Time to have a very good look at what is happening with $luna,and why the burning of luna of circulating supply ´supply crisis thesis´that i keep seeing everywhere(and posted myself too) is wrong. (15 tweet thread).
As everyone knows, i am big luna fun and holder since long time

, but why you think i will take profits on way up in bullmarket from alts(incl luna) into bitcoin & stablecoins ?
-bitcoin: a, non-sovereign, hardcapped supply, global, immutable, decentralized, digital store of value
-luna is none of this,but it can go up A LOT in value because

is good project. But if you want to understand the real power of bitcoin, just look at this big luna release from locked supply today (20 million lunas). These are employee and investor vestings that came out of TFL wallet (in short, from the 500 mil luna locked supply. luna has

958 mil supply, 564 mil locked supply, 394 mil liquid supply of which 312 mil staked).So this release is locked supply being brought to circulating supply.And that is exactly the point,i keep seeing for months on end now, and i even posted it, that the main power of luna is that

circulating supply is going down due to the burning, which has been undone now multiple times by ´surprise´ releases from locked supply. People keep mentioning how nice it is that luna gets burned, but there is ZERO possibility to predict future price action on burning rates when

500 million+ lunas in locked supply can be released over time.And yes, i know, some will be locked up in DAO, or in terra lab investment fund, etc, but still, humans control this supply, and humans will be tempted to release this so called locked supply in circulation the higher

price goes. Therefore, any model predicting luna price based on burn rates is useless, unless you update your circulating supply by adding the 500+ million lunas that are locked. I have asked this many times, and got lot of shit for it, but there is total lack of transparency

about locked supply: who holds it? when will be brought in circulating etc. How much when and where? A total clear overview has never been published. As we clearly saw today, there is no schedule where we can see when or how many coins are released.

Did anybody know this was going to happen? No. Is it announced somewhere? No. Transparency. No. Today this was mentioned, and the reply was that now TFL wallets can be split to stability reserves, employees pool, etc. That is all fine, i get early investors want to sell, and i

understand employees need to be paid, but that is not my point. Point is, is that circulating supply will be fed by locked supply and no supply crisis will come. But more importantly, the supply is being controlled by humans, and the higher price goes, the more they will be

tempted to release more, you can mark my words on that. And...this clearly shows the amazing power of bitcoin: a true non-sovereign, hardcapped supply, global, immutable, decentralized, digital store of value. Either way, not selling luna or anything, very grateful for the

airdrops, huge gains etc,great project,but will be selling heavily this bullrun to change it into btc & stablecoins of course for above reasons. People can stop posting there so called models of luna price prediction based on burn rates, these models are useless when circulating

supply can keep increasing from locked supply like this. No, the 10 billion UST will not come only from burning circulating supply hence causing a supply crisis. The 10 billion UST will be created by keeping up the burns from circulating supply, while at same time bringing

enough existing supply into circulation from locked supply.Therefore achieving 3 things: 1:maintaining enough liquid supply of luna to prevent supply crisis. 2: allowing early investors can sell on time and make their money which is normal. 3: price appreciation of luna will be

slower since supply crisis will not happen.This is what happens when humans are in control of the supply of a coin & that shows the real power of bitcoin. Do not get me wrong,still very bullish on luna,love the project just showing why this supply crisis thesis will not unfold