3) There are people whose beliefs in a product or a chain will always dominate other factors.
But most of the people you see using something aren't trying to express their faith. Most people are still searching, and using whatever seems best for them at the time.
Conversation
5) It was dismissed, and derided.
And then released one of crypto's largest userbases on it, 100 times as large as all of DeFi put together.
And showed what always true, but not made explicit:
that for most users, chains were no more sacred than products.
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6) There have been wars over BSC, and whether it's good or bad.
I think that misses the point.
I'm not and I don't build on BSC. So I can't be sure what they were trying to do.
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10) And then there are yield farms.
No matter what we say about them, they never really needed to be decentralized, at least if the whole point is the yield.
You can drop yield anywhere. And no one who's using is there for the governance.
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13) And, really, if we want DeFi to get huge, we can't pretend that yield is the same thing as well-built decentralized primitives.
We have to build great products which can outcompete the alternatives.
Replying to
14) BSC has been hugely successful for . And BSC proved a point.
It's a point the ecosystem needed to learn.
adapted. He does that quite well.
DeFi needs to adapt, too, to grow.
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