]

I am not yet mature enough to explore the Terra ecosystem, I keep all my funds on BSC. There are some very high-yield protocols there, like WOWswap

[@KetrinSmit666]

Saw Buterin's mom's tweet about WOWswap, but never had a chance to look at it myself🤔

[@АринаГоциридзе]

I don't like trading on WOWswap, but I keep my tokens there with a high APY 🙃

[@noahjones7636]

Is there a trading terminal? I used to trade on binance and I'm afraid I can't figure out the other platform😅

[@rickmort5247]

checked the site, very cool, and very convenient to look apy at different chains

[@trianglemarketing4948]

Too bad the high apy on WOWswap goes down quickly, but that's basically how it is everywhere in defi. You just have to strive to get there first

[@andrewtoney7897]

Yep, death spiral indeed. Sad but also valuable lessons. Luckily I wasn't invested into UST or LUNA. Well.. Now I am at a low risk position. Would be nice to see the ecosystem recover however. It could possibly show tons of growth in the stable coin ecosystem of today. Positive thoughts.

[@Swagtastic225]

your position is probably under 2k dollars

[@uav2]

can you do a new video on the fall of Terra Luna? Especially a comparison to Iron Finance?

[@gateCodeKC]

@4:50 "..so far terra has worked.." what a cautionary tale

[@djienf]

Thank you very much for this tutorial. I was soo disoriented, frustrated, intimidated and weary with boring reading material that I actually stopped wanting to learn all together. It was literally a "terror" for me taking on this universe. Now, I can actually envision the Terra ecosystem concept of a large payment processing system, it's basic structure and protocols. Watching this video layed it out for me perfectly and has given me the confidence to punch on. I guess it isn't soo scary after all. Thanks folks.

[@jenniferscanlon5338]

i like your insight on this! and i like that this isn't as loud as bitcoin, and i would love to get into it now because i think its the best time, but i don't really know where to start

[@charleswood8225]

Awesome I'm from Belgium and I can tell you that decentralized finance is definitely the future from my own account, but certainly you need to know your way around it, i have someone, alexis susan welsh, an expert trader that i can invest with and its been great i know so much now how it really works. and because of this right approach to investing, good profit is now my middle name

[@mollybrown1507]

I have been seeing so many recommendations about Alexis Susan Welsh trending, her strategy must be good for people to talk about her and my cousin recommended her to me Consistency is key, I've been investing with her for years now and I've made alot of profit from her. Most of those traders who offer to give you 300% of whatever you invest might scam you of your hard earned money.

[@taylorshephard274]

amazing! i have heard about so many times, Please how do i contact her directly, and i want to invest 20000 dollars, how much return am i expecting in like 3 months

[@contactalexissusanwelshont4198]

.

[@mikelu8866]

Seriously bro. Keep up the good work. I will support in every way i can. I have liked all the videos i watched and even shared this channel to my friends.

[@BlockchainAnimations]

Thinking about those affected by this horrible tragedy. Thanks Do Kwon

[@kimberlymarie2857]

The best decision I ever made in my life was investing in the crypto market. Trust me guys, it really pays a lot! 😊

[@kellyhalper78]

How does this crypto stuff really works and how do I make good profit from it?

[@kimberlymarie2857]

@@kellyhalper78 I would recommend you get started with a professional broker that will trade for you while you get the profit

[@kellyhalper78]

@@kimberlymarie2857 Do you have an idea of any good broker I can start with that's trust worthy?

[@kimberlymarie2857]

I would recommend my current broker Brian Davis. He is currently earning a lot of profit for me and his services are top notch

[@aldenlasley234]

@@kimberlymarie2857 Wow, i'm shocked you mentioned Brian Davis, he is also my current broker

[@wajinshu]

RIP for those who take their lives by investing in this crypto 🥲

[@Gtjxx]

RIP

[@ajaysinghrathore1940]

RIP

[@ptchi2026]

@@Celph nothing to proud of lol you just gambling at this point

[@ptchi2026]

@@Celph lmao have never been stupid enough to buy it even once

[@Celph]

@@ptchi2026 yeah reason why you broke and I’m sitting at 20k and counting 😂😂 from $100 scared money don’t make no money !!

[@SeeKelso]

WBC and Theo do it again. Clear concise, unbiased and accurate.

[@umbaianocanadense4072]

Bro I just wanted to express my gratitude to you and everyone involved on the creation of this videos 💛. I’ve been studying everything related to crypto and Web 3.0 for all about two months now and I’ve learned a lot so far but now I’ve encountered your videos and it feels so nice to understand the things you are saying and explaining , thanks a lot , you are empowering a full generation of people like us that have been using the internet since really young and now we have a chance to make a living out of it 💛 Thanks bro this will change lives.

[@JohnSmith-pn1vv]

Yeah, Luna changed lives alright.

[@mistermiyagi6073]

he empowered a lot of lives by shilling this project didn't he

[@jacksoncasperszart]

Watching this after the crash yesterday is hectic

[@keesmafkees339]

England 🏴󠁧󠁢󠁥󠁮󠁧󠁿 doesn’t use Euro they use Pound

[@gnapsi]

@Sheld𝚘n Evan𝚜… how could you make such huge mistake? Lost a lot in credibility 😶

[@TheThatgaby]

Best educational crypto channel

[@find-z3424]

5:47 - 5:50 is the key

[@reginaldworthington7558]

Such an interesting video to watch on 15 May 2022. Are you planning to make a follow-up video to this given recent developments with Luna and UST? Perhaps those synthetic assets need to be revisited for one thing …

[@LeToyRider24]

I think anyone selling their Bitcoin or Ethereum because of the dip, has no idea what they are holding in the first place. Long term hodlers are not going to sell a single Satoshi. We are on downtrend which the chances of bouncing up off this resistance is much greater than falling lower. Now I buy and just trade and I'm super picky who I listen to for crypto analysis. We should focus on day trading, as it is less affected by the unpredictable nature of the market. Big thanks to Lincoln Mount for helping me earn 18 BTC, after implementing his daily trading signals and tips. I'm not bothered with how bad the Market is turning out.

[@djbrucecorner]

Everyday he comes out with a new Strategy he never runs out of ideals and he never give up he doesn't take loosing for an Answer

[@ilsix]

I'm going to start looking into trading and I hope Mr Lincoln can really help me, I’m just tired of holding and waiting for the price of bitcoin to go up. It’s really depressing

[@faro840]

The BTC price has been side ways. You are so right about trading

[@churros93]

good to see others speaking positively about Mr Lincoln. I'm also a long term user of his strategy and i believe trading bitcoin profitably starts with him. it's a win-win situation every time even when the price of bitcoin is down and still earn regularly

[@debon90]

I will always be grateful to Lincoln I was only a newbie trader when I met him last year October. Now I'm more informed and experienced in the trading aspect of bitcoin, earning more than 1.9 btc every 2 weeks

[@austinjames6948]

this channel deserves a million subs

[@utsavgarg9592]

Good. Now please make video on explaining why the entire ecosystem of using Luna to keep UST stable completely went to dumpster fire?

[@aidaslee1484]

Oh, It seem to be a great project, I think I should go all in. I plan to keep 50% of my portfolio in UST, and the other 50% in LUNA :)

[@migutzz]

nice! where do I buy?

[@ifeanyinwowu5948]

lol 'this time/one is different' is a dangerous quote

[@vanila2012]

Please make another one on how it collapses.

[@soulreaper9453]

5:48, this is the right point it has

[@valuation3199]

Right point

[@ArvinBidhlan]

who is watching this now with latest price Luna ?😂😅😅😂 luna killed all of us

[@jonathancardoza5217]

Hahahaha

[@plargyle]

Thanks for providing such a balanced view of the market.

[@sasusan1]

First class!!! Animation always helps me to rapidly master difficult concepts. It is an invaluable learning " protocol ". Thank you.

[@randjordan9357]

One of only two channels on KZbin in which I will like every video

[@WhiteboardCrypto]

What's the other one?

[@closetmonster6075]

The simple way you have put it is really good 👍

[@ferwingal8306]

Thank God I found this Channel.

[@m1st87]

7:34 in retrospect, that whole explanation of the value being in the people that hold luna expecting more people to join sounds an awful lot like a (decentralized) ponzi scheme. I wish I hadn't put almost all my savings in UST, but no one expected Terra to crash as hard as it did. Hindsight 20/20.

[@raphael4875]

wow wishing you all the best man, that's alot of money

[@m1st87]

@@raphael4875 Thanks man, honestly it was quite a hard blow. But better times will come. I'll have to learn from my mistakes.

[@nealdavidson401]

The only channel where I actually love the "like and subscribe" plugs.

[@jdobalaguer]

Please do one about DJED at some point !! Your videos are amazing and I think it has not been as covered in other places.

[@leeac9420]

Awesome job! Thank you! ❤ TerraLuna 😄👍📈🚀

[@sfarghiu]

Need to keep in mind that terra also hasn t got its own blockchain, it is using cosmos chain.

[@roelavenido1314]

i love this channel already! first video i watched will surely watch more !

[@johnnyblue1101]

Good job, young man. Now do your presentation on the Terra ecosystem’s Anchor Protocol, which will blow people’s minds. Thanks.

[@frvo]

Geez... Watching this on May 21, 2022 sends shivers down my spine...

[@brigones]

This aged well as fine milk

[@saransh100]

What a brilliant and simplified way of explaining the topic! Kudos!

[@reginaldedgardo3530]

Several crypto experts have recently compared bitcoin and other cryptocurrencies to digital gold, and as gold is always growing, this could indicate we are always on a bullish road, even though clear evidence point to a robust rebound even to higher highs. In a bear market, as my personal trading adviser and signal provider Eric Birger always says, sitting on your cash in a bear market isn't the best strategy, because traders are taking advantage of the instability.

[@reginaldedgardo3530]

[@MarkDean444]

For newcomers and busy investors with little or no time to watch trades, trading with an expert like Eric Birger is the best option...

[@Tradacc]

It always surprises me when I hear someone state they are unaware of Eric Birger. It's as if he keeps a constant eye on the blockchain and all of its activities in order to design and implement a profitable plan like his.

[@bradybjorkman9647]

Cosmos!! IBC. A video on Cosmos would be sweet! thanks again for great content!

[@Motivationformen281]

Who’s here after LUNA and UST collapsed😅

[@soulmanifestation150]

bro not gonna lie, your videos are the best. Keep it up G.

[@amiri1986]

aged like milk!

[@sicario_paintball]

Best Vids. Best Voice. Best Info. Thank you!!! 🙌🙌🙌

[@stoatanasov]

Who is watching this video after Terra crushed?

[@mcrndonnager9736]

Me. This channel man...

[@ryanwdavies1]

Great job(quite fast paced)

[@MrMichaeljhinde]

Every time I watch one of these videos, it seems to coincide with getting an alert halfway through that the product being talked about has just jumped up 10%+ in value. Go LUNA!

[@jibranraza9590]

bro its up like 60% this week

[@MrMichaeljhinde]

@@jibranraza9590 happy days, just wish I'd managed to drip more £££ in before it shot off! Roll on the next dip.

[@jschnabes13]

How you guys doing?? Still gonna HODL this bullshit till you get to the moon with your laser eyes?? Try not to hang yourselves lmao

[@MrMichaeljhinde]

@@jschnabes13 doing fine thanks because of the golden rules of only putting in what you can afford to lose. Well played for being so classy as to seek out 4 month old video comments to troll people about suicide on the internet just because they lost a few bucks :)

[@calamorta]

@@MrMichaeljhinde Yeah, trolling with suycyde is too much regardless.

[@_winner4031]

Would love a video on the depeg from you guys

[@AchimDrescher]

Great explanation as usual. However, I still don't understand where Terra is different to a Ponzi scheme. Is the value not based on people buying or selling Luna? If the value would determined on the transactions and the 1% fees that would be different, but to attract investment or make people sell might not work as people might not do what the Algorithm wants them to do

[@athanasiostsagkadouras383]

It's tokenomics is what makes Luna special

[@rained23JMTi]

luckily you spot it earlier

[@rained23JMTi]

@@athanasiostsagkadouras383 nope, it is what causing it to collapsed

[@alexdevisscher6784]

We know the answer now... It was a Ponzi scheme.

[@JohnSmith-pn1vv]

@@rained23JMTi so then.. athanasios was right😁

[@danicoversongs]

You should make an update video of this topic.

[@taedopalleb1373]

Can you do a video on the Cosmos blockchain and maybe how it differs from a similar one like Polkadot? Love the work you do btw. Being able to take any concept and explain them in different ways that still makes sense and is accurate isn't easy.

[@afrosamuri05]

5:46 - he got that right 📉

[@FatherOfTheParty]

These are well done, good job!

[@MatKoszyk]

This video made me stay on your channel for longer :)

[@jeffreyhernandez4546]

Who’s here after UST depegged and Luna is below a penny lmao

[@HeAhaBro]

There goes the algorithmic stable coins as an idea. 😏

[@Altcoinshunter]

Please make video why Terra Ecosystem is failed... Both UST and Luna are more than 50% down

[@stefanvalchev8066]

if he have breain in head had he was going to expain the risk when he made this video.

[@Gamesforyourmind]

Sounds great, I'm in.

[@keith4556]

get the next animation made by looney tunes.the one where wiley coyote falls off a cliff.😂

[@BBWahoo]

LMFAOOOOO

[@Darnelj1]

I'm gonna start buying whatever you review when you review it

[@jbf04md]

Can you make a video explaining what just happened to Luna/USDT?

[@BBWahoo]

sorry ser that's fud

[@laurafunseth3626]

Omg, thank you for your videos 👏 👏 👏

[@JohnDoe-xx8pe]

I took your words as a financial advice to buy Luna and I lost all my life savings, i don't even have money to pay my taxes.

[@Original_jataro]

This was very informative. I'll have to watch it a few more times to truly understand it all but I appreciate WC for creating this content!

[@markdebelich5101]

You might want to ask yourself if I cannot easily understand what it is I am looking at, should I be investing in it? LUNA is a bust it seems. Take care.

[@Pimplypoo]

Good video, but I can't help remarking that the choice of the England flag to represent the Euro stablecoin is such a poor choice for so many reasons, or was it a humorous move perhaps?

[@Chinoman10]

Careful... this reply didn't come from the official chanel.

[@Stoneface_]

@𝐖hiteboard 𝐂rypto scammer alert

[@OliverThalmann]

Love the St George's flag representing the Euro!!! ❤️

[@dudarib]

amazing! just one notice, the England doesnt use EURO currency :)

[@spacecowboy07723]

Fuk gayland

[@AILifeUpgrade]

Great video as always!!

[@linian1987]

this aged very well

[@MrKiwiShow]

where did you get the info about Taiwan adopting Terra from? I am a Taiwanese but never heard about this news.

[@the1windwaker]

Most of this is unaware shilling

[@M.Evra91]

"But Terra is different..." That didn't age well, buddy

[@aminshakeri9849]

thank u for your great videos

[@walterwhite44_]

Anyone watching this now,to grab some Luna in this crash😂?

[@m0rtenDK]

Wow! Great content. Just subscribed.

[@energiadelbienestar]

Thank Youuuuuu! Again, beautiful explanation! Thanks for the great work!

[@manuellara7634]

Great video! Love terra

[@shazam1522]

How many are here after the crash wondering what happened?

[@oscarcampos5542]

Love your Channel keep it up

[@marcvincent3999]

“The profit seems to come from money flowing into the ecosystem…” bros explaining a ponzi and then goes but it’s very different from the last Ponzi scheme

[@calamorta]

Crypto bros in a nutshell. They need to come up with bs so their projects can keep going, but they're all hoping for a crazy high valuation.

[@gmel1084]

You guys should do a video on the RBX ecosystem. best DEX in Defi trading on 17 chains already.

[@LukeClemens]

I think you are confusing Terra UST and LUNA in a couple of places. For example, at 7:05, you say "what happens if LUNA goes under a dollar"... I think you meant to say "UST" or "Terra UST" or "TerraUSD".

[@WhiteboardCrypto]

Good catch! I'm surprised nobody else caught that in the script, my bad

[@madmunky8989]

Great info buddy 👍

[@lowzhenheng1095]

Anyone here after the crash?

[@martinz6069]

i love this channel!!!! Every-time i want to research a new project, i first look on this channel.!!!! Amazing. THANKS! Would love a video on DIVI Project

[@m4d2h0]

Well, this vid didn't age well... LOL! I do still think it's a great concept, and this recent catastrophe is just a learning opportunity for Terra/Luna or the next guys to build a better system next time.

[@Ace2021]

Yup. Algorithmic stablecoins = scam.

[@---iv5gj]

he literally said its value is based on money flowing into the system... textbook definition of ponzi scheme

[@goodnessnwanebu8662]

If you don’t mind mate, How do you make your videos? They are very interesting. I’m curious.

[@karkantas]

I like the usd , krt , euro above euro you put the flag of england which is using pound and also is not in European union 😉btw nice video , always learning from you !

[@Dantheman8222]

Yet another quality video. Crypto is exciting with these new blockchain, protocols and applications, challenging the traditional middle man-infested financial system!

[@JohnSmith-pn1vv]

Terra was completely centralized. And the middle man is working on a solution to the problems on an island in the sun.

[@tranoqvant]

Love your channel, please explain polkadot (DOT) ecosystem. Thanks, great 👍 job!

[@WhiteboardCrypto]

It'll be finished before the end of the month, along with Solana too :)

[@neurohackersecrets7622]

@@WhiteboardCrypto thanks!!! You are great man Also looking forward to your LINK video so I can send it to my older family members!

[@ryancoconutmondala6060]

I subscribed to you because you know how to speak to my 5 year old mind. I get lost in a lot of other peoples videos.

[@hugochavez2273]

Lmao watching this today is hilarious