People have taken the defi hype a bit too far it seems. A lot of the applications running on top of Ethereum have nothing to do with defi, but they make it seem like that to surf on the hype and lure in users/capital. Most people are too stupid to do their own research and therefore take everything for granted.

If we zoom out and not react to everything from a 'Bitcoin good altcoin bad' narrative, there are plenty of actual defi applications running on top of Ethereum that are useful. Dexes for example, it's so easy and fast to exchange one token for another on the platform, which is what we all want to see happen on Bitcoin. Ethereum has it already.

Decentralized stablecoins on Ethereum is another one. I like the fact that the ERC20 ecosystem is so diverse yet so interoperable.

My only issue with Ethereum is that it keeps printing coins (no fixed supply). That's a fundamental aspect of that network I can't get over and therefore not own any.