Bazaar

Crypto Winter Series : The Fall of Terra


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Unless you've been living under a rock or trapped on an island, you probably know that the Crypto space is CRASHING hard over the past few months. A lot of crypto exchanges/lenders have filed for bankruptcy. The shares of Coinbase, one of the largest exchanges in the world is down more than 70%. Bitcoin has fallen quite substantially.

Winter has come in the world of Cryptos.

In this episode, we try to answer what happened that triggered this winter & how long this self-induced winter is going to last.

(00:00): Summary of events in the historical crash in the Cryptosphere

(04:19): Events that triggered the so called ‘Crypto Winter’

(10:17): Destruction of the LUNA/TERRA ecosystem : the fall of the first domino

(24:33): Why you should not trust anyone who pays you Fixed Annualized Interest of 20%

(25:54): The RED FLAGS you should look for

(31:36): How long will this Winter last?


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BazaarBy Siddharth Bothra