Dude bitcoin won't evern be a currency unless it stops being volatile.

This is what I mean misinformation.

And even then, it won't be a dominant one because the gov doesnt control it.

Come on dude, you really gonna store cash under a mattress.. .LMAO. It'll be hard to make big purchases and you won't collect interest.

This is what I mean by misinformation. There's too much out there.

I like how you are actually trying to take my class 😂😂

No. You get a C on your exam.

Answer: Because "defi" doesn't matter in the context of currency / store of value.

No government will ever give up control of monetary policy, so selling an asset class like it's out side of government control and will grant you independence as a good thing is just plain nonsense. It's basically the same rationale as gold bugs saying that when the world ends, you just need to buy gold and guns. While gold does have inherent value, when the world ends, gold is useless.

Same with defi. The government will always want control, so there will never be a dominant currency with anonymity or under no one's control. It will always be a side show. And those that advocate it probably are criminals at heart and just want to money launder.

Now defi as a concept is great! Just not a good sales point for crypto currencies. Just like hoarding gold when nukes go off is not a good selling point for gold.

😅😅 Have to hang out with other smoothbrained individuals

But stocks go down prior to a recession and we aren't going down. So no recession.

Stock markets tend to drop prior to start of recesssion. We are rallying so no recession basically.

stagflation with gold go boom