My heart goes out to all those who lost everything in $LUNA $U | Jared Tate

My heart goes out to all those who lost everything in $LUNA $UST. The reality is we all have suffered losses now from their rug pull & centralized deceit. It is important for everyone to realize it might get worse before it gets better.

There is likely much hidden damage that could spiral & cascade throughout crypto. Over levereged funds, fractional reserve exchanges... who knows what blows up next. This on top of the global economy macro conditions that are deteriorating rapidly. We could see sub $10,000 #bitcoin before this is over.

And even lower lows for many alts including #DigiByte. None of us know the future, but its important to be hedged and prepared for the worst. We need a solid clean out to purge the scams, Ponzis & centralized sh$tcoins.

Long term only truly decentralized, hardcapped #blockchain assets will stand the test of time. But we need broader education before that fact is really understood by a majority of market participants. Unfortunately pain can be the best of teachers, at the worst of times. Stay vigilant. #DigiByte #Bitcoin

https://twitter.com/jaredctate/status/1524832062632382469?s=20&t=J2p3qJHHflJtQZy1l_chBA