The 2022 Terra/LUNA Crash: Crypto Claims, Risk and Market Psychology | Blake Templeton

Send us Fan MailARCHIVE NOTICEThis interview was recorded in May 2022 during the collapse of the TerraUSD stablecoin and its associated LUNA cryptocurrency.It is retained as a historical record of opinions expressed at that time. It is not current financial advice, an endorsement of the guest or an invitation to contact or invest with any person or organisation mentioned.The guest makes several speculative claims during the conversation, including an allegation that BlackRock and Citadel borrowed 100,000 Bitcoin from Gemini and helped engineer the Terra/LUNA collapse.BlackRock, Citadel Securities and Gemini all denied involvement. The allegation should not be treated as established fact.After this episode was published, the US Securities and Exchange Commission brought an enforcement action against guest Blake Templeton, Boron Capital and related entities concerning separate real-estate investment offerings.In February 2024, Templeton consented without admitting or denying the SEC’s allegations to a final judgment permanently enjoining him from future violations of federal securities antifraud provisions.In the original 2022 conversation, Peter Boolkah and Blake Templeton discuss:The sharp decline across cryptocurrency and equity marketsMarket psychology during crashesThe collapse of TerraUSD and LUNAA comparison with George Soros and Black WednesdaySpeculation about institutional influence in cryptocurrency marketsWhy cryptocurrencies began moving alongside other risk assetsStablecoins and the prospect of greater regulationPassive holding versus active portfolio managementThe risks and claimed opportunities created by volatilityBitcoin and cryptocurrency as softwareProposed applications for blockchain technologyHow digital assets might affect banking and financial intermediariesQuestions investors should ask about utility, adoption and vulnerabilitiesWhether a failed cryptocurrency can recover after losing market confidenceSome predictions and factual claims made during the interview have not aged reliably.Listeners should independently verify all investment-related information and consult an appropriately authorised financial adviser before making financial decisions.Cryptocurrency investments are highly volatile. Investors can lose some or all of their money. Past performance does not predict future returns.CONNECT WITH PETER BOOLKAHWebsite: https://www.boolkah.comLinkedIn: https://www.linkedin.com/in/boolkahInstagram: https://www.instagram.com/pboolkah/Facebook: https://www.facebook.com/BoolkahX: https://twitter.com/boolkahABOUT PETER BOOLKAHPeter Boolkah is a business coach, author and speaker who has spent more than 20 years helping business owners build stronger, more valuable businesses that do not depend on them for everything.He is the creator of The Hamster Wheel Trap® and author of Your Business Sucks: Build a Business That Works Without Destroying Your Life.Peter works with founders and leadership teams on the issues that ultimately determine whether a business creates freedom or becomes another job: leadership, founder dependency, people, profit, execution, scaling, exit readiness and enterprise value.His approach is direct, practical and built around one simple question:Do you own the business, or does the business own you?Learn more at https://www.boolkah.com