Many of us have been around crypto for a long time (meaning since 2010-2011) and have not seen any progress in positive terms.
Most of crypto growth has been pure speculation/ crypto2crytpo related services/morally questionable uses.
Positives * ...
Sort of positive/sort of negative:
Evading capital controls
Being your own bank..
Big Negatives:
* POW energy use - huge one
* POS stakeholder issue
* Hard to use for Joe Sixpack
* Promotes speculation for speculation's sake(I'd say 90%+)
* Instead of Central Reserve Bank you have very shady stablecoins run by select few individuals - ahem Tether and not only Tether
Maybe someone can educate me on benefits of DeFi for a regular human being?