Too Long; Didn't Read
The collapse of UST/Luna is a repeat of the collapse of the Tether stable-coin. It looked like a crypto world's "Lehman Brothers moment" to me, reminding me of the crisis that we had in 2008. There is no 100% safe asset out there (yet) Errors in the protocols, hacks, or attacks may cause huge chaos. The real value and strength of tokens will be revealed in crisis moments. We need regulation on digital assets, and LUNA/UST crash proved that we probably need regulation.