Complex systems have a way of gobbling up all that is out there. That is exactly what I see forming here. There is no centralized plan or direction taking place. Just a lot of mishmash of projects, going every which way.
However, that is the power. While we can point to the major TVL and what is taking place on Ethereum, what gets overlooked is something like HBD. Here is where we see true DeFi in action. Of course, to grow that, means incorporating it into payment systems and applications. As that grows, it flies under the radar but is a powerful alternative.
Plus it is out of the reach of governments, central banks, and corporations. So what is the result going to be if it is successful.
And this is just one example.
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