# UST: New Paradigm or Ticking Time Bomb? | Terra Bear vs. Bull

*Author: David Hoffman*
*Published: Apr 7, 2022*
*Source: https://www.bankless.com/de/ust-new-paradigm-or-ticking-time*

---

![audio-thumbnail]()UST: New Paradigm or Ticking Time Bomb? | Terra Bear vs. Bull0:00/0:001×⬆️*  Join [Bankless Premium](#/portal/signup) to listen to the **Ad-Free** version of this episode *🚀

[Subscribe now](#/portal/signup)
---
Terra is exploding. Do Kwon and the Terra ecosystem are turning Bitcoin into their collateral asset of choice to backstop LUNA and the UST stablecoin. Over the last several weeks, the Luna Foundation Guard (LFG) have bought over 30,000 BTC... and they don't plan to stop there.  

As the LFG climbs the ranks of bitcoin holders, Do Kwon has started playing empire games—claiming victory over the Curve Wars with the 4pool (which contains UST, Frax, USDC, and USDT), calling for the end of DAI, and attempting to build out the Terra ecosystem as the ultimate power in the universe.  

Is Terra (UST) the future of crypto money? Or is it a ticking time bomb waiting to explode? Perhaps the truth is somewhere in the middle, so we're going to debate it. From the bull side is Delphi Digital's **José Maria Macedo**, and representing the skeptics is Selini Capital's **Jordi Alexander**.

---
***M·A·C *****Cosmetics ***x **Keith Haring** are Launching an **NFT Collection** for a **Good Cause***

[Help youths in need](https://bankless.cc/MAC)
---

#### 🎙️ **[LIVESTREAM](https://youtu.be/6eOU5OaKd8s)**
[Listen to podcast episode](http://podcast.banklesshq.com/) | [iTunes](https://podcasts.apple.com/us/podcast/bankless/id1499409058?ls=1) | [Spotify](https://open.spotify.com/show/41TNnXSv5ExcQSzEGLlGhy) | [YouTube](https://youtu.be/6eOU5OaKd8s) | [RSS Feed](http://podcast.banklesshq.com/rss)

---

### Bankless Sponsor Tools:
👀 **POLYGON** | LAYER 2 DEFI
[https://bankless.cc/Polygon](https://bankless.cc/Polygon)

❎ **ACROSS** | BRIDGE TO LAYER 2
[https://bankless.cc/Across](https://bankless.cc/Across)

🦊 **METAMASK** | THE CRYPTO WALLET
[https://bankless.cc/metamask](https://bankless.cc/metamask)

💳 **LEDGER** | THE CRYPTO LIFE CARD
[https://bankless.cc/Ledger](https://bankless.cc/Ledger)

🧙‍♂️ **ALCHEMIX** | SELF REPAYING LOANS
[https://bankless.cc/Alchemix](https://bankless.cc/Alchemix)

🦄 **UNISWAP** | DECENTRALIZED FUNDING
[https://bankless.cc/UniGrants](https://bankless.cc/UniGrants)

---

#### RESOURCES
- [Jordi Alexander CIO of Selini Capital](https://twitter.com/gametheorizing)
- [Jose Macedo Founding Partner, Delphi Digital](https://twitter.com/zemariamacedo)

---

#### 🏴 JOIN THE NATION 🏴
Subscribe: [Newsletter](https://bankless.ghost.io/) | [iTunes](https://podcasts.apple.com/us/podcast/bankless/id1499409058) | [Spotify](https://open.spotify.com/show/41TNnXSv5ExcQSzEGLlGhy) | [YouTube](https://www.youtube.com/c/bankless) | [RSS Feed](http://podcast.banklesshq.com/)

Follow:  [Twitter](https://twitter.com/BanklessHQ?s=20) | [Instagram](https://www.instagram.com/banklesshq/) | [Reddit](https://www.reddit.com/r/bankless/) | [TikTok](https://www.tiktok.com/@banklesshq) | [Facebook](https://www.facebook.com/banklesshq/)

---
***Not financial or tax advice. **This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.*

---
***Disclosure. **From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our [investment disclosures here](https://bankless.ghost.io/bankless-disclosures/).*
---

*This article is brought to you by [NEAR](https://www.bankless.com/de/sponsor/near-1785257427?ref=ust-new-paradigm-or-ticking-time)*