you don't have to be a genius to understand why a completely public ledger is a bad idea
bitcoin is even less private than paypal or having a regular bank account
having a substantial amount of money in bitcoin makes you a bullseye for criminals and government

💥BREAKING:
🇺🇸SAM ALTMAN: “I’M EXCITED ABOUT BITCOIN.”
“THE IDEA OF A GLOBAL CURRENCY THAT OPERATES OUTSIDE THE CONTROL OF ANY GOVERNMENT IS A LOGICAL AND IMPORTANT STEP FORWARD.”

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CEO ether.fi believes that neither Bitcoin nor Ethereum are currently truly high-quality currencies, however, he believes that the ultimate form of a superior currency in the future...

CEO ether.fi: Neither Bitcoin nor Ethereum are high-quality cryptocurrencies yet.

Offchain Labs – the research and development team behind Arbitrum – recently announced a further increase in its ARB Token holdings, further reinforcing its long-term investment commitment to the company...

The Arbitrum team announces the purchase of additional ARB Token , increasing its investment in the project's core operations.

This article is from Prince, co-founder of Avon.
Compiled by Odaily Odaily(@OdailyChina); Translated by Azuma (@azuma_eth)
TL;DR
People's use of DeFi has become highly similar. The market and infrastructure are maturing, but users' mentality has gradually shifted from curiosity to caution. The reward mechanism has changed from "users bear the risks and rewards themselves" to "users wait to be rewarded," and participation behavior has gradually converged around incentives.
The Fading DeFi
DeFi gives people the feeling that...