Buterin: Terra should protect the smallholders, not the whales
-The Terra project should prioritize small hodlers as part of any proposed reimbursement plan, according to Ethereum co-founder Vitalik Buterin.
-Buterin thinks that the focus should be on the smaller investor who needs the money, before going a step further by suggesting that the whale hodlers should cop the loss.
-The obvious precedent is FDIC insurance (up to $250k per person).
-An interesting unrelated one is Singapore employment law. Stronger regulation for low-earning employees, and a more figure-it-out-yourself approach for the wealthier.
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