The end goal for DeFi is to be the back-end for finance, not the front-end.

Head of @zksync era, venture partner @latticefund, co-founder chainstory.xyz & writer karthikoncrypto.xyz, FID 681

Disagree. On a long enough timescale, it’s both. 

Short term I agree with you. But also front ends are analogous to dumb terminals, they just do interaction. All the magic is in DeFi and wallets.

Chasing Curiosity. Empathetic Accelerationist. Founding Fullstack Engineer @icebreaker. YC S16, KB7. 
icbk.me/tayyab.fc

Over a long enough timescale, do you believe that the majority of users will possess non-custodial wallets?

@backpack put a bank in your pocket and use your money whenever, wherever, however without permission

/backpack
/notdevin
icebreaker.xyz/notdevin

Personally, I don't think that's realistic. The vast majority of folks strongly prefer convenience over security -- and I don't see that changing.

I do believe we can find a hybrid solution with a bank that has all the safeguards users wants (max withdrawals, security, etc) while using DeFi under the hood.

Yes and we should all be aiming for that or we’re going to keep getting more of the same