So we’ve gone from “Everyone is learning the value of DeFi” to “I can come up with a single example of a DeFi system that hasn’t been hacked (yet)”
Hardly says that DeFi as a category is reliable.
Hardly says that DeFi as a category is reliable.
You said "day traders on FTX are learning first hand the value of DeFi", but DeFi is just as much of a shitshow as the rest and has had just as many collapses.
I am one of these people: I had funds locked into a CEX, was lucky to pull them out some days before turmoil but others not so lucky. During that time my DeFi holdings were fine. I would now rather take on protocol risk of something established and proven like Uniswap, instead of risking with an unregulated CEX.