Hi all, I've been reading here for a while and decided to join your busy place. What do you think about DeFi for the next several years. Will it fade away, like most ICO's, stabilize and get much easier to use, or continue with wildly volatile tokens and hot new projects that keep getting major hacks? I love the subject and think the short and sweet DeFi is a prefect name since the whole internet population is used to WiFi.
There's still little demand on it but if that demand fades then it's just good as how the ICOs were gone. We have the idea on how these hypes are becoming gone due to the fact that the market always need something new to make the investors keep on being active. While DeFi sounds as WiFi, I don't see any connection or relevance on it but only everyone is required to be connected to the internet for us to access them.
What do you think, are we looking at a passing fad, something that gets "re-branded or re-invented" after the hacks settle down, and/or is DeFi currently on a path to keep getting stronger?
You have the idea on what it is and that's the first thing that you've said.