Ethereum

4 / caveat: the flow of assets (irrespective of its underlying) is still real economic activity. a buyer and seller (even of a shitcoin) is still financial value. but this PvP closed loop isn't primed for further growth -- why do you think old coins are rebranding to new coins?

5 / the real issue here - which i think vitalik is trying to highlight - is that defi's long term value depends on the bigger problem of finding other real use cases. without a breakout use of crypto for payments, gaming, social, DePin, etc., it's an insular economy

6 / right now defi is in 2 camps:
- same old token / incentive engineering to create levered loops of value
- nerdsnipes around MEV, orderflow, intents, etc.

this is okay. but the need for builders to branch out of the shiny token meta and take risks is greater than ever.

Defi мақсады жасалған мүмкіндіктерді талқылауға мақсатты табу алмайтын басқа қолдаулар табу мәселесі. Криптовалютаның төлем, ойын, әлеуметтік желілер, DePin т.б. аспаптарда пайдалануын табу деп ойлау керек.