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Terra (the Trade Reference Currency, TRC) is the name of a proposed "world currency".The concept was revived by Belgian economist and expert on monetary systems Bernard Lietaer in 2001, based on a similar proposal from the 1930s.
Terra is a blockchain that leverages fiat-pegged stablecoins to power a payment system. For consensus, the Terra blockchain uses a proof-of-stake codesign. [4] Several stablecoins are built atop the Terra protocol, [4] including TerraUSD, which was the third largest stablecoin by market capitalisation before its collapse in May 2022. [5]
The price of LUNA compares favorably to the price of terra classic, or LUNC. Following its crash in May 2022, it has not recovered. Today, LUNC trades for just $0.0002424, making it a penny crypto.
Kwon Do-Hyung [2] (Korean: 권도형; born 6 September 1991), commonly known as Do Kwon, is a South Korean former businessman and software engineer.He was the co-founder and CEO of Terraform Labs, the parent company of crashed stablecoin TerraUSD and cryptocurrency Luna. [3]
If Amazon were to sustain a 10% annualized growth rate in cash flow through 2030 (based on the $18.64-per-share consensus for 2027), its multiple would drop to just 7.
TSCL updated its 2025 COLA prediction based on August's CPI-W data, which came in at 2.5%. TSCL’s projection decreased from 2.57%, when July's CPI-W came in at 2.9%. According to The Senior ...
The Economist reports that superforecasters are clever (with a good mental attitude), but not necessarily geniuses. It reports on the treasure trove of data coming from The Good Judgment Project, showing that accurately selected amateur forecasters (and the confidence they had in their forecasts) were often more accurately tuned than experts. [1]
The Federal Reserve's rate cuts won't directly lower home prices in 2025. But they could spur a chain reaction that leads to a drop in home prices. The Fed doesn't set mortgage rates or any other ...