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Terra Founder Do Kwon Gets Backlash For His Tweet Over Decentralized Money

The post Terra Founder Do Kwon Gets Backlash For His Tweet Over Decentralized Money appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

While the last 30 days has been a blissful month for most of the cryptocurrencies, Terra’s Luna 2.0 has seen no effect. This is because the currency has dropped by 24.37% against Bitcoin in the last 30 days. Also LUNA has plunged by 89.8% from its all-time high on May 28.



Meanwhile, Terraform Labs Do Kwon , who has been completely silent since then, today in the early hours he took to Twitter to write down his thoughts on decentralized networks.



Do Kwon : Crypto Needs Decentralized Money



He made a note that the crypto space is in need of decentralized money which is censorship resistant.




Decentralized networks need decentralized money – obvious today more than ever — Do Kwon 
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