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The Truth About Why DeFi Is Not Dead
A December 2022 CNBC survey showed that only 8% of Americans have a positive view of cryptocurrencies. Writing the obituary on NFTs, DeFi, and the entire crypto asset class is effortless. Here’s why that conclusion is wrong.
Would you want to be famous? In what way? How would you describe your “perfect” day? Given a choice to have dinner with anyone in the world (past or present), who would you choose? If you could wake up tomorrow having gained any ability or quality, what would it be?
These are examples of interesting questions. You could have a fascinating conversation with someone and get to know them better by asking and answering these questions. But, on the other hand, if you went to an ordinary person and asked them, “Is DeFi dead?” you probably wouldn’t have the best conversation.
You may get a response like, “What in the heck is DeFi?” or “Ewww, please don’t talk more about crypto.” But that’s why you and I are on Medium, where we can read and share opinions about topics like DeFi. And while the mainstream media wants us to think that DeFi is dead or dying, I’m here to share a few reasons why that narrative is inaccurate.
