and I believe that it's starting to encourage developers to build applications for "Bitcoin DeFi". That would probably be the biggest narrative that's coming in the current bull cycle.
Aging myself here, but does anyone else remember a time when DeFi was meant to accomplish disrupting
legitimate industries such as notary services, remittances, etc? When did DeFi get butchered into meaning "
Let's get fuckwits to trade worthless trash with each other"? I'd be supportive of such a narrative if we could get back to more noble pursuits. But it mostly just reeks of opportunism and exploitation. Is anyone building anything someone rational would care about?