Is LUNA a good investment? Let’s dig into this!

To answer if LUNA is a good investment, we have to first find out what LUNA is and then look at it’s value proposition,

LUNA is the used in the main blockchain token for the Terra Blockchain. Now throughout the article, I will be using LUNA and Terra interchangeably or in the same place but with parenthesis. Since the article is on LUNA, we will assume that it is one and the same. Terra(LUNA) is programmable money/currency for the internet. One of the issues that people realized when Bitcoin was born and other Cryptocurrencies was price stability. It’s hard for merchants to accept a currency that is highly volatile. When a customer makes a payment, merchants want to be guaranteed that they get their full payment. In the case of Bitcoin, if a merchant is unfortunate, the payment they receive might be 10–20% lower because of price volatility. This frankly was the big drawback in the early adoption of Bitcoin and still is though there are solutions now that do instant conversions.

LUNA dealing with the issue of price stability and adoption making LUNA a good investment.

According to Terra (LUNA) White paper, the way Terra Protocol solves this issue is the idea that a cryptocurrency with an elastic monetary policy would maintain a stable price while still retaining all the censorship resistance of of Bitcoin and…