Zhu Su: If the crypto industry blames founders for industry failure, it may affect the participation of high-potential entrepreneurs
Zhu Su said that the collapse of LUNA has caused heavy losses to many investors, so the calls for forgiveness for Do Kwon are not high. As one of the largest protocols in crypto history, Terra's mechanism has always been open and transparent, UST is widely used by major exchanges, and top VCs are deeply involved. However, the industry seems to blame its individual rather than systemic issues for the failure now.
Although Do Kwon was too arrogant during the peak period and failed to listen to external criticism, if the crypto industry chooses to make him a "scapegoat," it may affect the entry of high-potential entrepreneurs - after all, similar failure cases also exist in traditional industries. Today, when entrepreneurs weigh between AI, early-stage technology, and the crypto industry, they also need to consider the risk of "personal responsibility." This phenomenon is reminiscent of whether Vitalik, the co-founder of Ethereum, should be held criminally responsible after the DAO hack incident.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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